Susannah Streeter, head of money...
GLOBAL & REGIONAL DAILY (Monday January 3 2022)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
January 3 2022
Global Markets
The oil market kicked off 2022 on a positive tone, while sovereign bond markets remained under pressure and the DXY index moved lower amid improved risk sentiment on the back of easing Omicron fears.
Greece
The retail trade volume index grew strongly in Oct-21 (2.8% MoM and 9.2% YoY). Moreover, the stock of private sector deposits maintained its upward...
https://allaboutshipping.co.uk/2022/01/03/global-regional-daily-monday-january-3-2022/
Central banks have everything they need to stop inflation acceleration
Thursday 2 December 2021 Vol.12 Ed.48.4
Commentary: ECB should keep eyes on inflation prize
By Agnès Belaisch and Matteo Cominetta
Should central banks tighten early to combat inflation at the risk of triggering a serious slowdown, or risk higher inflation while propelling growth? This trade-off is easy to face for the European Central Bank. Excluding energy, all components of the euro area inflation basket have grown in line...
Memo to Chancellor Scholz: ‘Sustainable investment not real estate’, COP26 must prompt action on net zero commitments, and more
THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world
22-26 November 2021, Vol.12 Ed.47
Most-Read Commentary
Memo to Chancellor Scholz: ‘Sustainable investment not real estate’: A timely warning to the new German government on promoting productive rather than speculative investments has been sounded by a wide-ranging report from McKinsey Global...
Scholz is banking on Europe and Draghi, Digital euro as a complement to cash
Wednesday 20 October 2021 – Vol.12 Ed.42.3
Commentary: Italy and France advance in German agenda
By David Marsh in London
Italy and France look set to top Germany’s European policy agenda if, as expected, Finance Minister Olaf Scholz heads a new Berlin government. There were few hints of concrete European initiatives in the three-party document published on 15 October as a prelude to formal coalition talks between Scholz’s...
How to strengthen European banking and rise of the digital euro
Monday 6 September 2021 – Vol.12 Ed.36.1
Commentary: Three ways to fix European banking union
By Ignazio Angeloni in Frankfurt
The anticipated acquisition of Italian bank Monte dei Paschi di Siena by Unicredit is only the latest sign that the advent of the European banking union has not prevented massive waste of taxpayer money, nor guaranteed that unviable banks would exit the market. As the 10th anniversary of the banking union...
New Publication* Greece and the Euro: From Crisis to Recovery
The eight-year adjustment program followed by Greece in the aftermath of the 2010 crisis was concluded in the summer of 2018. The program was associated with the deepest and longest recession in Greece’s post war history.
While the Greek economy appeared to be on a path to a partial recovery after 2017, in 2020 it was hit by another major negative shock, that of Covid-19, which has caused a further deep international recession.
| Thi... |
European integration critical issue as ECB prepares its strategy review
Wednesday 7 July 2021 – Vol.12 Ed.27.3
Commentary: Political elite is bending European law
By Thomas Mayer in Frankfurt
While the project of European integration has created peace and prosperity, French ambitions to leadership in Europe through a monetary union have demanded political centralisation. But the pressure to centralise elementary areas of national sovereignty stands in opposition to a framework created on the...
GLOBAL & REGIONAL DAILY (Monday 17 May, 2021)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
May 17 2021
Global Markets
US 10-yr yields dropped to the levels where they were last week just before the release of the firmer than expected April’s inflation data. In FX markets, the DXY index continues to struggle close to the 90 key support level, allowing the EUR/USD to revisit levels slightly above 1.21 ahead of Friday’s EA flash PMIs for May.
Greece
The labour market reform draft bill that has been submitted for...
https://allaboutshipping.co.uk/2021/05/17/global-regional-daily-monday-17-may-2021/
We are living on expensive climate credit, Euro area recovery and ECB response
Friday 26 March 2021 – Vol.12 Ed.12.5
Commentary: We are living on expensive climate credit
By John Adams in London
The past few years have made plain the need for global action on climate change. Bill Gates, co-founder of Microsoft, and Michael E Mann, climatologist and geophysicist, have both written books on this important topic in the last few months. While Gates prioritises reducing the green premium, Mann explores...