Darrell Delamaide on the Fed, David Marsh on the ECB, and more

Jerome Powell

Darrell Delamaide on the Fed, David Marsh on the ECB, and more

THE WEEKEND REVIEW 

Latest opinion and analysis from OMFIF around the world

8-12 July 2019, Vol.10 Ed.28

Most-Read Commentary
Market expectations test Fed mettle:All eyes will be on Fed Chair Jerome Powell this week when he gives his twice-yearly congressional testimony, writes Darrell Delamaide. Fed funds futures still show a 100% chance of a rate cut at the end of this month. The question is whether the Fed will have the...

http://www.allaboutshipping.co.uk/2019/07/13/darrell-delamaide-on-the-fed-david-marsh-on-the-ecb-and-more/

New Democracy, old challenges, History and outlook of covered bonds

Kyriakos Mitsotakis

New Democracy, old challenges, History and outlook of covered bonds

Commentary: New Democracy, old challenges

By Danae Kyriakopoulou in Athens

The victory of the centre-right New Democracy party and its leader Kyriakos Mitsotakis in Greece’s general election on Sunday 7 July is significant in the European and global context. ND’s victory on a pro-EU agenda signals that Greeks remain committed to the European project. Mitsotakis inherits an economy that is growing and bond yields...

http://www.allaboutshipping.co.uk/2019/07/11/new-democracy-old-challenges-history-and-outlook-of-covered-bonds/

Volatile Capes do it again

John Faraclas

Volatile Capes do it again

The volatile Capes fell 86 points earlier on today bringing the BDI (Baltic Dry Index) down to 1,725 points – down 15. Mitsotakis sworn in as Greece’s PM following a landslide victory. John Faraclas’ daily market brief:

The Capes’ BCI was down 86 points and now reads 3,260… let’s see if the drop was a daily one or shall we expect an avalanche…

The Panamaxes’ BPI was up 30 points at 1,695; not bad…

The Supras’ BSI clinched nine points and now stands at 829…

Six...

http://www.allaboutshipping.co.uk/2019/07/08/volatile-capes-do-it-again/

Mitsotakis topples Tsipras with an overwhelming majority

Kyriakos Mitsotakis speaks under the Parthenon

Mitsotakis topples Tsipras with an overwhelming majority

Kyriakos Mitsotakis topples Alexis Trsipras with an overwhelming majority; end of the story!

Centre-Right party Nea Demokratia headed by Kyriakos Mitsotakis  ridiculed the slogan “First time Left” of SYRIZA’s Alexis Tsipras who promised too much without the substance and the RWAD – Read, Willing, Able to Deliver policy. Promises makes debts and debts make promises. A few minutes before BST...

http://www.allaboutshipping.co.uk/2019/07/07/mitsotakis-topples-tsipras-with-an-overwhelming-majority/

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