Eurobank Ergasias S.A

GLOBAL & REGIONAL DAILY (Monday, April 18, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

April 18 2022

Global Markets

Oil prices are on the rise today as the unabated conflict between Ukraine and Russia increases the prospect of further sanctions on Russia by Western countries; the yen continues its downward movement today hitting a fresh two-decade low of 126.78 against the dollar.

Greece

According to ELSTAT, for the enterprises of the economy as a whole, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis,...

https://allaboutshipping.co.uk/2022/04/18/global-regional-daily-monday-april-18-2022/

GLOBAL & REGIONAL DAILY (Friday, April 15, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

April 15 2022

Global Markets

According to the ECB Governing Council, net asset purchase under the APP will be concluded in Q3-2022, with the exact timing to be determined at the next monetary policy meeting. The decision on interest rate hikes will be made some time after the completion of net asset purchases.

Greece

According to the Bank of Greece final data, the Monetary Policy Committee (MPC) posted a surplus of €9,390.2mn compared to a surplus of €3,525.9mn in...

https://allaboutshipping.co.uk/2022/04/15/global-regional-daily-friday-april-15-2022/

GLOBAL & REGIONAL DAILY (Friday, April 8, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

April 8 2022

Global Markets

US Treasuries remained under pressure, while the USD retained a positive tone amid expectations for more aggressive rate moves from the Fed over the rest of the year to curb high inflation.

Greece

In the Governor’s Annual Report 2021, published y-day, the BoG expects in the baseline scenario a GDP growth of 3.8% for 2022, compared to a 4.8% growth previously, while the adverse scenario foresees a 2.8% growth.

CESEE

In Cyprus, headline...

https://allaboutshipping.co.uk/2022/04/08/global-regional-daily-friday-april-8-2022/

GLOBAL & REGIONAL DAILY (Friday, April 1, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

April 1 2022

Global Markets

Amid further potential energy supply disruptions, the IEA and the US are considering increasing oil supplies; 2yr10yr UST yield curve at c. 1.2bps at the time of writing; focus today turns to US March unemployment rate and nonfarm payrolls and Euro area March flash HICP.

Greece

According to ELSTAT, the overall industrial producer price index (PPI) increased by 4.9%MoM/33.6%YoY in February, climbing to a new record high. This hike was...

https://allaboutshipping.co.uk/2022/04/01/global-regional-daily-friday-april-1-2022/

GLOBAL & REGIONAL DAILY (Wednesday, March 30, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

Global Markets

Hopes for a Ukraine-Russia peace deal drive equities upwards around the globe, while the EUR/USD rises to 1.1127 at the time of writing; 2yr10yr UST yield curve close to inverting at 4bps currently; flash HICP for Spain skyrockets to 9.8%YoY in March.

Greece

According to the Bank of Greece, deposits placed by the private sector stood at €177.5mn in February, decreasing by €260mn (or -0.2%MoM), while the annual growth rate decelerated to 8.7% from...

https://allaboutshipping.co.uk/2022/03/30/global-regional-daily-wednesday-march-30-2022/

GLOBAL & REGIONAL DAILY (Monday, March 28, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

March 28 2022

Global Markets

On geopolitics, a new round of peace talks between Ukraine and Russia is set to take place this week in Turkey; worries on lower fuel demand due to lockdowns in Shanghai drive oil prices lower.

Greece

Reduced VAT for restaurant and transportation services likely to be extended until end-2022; travel receipts post robust increase in Jan-22; construction material costs hit record high in Feb-22.

CESEE

Governments in the region increase wages...

https://allaboutshipping.co.uk/2022/03/28/global-regional-daily-monday-march-28-2022/

GLOBAL & REGIONAL DAILY (Thursday, March 24, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

March 24 2022

Global Markets

On geopolitical developments, interest today turns to the back-to-back three summits of NATO, G7 and the EU in Brussels, with attention focusing on energy restrictions. Oil prices are rising further today, with Brent futures trading above USD122/bbl at the time of writing.

Greece

According to the Bank of Greece, in January 2002 the current account deficit widened on an annual basis by €1,563mn standing at €1,995mn, mainly due to a...

https://allaboutshipping.co.uk/2022/03/24/global-regional-daily-thursday-march-24-2022/

GLOBAL & REGIONAL DAILY (Friday, March 18, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

March 18 2022

Global Markets

On geopolitical developments, as Russia-Ukraine peace talks have yet to bear fruit, oil prices rose y-day and continue advancing this morning, with Brent crude at USD108.08/bbl at the time of writing. The Bank of England decided y-day to raise rates by +25bps to 0.75%.

Greece

According to the ELSTAT Labour Force Survey, the seasonally adjusted unemployment rate in Jan-22 reached 12.8% lower than the downwards revised 16.2% in Jan-21 and...

https://allaboutshipping.co.uk/2022/03/18/global-regional-daily-friday-march-18-2022/

GLOBAL & REGIONAL DAILY (Monday, March 14, 2022)

GLOBAL & REGIONAL DAILY (Monday, March 14, 2022)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

March 14 2022

Global Markets

Glimmers of hope on some progress in Russia-Ukraine peace talks boost risk-on sentiment and oil loses some of its gains, while the more hawkish than expected ECB policy stance gives rise to higher sovereign bond yields. Focus this week turns to the FOMC meeting on Wednesday and Thursday.

Greece

According to ELSTAT provisional data on commercial transactions, the deficit of the trade balance...

https://allaboutshipping.co.uk/2022/03/14/global-regional-daily-monday-march-14-2022/

GLOBAL & REGIONAL MONTHLY (Thursday, 03 March 2022)

GLOBAL & REGIONAL MONTHLY (Thursday, 03 March 2022)

Although it is too early to assess the impact from the geopolitical tensions over Ukraine as the situation is very uncertain and still evolving, the global economy will be affected through a number of channels, primarily energy, via higher oil and gas prices. With respect to global monetary policy, investors appear to tilt to the view that, although high and potentially entrenched inflation is a factor of concern, downside risks to growth and...

https://allaboutshipping.co.uk/2022/03/03/global-regional-monthly-thursday-03-march-2022/

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