Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Major core government bonds remained under pressure in European trade on the back of higher oil prices. In FX markets, the JPY was among the main underperformers on market talk for additional BoJ easing measures at next week’s policy meeting. Elsewhere, the EUR lost some ground following comments by ECB President Mario Draghi during the post-meeting press conference suggesting that the door for additional rate cuts over the coming months is not completely closed.
GREECE: An overall assessment of the negotiations between Greece and its official creditors in the context of the 1st programme review will be made today at the informal Eurogroup in Amsterdam. If progress is affirmed, another extraordinary Eurogroup may be scheduled towards end-April / beginning May with the aim to reach an agreement as soon as possible thereafter.
Viewers can log herebelow and read the full report:Daily Overview April 22 2016
