As of 2 May, the ECB had purchased EUR 733 billion of securities under its Public Sector Purchase Programme (PSPP). Theoretically, such large-scale asset purchases by the central bank could have either a positive or a negative effect on market liquidity. On the one hand, the willingness of the central bank to purchase assets reduces market risk for potential buyers – that is, the risk that they are unable to sell the assets later on when needed to obtain liquidity...Benoît Cœuré...ECB

Government bond markets in a changing environment

Keynote address by Benoît Cœuré, Member of the Executive Board of the ECB, at the Government Borrowers Forum,  Paris, 3 May 2016

Σταθεροποιητικό άνοιγμα αναμένεται για τις Ευρωπαϊκές αγορές... DAX

Σχόλιο Αγοράς..

Reuters

Οι Οικονομικοί spreadbetter IG αναμένουν ότι ο FTSE 100 της Βρετανίας θα ανοίξει σχεδόν επίπεδος, ο DAX της Γερμανίας θα ανοίξει 17 μονάδες υψηλότερα  ή 0,18%, και ο CAC 40 της Γαλλίας θα ανέβει  10 μονάδες, ή 0,23%, 

DAX futures

Τα futures του DAX... λίγο πριν το άνοιγμα των αγορών κινούνται με κέρδη 0,23% στις 10,122μ.. οριακά πάνω από το σημείο περιστροφής στις 10,068μ..

leading of electronic payments processor in the United States, announced today its expansion to Europe and creation of a new London-headquartered unit, BofA Merrill Lynch Merchant Services (Europe) Limited (BofAML Merchant Services)....

02/05/2016                                             Press Release

Bank of America Merchant Services Expands to Europe with Launch of BofA Merrill Lynch Merchant Services (Europe) Limited

                             

New European Unit in Conjunction With Bank of America Merrill Lynch Will Provide Global Clients Simplified Cross-Border Merchant Services

Η δέσμευση της Ελληνικής Κυβερνήσεως, στο πλαίσιο της πρώτης αξιολογήσεως του προγράμματος για την υιοθέτηση μηχανισμού λήψεως προληπτικών μέτρων περικοπής δαπανών (contingency plan) σε περίπτωση μη επιτεύξεως των δημοσιονομικών στόχων, δύναται να ενδυναμώσει την αξιοπιστία της χώρας στις διεθνείς αγορές....ALPHA BANK

Απόσπασμα από το Εβδομαδιαίο Δελτίο Οικονομικών Εξελίξεων -Διεύθυνση Οικονομικών Μελετών ...ALPHA BANK

Ελληνική Οικονομία

Euro area investors significantly stepped up their purchases of foreign debt securities from mid-2014 – when the ECB embarked on comprehensive credit easing measures – to levels not seen since the outbreak of the global financial crisis...ECB

2 May 2016                                 ECONOMIC BULLETIN

 Rebalancing in euro area portfolio investment flows

This box describes recent developments in the portfolio investment flows of the euro area financial account. During 2015 the euro area’s current account surplus was mainly mirrored by net portfolio investment outflows in the financial account of the balance of payments.

Several times in the past, the ECB faced the risk of inflation remaining high for too long in an environment of expansionary economic policies. Did we wait for other authorities to take measures before raising interest rates? No, and rightly so. Similar considerations apply to the current environment. At present, inflation in the euro area is around 0% and is expected to remain low for a considerable period of time...Benoît Cœuré....ECB

People are not only savers

Contribution from Benoît Cœuré, Member of the Executive Board of the ECB, for the Frankfurter Allgemeine Sonntagszeitung, 1 May 2016