Daily Overview of Global Markets & the SEE Region (Monday, December 28, 2015)

Banking, Company Profiles, Finance, Person Profiles, Reports, Statistics, Stock Markets — By on December 28, 2015 at 11:43 AM
Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Most Asian and European stock markets kicked off the last week of the year on a negative footing in thin trade volumes ahead of year end. Downbeat industrial production data for November from China also weighed on investor sentiment. In FX markets, the US dollar was little changed against most major currency peers, though recovered some ground against the Japanese yen following downbeat macroeconomic data from Japan. This week’s data and events calendar is reasonably light in the run-up to New Year.

SOUTH EASTERN EUROPE

CESEE MARKETS: Emerging stock markets moved broadly lower in European trade on Monday, trimming part of their recent losses amid mounting concerns over China’s growth prospects. A renewed drop in commodity prices earlier today also weighed on related equity. Separately, most CESEE currencies were firmer and government bonds were mixed earlier on Monday with trade volumes remaining particularly thin ahead of year-end. Looking into this week’s calendar, industrial production, trade balance and retail sales for November in Serbia lure investor attention on Wednesday. On the same day, Bulgaria releases budget data for November, while on Thursday Poland’s preliminary CPI data for December is also worth watching.

Viewers can log herebelow and read the full report:

Daily Overview December 28 2015

Tags: , , , ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 6 + 6 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback