Daily Overview of Global Markets & the SEE Region (Tuesday, September 27, 2016)

Banking, Company Profiles, European Union, Markets, News, Organisations, Person Profiles, Politics and Government, Reports, Statistics, Stock Markets — By on September 27, 2016 at 10:22 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: Press reports suggested that Democrat Hillary Clinton emerged as the winner in yesterday’s first televised debate looking more presidential than her rival Republican Donald Trump. In reaction to the above, the Mexican peso gained sharply across the board. On a trade-weighted basis, the USD was little changed compared to yesterday’s settlement but still 0.7% lower relative to levels recorded the day ahead of the announcement of the September 21st FOMC monetary policy outcome.  The second US presidential debate is scheduled for October 9th.

GREECE: In its Staff Concluding Statement of the 2016 Article IV Mission on Greece the IMF is reiterating its position for further debt relief in order to restore debt sustainability, a view that stumbles to the opposition of Germany, which insists on sticking to the May 9 Eurogroup agreement and requests that the IMF clarify the role it will assume in the third programme for Greece before the end of the year. With regard to the completion of the 15 prior actions for the release of the €2.8bn sub-tranche, a multi –bill containing the relevant legislative actions is scheduled for vote by the Hellenic Parliament today, while, according to press reports, another bill regarding the Hellenic Civil Aviation Authority (HCAA) is scheduled to be brought to Parliament by the end of the week.

Viewers can log herebelow and read the full report:

Daily Overview September 27 2016

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 5 + 10 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback