Archive for the ‘Banking’ Category

Daily Overview of Global Markets & the SEE Region (Thursday, August 16, 2018)

HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The EUR rose to EUR/USD1.1381 at the time of writing from Wednesday’s close of 1.1343 and the dollar index slipped 0.2 percent to 96.554 after news that a Chinese delegation will travel to the United States for trade talks. GREECE: According...
August 16th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,727: Capes tumble; Geopolitics “await” the tsunami…

The BDI@1,727: Capes tumble; Geopolitics “await” the tsunami…
John Faraclas – picture by ecopack77 The BDI (Baltic Exchange Dry Index) clinched two points and now reads 1,727 amid an uncertain global political, economic and waring future. John Faraclas’ midweek briefing: The Capes’ BCI lost 27 points and now stands at 3,560 points… Good news for the...
August 15th, 2018 | Chartering, Dry Bulkcarriers, Finance, Markets, Military, News, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

Consequences of 2008, Assessing risks to global financial stability

Consequences of 2008, Assessing risks to global financial stability
Meghnad Desai Commentary: Consequences of 2008 By Meghnad Desai in Goa When the 2008 financial crisis came, few thought the ensuing recession would have such long-lasting consequences. But 10 years later, the fault lines previously hidden in the economic structure have become clear. Every trading regime...
August 15th, 2018 | Finance, Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, August 14, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, August 14, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity indices advanced on Tuesday, the US dollar retreated from its highest level in about 14 months while US Treasury yields edged higher, as the Turkish Lira was broadly stable overnight, though Chinese shares traded lower...
August 14th, 2018 | Banking, Finance, Markets, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, August 13, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, August 13, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets traded in the red on Monday as a plunge in the Turkish lira generated a sell-off in risky assets while boosting demand for safe haven currencies such as the Swiss franc, the yen and the US dollar. After losing...
August 13th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, August 10, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, August 10, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets pulled back on Friday as turmoil in major emerging markets (the plunging Turkish lira, Sino-US trade conflict as well as US sanctions on Russia for election meddling) continued to dampen sentiment. In FX markets,...
August 10th, 2018 | Banking, Finance, Markets, Reports, Sanctions, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, August 9, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, August 9, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Asian equity markets traded mixed on Thursday, with China’s tech shares leading the gains amid news for possible government support to further open the domestic technology sector to foreigners. In FX markets, the Russian ruble plunged...
August 9th, 2018 | Banking, Finance, Markets, Reports, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Monday, August 6, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, August 6, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of Asian equity indices traded in the red on Monday amid escalating US/China trade tensions. China proposed on Friday retaliatory new tariffs (from 5% to 25%) on $60bn worth of US imported goods. Trying to counterbalance...
August 6th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, August 3, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, August 3, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Shrugging off gains in Wall Street overnight on a technology-led rise, Asian equity indices traded mixed on Friday amid mounting trade war concerns. In response, the US dollar extended its overnight gains against a basket of major...
August 3rd, 2018 | Banking, Finance, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, August 2, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, August 2, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In line with market expectations, the Fed maintained the target range for the fed funds unchanged at 1.75-2.00% at its August meeting. The FOMC upgraded its view of economic growth since June, noting that “economic activity has been...
August 2nd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, August 1, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, August 1, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street closed in the red overnight for the third consecutive session as technology companies were further pressured, while Asian equity markets traded mixed on Tuesday after weaker-than-expected corporate profits announcements...
August 1st, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, July 31, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 31, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street closed in the red overnight for the third consecutive session as technology companies were further pressured, while Asian equity markets traded mixed on Tuesday after weaker-than-expected corporate profits announcements...
July 31st, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

The Greek Economy: 2018 Mid-Year Review

The Greek Economy: 2018 Mid-Year Review
Economy and Markets  – “ The Greek Economy: 2018 Mid-Year Review ” Eurobank’s Economic Analysis and Financial Markets Research published today the second issue of the Economic Bulletin Economy & Markets for the year 2018. The issue features a study titled “The Greek Economy: 2018...
July 30th, 2018 | Banking, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 30, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 30, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Mirroring Friday’s negative performance on Wall Street with the tech stocks underperforming on weaker-than-expected corporate reports, global equity markets traded in the red on Monday while major currencies consolidated around Friday’s levels...
July 30th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, July 27, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, July 27, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In line with market expectations following important policy decisions last month, the ECB monetary policy meeting yesterday proved to be a non-event for financial markets. At the post-meeting press conference, Mario Draghi reiterated...
July 27th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 26, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, July 26, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets were higher in early European trade on Thursday supported by easing worries over a full-blown global trade war after EU Commission President Jean-Claude Juncker and US President Donald Trump reached a “major...
July 26th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Stephenson Harwood team publishes fourth edition of leading shipping finance text

Stephenson Harwood team publishes fourth edition of leading shipping finance text
. Shipping finance experts from law firm Stephenson Harwood have published the fourth edition of the leading industry text, Shipping Finance: A Practical Handbook. Shipping Finance includes an analysis of ship mortgage terms and conditions, and mortgagee rights across the main maritime jurisdictions....
July 25th, 2018 | Books, Insight, Legal, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 25, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 25, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Core government bond yields retreated from Tuesday’s highs as market speculation that the BoJ will likely scale back its monetary stimulus at the next policy meeting on 30 July, faded. Furthermore, investors adopt a cautious tone...
July 25th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Diana Shipping announces the full repayment of the loan to Diana Containerships

Diana Shipping announces the full repayment of the loan to Diana Containerships
DIANA SHIPPING INC. ANNOUNCES THE FULL REPAYMENT OF THE LOAN TO DIANA CONTAINERSHIPS INC. ATHENS, GREECE, July 24, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July 23, 2018, it received...
July 24th, 2018 | Company Profiles, Containers, Dry Bulkcarriers, Finance, Markets, News, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, July 24, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 24, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global government bond yields remained in an upward trend in early European trade on Tuesday on reports suggesting that the BoJ will likely scale back its monetary stimulus at the next policy meeting on 30 July. Potential for fresh...
July 24th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, July 20, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, July 20, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: UK retail sales (in volume terms) surprised negatively in June falling 0.5%MoM after a 1.4%MoM increase in May, as temporary weather-related factors eased. In reaction to the above, the GBP came under renewed pressure hovering around...
July 20th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 19, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, July 19, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD retained a firm tone in European trade favored by Fed Chair Jerome Powell’s positive comments on the US growth outlook in his congressional testimony on Tuesday before the Senate Banking Committee and again on Wednesday before...
July 19th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 18, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 18, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: During his testimony before the Senate Banking Committee, Fed Chair Jerome Powell sounded optimistic on the US growth outlook and reiterated that the FOMC believes that “for now the best way forward is to keep gradually raising the...
July 18th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, July 17, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 17, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US retail sales rose by 0.5%mom in June mainly on the back of a 0.9%mom gain in motor vehicle sales, following an upwards revised increase of 1.3%mom in May, the largest since September 2017. Solid US June retail sales, together with...
July 17th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Liberia adopts law amendments in line with new ship finance environment

Liberia adopts law amendments in line with new ship finance environment
Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR) The Republic of Liberia has responded to the needs of shipowners and the ship financing and legal community by amending Liberian maritime law to allow lease financing structures to be recorded as mortgages. As a result,...
July 16th, 2018 | Banking, Flags, News, Shipfinance | Read More