USDollar

GLOBAL & REGIONAL DAILY (Wednesday 29 July 2020)

GLOBAL & REGIONAL DAILY (Wednesday 29 July 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

July 29 2020

Global Markets

Major European equity markets were slightly firmer in early trade today, ahead of the conclusion of this week’s two-day FOMC monetary policy meeting later in the day. In FX markets, the USD remained under pressure, with the EUR/USD still standing above 1.17.

Greece

According to ELSTAT, the realized value of exports of goods for January-May 2020 was at €12.17 bn registering an annual...

https://www.allaboutshipping.co.uk/2020/07/29/global-regional-daily-wednesday-29-july-2020/

GLOBAL & REGIONAL DAILY (Thursday 11 June 2020)

GLOBAL & REGIONAL DAILY (Thursday 11 June 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

June 11 2020

Global Markets

The FOMC stayed put on interest rates at this week’s two-day monetary policy meeting, which concluded late yesterday, with Chair Jerome Powell making clear that a rate hike remains a distant prospect amid historically high uncertainty. In reaction to the overall dovish outcome, USTs gained sharply and the USD lost some ground.

Greece

Today’s Eurogroup will discuss among others, the 6th...

https://www.allaboutshipping.co.uk/2020/06/11/global-regional-daily-thursday-11-june-2020/

GLOBAL & REGIONAL DAILY (Monday, 25 May 2020)

GLOBAL & REGIONAL DAILY (Monday, 25 May 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

May 25, 2020

Global Markets

Focus this week is on the European Commission’s draft proposal on the new EU budget and the Recovery Fund, scheduled for Wednesday. Meanwhile, favored by rising US/China tensions, the USD retained a positive tone, with the EUR/USD hitting a multi-session low of 1.0870 earlier today.  US markets are closed today for Memorial Day.

Greece

Based on provisional data by the Bank of Greece, the...

https://www.allaboutshipping.co.uk/2020/05/25/global-regional-daily-monday-25-may-2020/

GLOBAL & REGIONAL DAILY (Monday 18, May 2020)

GLOBAL & REGIONAL DAILY (Monday 18, May 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

May 18, 2020

Global Markets

Market sentiment on risk assets was moderately positive in early trade today, on market optimism that the world economy is close to emerging from recession. In FX markets, the USD retained a positive tone, with the EUR/USD hovering close to the lower boundary of the 1.08-1.09 range ahead of Friday’s Eurozone PMIs for May.

Greece

According to the preliminary data released by the Ministry of...

https://www.allaboutshipping.co.uk/2020/05/18/global-regional-daily-monday-18-may-2020/

GLOBAL & REGIONAL DAILY (Wednesday, 18 September 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

September 18, 2019

Global Markets

Market focus is on the outcome of the FOMC’s two-day policy meeting, which concludes later today. Awaiting the FOMC’s verdict, USTs were firmer across the curve, while the EUR/USD was hovering slightly above the 1.10 handle.

Greece

In an effort to tackle tax evasion the government is reportedly contemplating increasing the required amount for the tax-free threshold. The 10-year GGB yield continues its downward path closing at...

http://www.allaboutshipping.co.uk/2019/09/18/global-regional-daily-wednesday-18-september-2019/

GLOBAL & REGIONAL DAILY (Wednesday, 7 August 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

August 7, 2019

Global markets

Wall Street rebounded overnight with S&P 500 closing +1.30% higher, following comments from President Trump’s economic advisor Larry Kudlow that the US administration is planning to host a Chinese delegation for trade negotiations in September. Nevertheless, market sentiment remains fragile with investors moving into safe haven assets. Gold surged to a six-year high of $1.491.31 per ounce in Asian trade on Wednesday, while US...

http://www.allaboutshipping.co.uk/2019/08/07/global-regional-daily-wednesday-7-august-2019/

GLOBAL & REGIONAL DAILY (Tuesday, 6 August 2019)

GLOBAL & REGIONAL DAILY (Tuesday, 6 August 2019)

 HIGHLIGHTS

August 6, 2019

Global markets

Following the negative performance on Wall Street overnight, with US equity indices recording their worst day of the year, Asian stocks extended recent losses on Tuesday after the US Treasury designated China as a “currency manipulator”. Following the PBOC’s move to set the yuan fixing at a firmer-than-expected 6.9683 (vs. market expectations for 6.9871), Asian equity markets pared some losses, while the...

http://www.allaboutshipping.co.uk/2019/08/06/global-regional-daily-tuesday-6-august-2019/

Global & Regional Daily (Monday, 5 August 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

August 5, 2019

Global markets

Asian equity indices suffered their steepest daily drop in 10 months on Monday morning, as concerns escalated about the U.S.-China trade war. Japan’s Nikkei index lost 1.74% of its value ending at 20,720.29 the lowest level since early June. The South Korean’s KOSPI index tumbled by 2.56% at 1946.98, to the lowest level since November 2016. Following US President Trump’s announcement that he will implement new tariffs of 10% on the...

http://www.allaboutshipping.co.uk/2019/08/05/global-regional-daily-monday-5-august-2019/

Daily Overview of Global Markets & the SEE Region (Wednesday, 31 July, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, 31 July, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:The majority of global equity markets traded in the red on Wednesday, following President Donald Trump’s complaints that China has not been “coming through” in terms of buying US agricultural products or making any progress towards a US/China trade deal, sparking investors’ worries regarding US-China trade negotiations that resumed earlier today in...

http://www.allaboutshipping.co.uk/2019/07/31/daily-overview-of-global-markets-the-see-region-wednesday-31-july-2019/

Sobel on unsound dollar intervention, OMFIF appoints new chief executive, and more

USA’s President Donald Trump

Sobel on unsound dollar intervention, OMFIF appoints new chief executive, and more

THE WEEKEND REVIEW 

Latest opinion and analysis from OMFIF around the world

5-19 July 2019, Vol.10 Ed.29

Most-Read Commentary

Trump’s unsound dollar intervention idea:Markets are abuzz with rumours President Donald Trump will order the US Treasury to intervene in foreign exchange markets to weaken the dollar. Intervention is presently unjustified by macroeconomic and market conditions. An...

http://www.allaboutshipping.co.uk/2019/07/20/sobel-on-unsound-dollar-intervention-omfif-appoints-new-chief-executive-and-more/

+ More