HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD remained under pressure in European trade on Friday with the DXY index hovering within sight from yesterday’s fresh three-year lows amid worries over…
Dr. Platon Monokroussos
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries were firmer in European trade on Thursday assisted by somewhat easing concerns about China’s stance on US bonds and a successful 10-yr bond…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking an important step toward the enactment of the tax bill, the Senate approved late on Friday its own version of the draft legislation with…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â The EUR retained a firm tone in European trade on Monday supported by increased optimism over the prospects of the euro area economy…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â In reaction to firmer than expected euro area November flash PMIs and the likelihood the APP programme to not be extended beyond September…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The 435-seat US House of Representatives approved its tax draft plan late on Thursday with 227 Republican in favor votes. All Democrats and 13 Republicans…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE:Â According to press reports, the preparatory work of the technical staff of the institutions (EC/ESM/ECB/IMF) has so far revealed that only 2o prior actions…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â Tensions between Madrid and Catalonia are escalating. According to comments by Catalan president Carles Puigdemont yesterday, the Catalan Parliament is expected to discuss…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â Negotiations between the major political parties in Spain on how to jointly handle the Catalonian crisis continue. In the meantime, the leader of…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â Taking their cue from the slightly negative tone in Wall Street overnight, the majority of European equity markets were moderately in the red…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â Major government bonds were modestly firmer in European trade on Friday on renewed geopolitical jitters while, in FX markets, favored by their safe-haven…
Greece: January – July 2017 State Budget Execution & July 2017 General Government Arrears According to the final State Budget Execution data for January – July 2017, the budget balance…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In line with market expectations, the ECB did not make any policy changes at yesterday’s monetary policy meeting. However, in the press conference…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â Risk-off sentiment prevailed in European trade on market talk that North Korea may be preparing for a further missile test. European equity markets…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity indices traded lower in early trade on Tuesday as risk appetite soured following news about a North Korea missile test.…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: According to local media, the heads of the institutions (EC/ECB/ESM/IMF) in Greece’s 3rd Economic Adjustment Programme are expected to come to Athens in mid-September…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major Asian technology stocks surged to 17-year highs on Wednesday following better-than-expected reported earnings from Apple. In FX markets, the DXY dollar index near yesterday’s…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity indices traded higher on Monday, shrugging off North Korea’s latest missile test late on Friday and the US response that followed on…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â The FOMC announced no change in its monetary policy stance at its 24-25 July meeting, with market focusing on the statement which contained…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets retreated from recent highs in European trade on Tuesday, USD extended its recent losses and US government bond yields remained in…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â Following the more dovish than expected tone of Fed Chair Janet Yellen at her semi-annual testimony this week, focus today is on US…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Focus today is on Fed Chair Janet Yellen’s semi-annual testimony before Congress starting at 14:30 CETthough any impact on markets will likely prove limited…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â US non-farm payrolls data for the month of June surprised positively with the headline rising by 222k, higher than 179k expected. The unemployment…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â Core government bond yields continued to move higher in reaction to the ECB account of the June 8th monetary policy meeting which revealed…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS:Â The FOMC minutes from the June 14th monetary policy meeting released yesterday did not trigger much of a market reaction as they revealed…