BIMCO’s SNOW: Europe’s economy retracted 4.8% in the fourth quarter of 2020 The European economy retracted 4.8% in the fourth quarter of 2020, as a rebound in COVID-19 cases put…
Eurozone
Shipping number of the week: Eurozone’s manufacturing PMI indicates drop to 92-month low in March As countries world-wide implement far-reaching measures in an attempt to contain the coronavirus (COVID-19), the…
Daily Overview of Global Markets & the SEE Region (Friday, 12 April, 2019)
Daily Overview of Global Markets & the SEE Region (Friday, 12 April, 2019) HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Investors retain a cautious stance ahead of the start of…
Daily Overview of Global Markets & the SEE Region (Friday, 22 March 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of European bourses opened higher on Friday but gave back all gains standing into negative territory at the time of writing…
Daily Overview of Global Markets & the SEE Region (Monday, February 18, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity indices made a strong start on the first day of this business week amid positive rhetoric on the US-China trade negotiations.…
Daily Overview of Global Markets & the SEE Region (Wednesday, December 12, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: According to press reports, UK Premier Theresa May is likely to face a leadership challenge later today. If she does lose —a simple…
Daily Overview of Global Markets & the SEE Region (Thursday, March 01, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major European bourses were weaker in early trade on Thursday as Fed Chair Jerome Powell’s modestly hawkish appearance before Congress on Tuesday continued to weigh on risk…
Daily Overview of Global Markets & the SEE Region (Monday, November 13, 2017)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Worries over the prospects of the US tax reform bill prevailed in European trade on Monday. Taking their cue from Wall Street’s losses on Friday,…
Daily Overview of Global Markets & the SEE Region (Tuesday, July 18, 2017)
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…
Daily Overview of Global Markets & the SEE Region (Tuesday, August 23, 2016)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street closed little changed overnight and the majority of Asian equity markets ended mixed earlier on Tuesday as energy-related shares declined in tandem with…
Daily Overview of Global Markets & the SEE Region (Monday, September 14, 2015)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street closed modestly higher on Friday as better-than-expected US producer prices upstaged the weaker US consumer sentiment index. Trailing mild gains in Wall Street on…
August euro area inflation surprised on the upside, but disinflation risks remain (31 August 2015)
August euro area inflation surprised on the upside, but disinflation risks remain According to the preliminary estimate published earlier today by Eurostat1 , Euro area headline HICP inflation was…
Daily Overview of Global Markets & the SEE Region (Thursday, August 6, 2015)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: According to local media, government officials appear optimistic that by 11 August a deal will be sealed regarding the new 3rd Bailout, which will then be ratified…
Resurrecting the Greek Economy: Great Expectations?
On Thursday the 9th of July, at a full house down at the spacious Astir Palace Westin Hotel in Vouliagmeni, The Economist and Hazlis & Rivas raised the bar with…
Volatile Shipping Markets and explosive geopolitics
Our twenty seventh weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015 and beyond, tonight Friday the 3rd of June 2015, with…
Markets loosing steam; geopolitics in tatters
Our twenty¬sixth weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015 and beyond, today Friday the 26th of June 2015, with John…
May Day …err Mayday for the Shipping Markets…
Our eighteenth weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015, tonight Friday the 1st of May 2015, with John Faraclas of AllAboutShipping…
World economic crisis still affects the shipping markets…CAUTION!
Our sixteenth weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015, tonight Friday the 17th of April 2015, with John Faraclas of AllAboutShipping…
Grounded shipping markets need a salvor*…
Our fifteenth weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015, tonight Friday the 10th of April 2015, with John Faraclas of…
Shipping Market’s downfall continues…with the BDI down at 588!
Our fourteenth weekly recapitulation of the shipping markets, their respective main indices and world geopolitics affecting same in 2015, tonight Thursday the 2nd of April 2015, with John Faraclas of…
Greece: Drachma Ante Portas…
Drachma Ante Portas. How it can be done. by Andreas Koutras Any decision, Euro or Drachma has its winners and losers. The way either solution is implemented would define the…
Did events in Ukraine force the change of Greek tactics?
Did events in Ukraine force the change of Greek tactics? by Dr. Andreas Koutras Many analysts justified the recent change of heart of the Greek government to Eurogroup’s ultimatum and…
Greece and Europe: for whom the bell (really*) tools…
Greece’s new government continues suspense… Following one more inconclusive Eurogroup meeting earlier on yesterday, it remains to be seen for whom really the bell tools. I guess Ernest Hemingway remind…
The Greek Rhetoric
The unfolding of the relations between the new Greek government and the EMU / the creditors is worrisome. With reference to possible developments some context could be helpful. John A. Economides*…
Unsustainable dry markets; …buoyant wet ones…
In our third weekly recapitulation of the markets and world geopolitics affecting same in 2015, tonight Friday the 16thof January, with John Faraclas of AllAboutShipping in London we stress the…