Το ενδεχόμενο της ανοδικής αντίδρασης στο < τραπέζι > αν και εφόσον εξελιχθούν ομαλά τα πράγματα στο EWG .. Athens General Composit Index

Γενικός Δείκτης Τιμών Χ.Α.Α. - Athens General Composit Index

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Αναμφίβολα δεν είναι  θετικές οι χθεσινές εξελίξεις στην συνεδρίαση του Γερμανικού κοινοβουλίου όπου  δεν αποφασίστηκε η ψήφιση της εκταμίευσης της < δόσης > για την Ελληνική οικονομία .. καθόσον δεν είχαν ολοκληρωθεί τα προαπαιτούμενα του Eurogroup.. όμως σε εσωτερικό επίπεδο τα πράγματα  αν και  λίγο θολά  .. αυτή η εξέλιξη εν πολλοίς αποτυπώθηκε στην χθεσινή συνεδρίαση ... με τις απώλειες του τραπεζικού κλάδου ... και πλέον τα βλέμματα είναι στραμμένα στο σημερινό EWG ... όπου είναι πολύ πιθανών να αποφασιστεί η τελική εκπλήρωση των προαπαιτούμενων ... και συνεπώς το < πράσινο φως > ...

The fourth quarter of 2015 saw another sizeable contraction in international banking activity - The annual growth rate in the year to end-December 2015 sank to –3%, far below the average of 6% seen over the past 20 years... BIS

Publication - International banking and financial market developments - BIS Quarterly Review June 2016

Recent developments in the international banking market 

The fourth quarter of 2015 saw another sizeable contraction in international banking activity. Between end-September and end-December 2015, the cross-border claims of BIS reporting banks dropped by $651 billion after adjustment for exchange rate movements and methodological breaks (Graph 1, top panels).2 

From December 2014 to December 2015, employment increased in 308 of the 342 largest U.S. - BLS

Press Release - COUNTY EMPLOYMENT AND WAGES Fourth Quarter 2015

 From December 2014 to December 2015, employment increased in 308 of the 342 largest U.S. counties, the U.S. Bureau of Labor Statistics reported today. Williamson, Tenn., had the largest percentage increase with a gain of 6.8 percent over the year, above the national job growth rate of 1.9 percent. 

The World Bank is downgrading its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows....

News Release  -  Global Growth Forecast Again Revised Lower to 2.4%

                     

There are markedly different prospects for commodity exporters and importers. China is forecast to grow at 6.7% after 6.9% last year. India’s robust economic expansion is expected to hold steady at 7.6%, while Brazil and Russia are projected to remain in deeper recessions than forecast in January.

A survey among around 1,500 German banks last year shows that the low interest rate environment is placing a growing strain on German credit institutions’expected profitability. ..Research - Deutsche Bundesbank

Research  - The crux of the matter with deposits: low interest rates squeezing credit institutions’ margins

4th edition – June 2016 - by Christian Drescher, Benedikt Ruprecht, Mark Gründer, Michael Papageorgiou, Eugen Töws and Felix Brinkmann

The protracted low-interest-rate environment will, especially in the medium term, pose an enormous challenge for German credit institutions, since their business models depend to a large extent on net interest income. 

Developments in the international role of the euro in 2015 and early 2016 .. Publication - ECB

Publication - The international role of the euro

Developments in the international role of the euro in 2015 and early 2016 

The developments seen over this period took place in an environment of heightened uncertainty around global economic prospects and changing market expectations as to the path of monetary policy across major economies. The main drivers of international use of the euro were the additional unconventional monetary policy measures implemented by the ECB, the slowerthan-expected pace of normalisation of the Federal Reserve’s monetary policy, and concerns about developments in China and EMEs more generally.