Archive for the ‘Banking’ Category

Mark Sobel on the Fed, Steve Hanke on Venezuela, and more

Mark Sobel on the Fed, Steve Hanke on Venezuela, and more
OMFIF update Week 7 2019 11-15 February 2019 Vol.10 Ed.7 COMMENTARY Italy headed for ‘vicious’ debt crisis After a brief recovery, Italy has succumbed to its third recession in a decade. Its government is unlikely to revive flagging investor confidence. Ahead of the European elections, it...
February 16th, 2019 | Banking, Finance, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 15, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 15, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Averting another government shutdown, the US President Donald Trump agreed to sign a spending bill yesterday that envisions around $1.4bn allocated for a fence and other forms of border security, much less than $5.7bn he originally...
February 15th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 14, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, February 14, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: According to data released earlier today, the German economy stalled in Q4 2018 with GDP growing by 0.0%QoQ compared to market consensus for 0.1%QoQ, narrowly avoiding a technical recession in H2 2018 after contracting by 0.2%QoQ in...
February 14th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, February 13 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, February 13 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Equity markets retained a positive tone earlier today on optimism that the US and China will strike a trade deal in the not too distant future. The tentative agreement between Republicans and Democrats on the US budget dispute late...
February 13th, 2019 | Banking, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Hamburg Commercial Bank driving optic fibre expansion in Spain forward

Hamburg Commercial Bank driving optic fibre expansion in Spain forward
Marcus Kleiner Hamburg/Kiel – Hamburg Commercial Bank is making available EUR 30 million in project finance to Spain’s leading private broadband network operator ADAMO as mandated lead arranger and structuring bank to drive a further expansion to 1.14 million household connections. The project is...
February 13th, 2019 | Banking, Communication | Read More

Sharp shift to Fed dovishness, Gender diversity in central banks

Sharp shift to Fed dovishness, Gender diversity in central banks
Commentary: Sharp shift to Fed dovishness By Mark Sobel in Washington The Federal Open Market Committee’s decision at the end of January to pause rate increases was long telegraphed and widely expected. But the highly dovish messaging in the Federal Reserve statement and press conference by Chair...
February 13th, 2019 | Banking, Comment, HR, Insight | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 12, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 12, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: According to a number of US media reports, Republicans and Democrats in the US have reached a tentative agreement on the US budget dispute aiming to avert another government shutdown due to start on Saturday. Meanwhile, White House...
February 12th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Venezuela’s death spiral, Germany and the UK after Brexit

Venezuela’s death spiral, Germany and the UK after Brexit
Nicolás Maduro Commentary: Venezuela’s death spiral By Steve Hanke in Baltimore Under President Nicolás Maduro, Venezuela has fallen ever further into an economic death spiral. Evidence of this comes from Venezuela’s inflation rate, which is running at 139,839% per year. At the same time...
February 12th, 2019 | Banking, Comment, Country Profiles, Finance | Read More

OMFIF – new speakers to discuss central bank gender diversity

OMFIF – new speakers to discuss central bank gender diversity
   OMFIF is pleased to announce two new speakers joining the panel to discuss the 2019 Gender Balance Index and how to encourage diversity in the traditionally male-dominated financial sector: Martin Taylor, member of the financial policy committee, Bank of England Caitlin Kraft-Buchman, founder...
February 11th, 2019 | Banking, Conferences, Seminars, Forums, HR | Read More

Daily Overview of Global Markets & the SEE Region (Monday, February 11, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 11, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: After a week-long break for the Lunar New Year holiday, Chinese shares made a strong start on Monday following better-than-expected retail sales. Meanwhile, European equity indices opened higher amid widespread optimism among investors...
February 11th, 2019 | Banking, Finance, Reports, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 8, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 8, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The majority of global equity markets traded in the red on Friday amid increasing worries that a trade deal between the US and China won’t be reached before the March deadline. The European Commission’s updated forecasts (2019 Winter...
February 8th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, February 7, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, February 7, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their lead from Wall Street overnight, Asian equity indices traded mixed on Thursday while European bourses opened lower. Germany’s December weak factory orders and industrial production data may have also had a negative impact...
February 7th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Powell pivots to patience, Roundtable with Hans Vijlbrief

Powell pivots to patience, Roundtable with Hans Vijlbrief
US Federal Reserve Chair Jerome Powell Commentary: Powell pivots to patience By Darrell Delamaide in Washington US Federal Reserve Chair Jerome Powell wanted to make sure everyone understood that the Fed has changed its stance and that patience is the new byword. Not gradual rises in interest rates,...
February 7th, 2019 | Banking, Comment, Finance | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, February 6, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, February 6, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Mirroring the positive tone in Wall Street overnight, most Asian equity indices traded higher on Wednesday (China’s markets closed amid holidays for the Lunar New Year), following President Donald Trump’s State of the Union address,...
February 6th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Central banks take on climate change, Hard currencies outlook – part one

Central banks take on climate change, Hard currencies outlook – part one
. Commentary: Central banks take on climate change By Danae Kyriakopoulou in Davos As 1,500 private jets flew into Davos to talk about climate change, the Central Banks’ and Supervisors’ Network for Greening the Financial System was holding its latest steering committee meeting in Mexico. The...
February 6th, 2019 | Associations, Banking, Climate, Comment, Environment, Finance, Markets, Reports, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, February 5, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, February 5, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their lead from Wall Street’s gains overnight, major European bourses opened higher in early trade today supported by major Central Banks’ dovish shift on the back of weaker global growth momentum, rising political risks...
February 5th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Election muddies India’s outlook, Rise of central bank gold demand

Election muddies India’s outlook, Rise of central bank gold demand
..  Commentary: Election muddies India’s outlook By Prakash Sakpal in Singapore Conditions are becoming murky in the lead up to India’s general election in May. Prime Minister Narendra Modi’s popularity is falling, and the losses of his BJP in state assembly and other by-elections...
February 5th, 2019 | Banking, Comment, Finance, News, Politics and Government | Read More

Meeting: Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia

Meeting: Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia
Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia City Lecture with Patrick Harker, President and CEO of the Federal Reserve Bank of Philadelphia Washington is sending mixed messages about the health of the  US economy. The Federal Reserve surprised markets in its policy...
February 4th, 2019 | Banking, Events, Conferences,Forums and Symposiums, Finance | Read More

Daily Overview of Global Markets & the SEE Region (Monday, February 4, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, February 4, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasuries were weaker in early European trade on Monday pressured by increased optimism for a resolution in the US/China trade dispute as well as a string of better-than-expected US data releases on Friday. Bunds followed suit while,...
February 4th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Desmond Lachman on US monetary policy, Danae Kyriakopoulou on Banxico independence and more

Desmond Lachman on US monetary policy, Danae Kyriakopoulou on Banxico independence and more
OMFIF Update  – Week 5 2019 28 January-1 February 2019 Vol.10 Ed.5 REPORT  The rise of central bank gold demand Since the 2008 financial crisis there has been renewed interest in gold’s unique characteristics as a safe haven asset that is nobody’s liability. This, combined with scepticism...
February 2nd, 2019 | Banking, Comment, Communication, Conferences, Seminars, Forums, Finance, Insight, Markets | Read More

The BDI@645; without frills…

The BDI@645; without frills…
John Faraclas The BDI (Baltic Dry Index) loss was a bit contained today, just 23 points but on a weekly basis the loss was a triple-digit one: 260 points from 905 of last Friday the 25th of January. Geopolitics still in disarray. John Faraclas’ daily and weekly recaps: The Capes’ BCI was down...
February 1st, 2019 | Academia, Banking, Chartering, Dry Bulkcarriers, Environment, Events, Insight, Markets, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 1, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, February 1, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European bourses were mixed in early trade on Friday while Asian equity ended almost flat this morning as renewed concerns about China’s growth prospects offset positive signs from US/China trade talks. According to US President Donald...
February 1st, 2019 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, January 31, 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, January 31, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In line with market expectations, the Fed kept the rate for the fud funds target rate unchanged at 2.25-2.50% at this week’s two-day policy meeting which concluded yesterday. However, the tone of the FOMC policy statement and the...
January 31st, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

PM must push Brexiteers against the wall, CCE and normalising monetary policy

PM must push Brexiteers against the wall, CCE and normalising monetary policy
United Kingdom’s PM Theresa May Commentary: PM must push Brexiteers against the wall By Joergen Oerstroem Moeller in Singapore Prime Minister Theresa May’s Brexit deal has been rejected – again – because she is not in control of her party. In the probable case of no meaningful concessions...
January 31st, 2019 | Banking, Comment, Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, January 30, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, January 30, 2019)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Investors adopted a cautious stance against risk assets earlier today ahead of Fed Chair Jerome Powell’s press conference that will follow the conclusion of the two-day monetary policy meeting. In addition, a new round of two-day...
January 30th, 2019 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More