Friday, June 17, 2016

Today’s decision to disburse €7.5 billion to Greece is a recognition of the Greek government’s commitment to carry out essential reforms ... Klaus Regling - ESM

Press Release -   Date: 17 June 2016  -  ESM Board of Directors approves €7.5 billion disbursement to Greece



Luxembourg – The Board of Directors of the European Stability Mechanism (ESM) today authorised the second tranche of €10.3 billion of ESM financial assistance to Greece. The Board also authorised the first disbursement of this second tranche of €7.5 billion to Greece. 

The EDIS timeline could be accompanied by various measures to reduce banking sector risks, such as faster reductions in NPLs, reducing national discretions in bank supervision, harmonizing insolvency regimes, and faster progress towards a Capital Markets Union... IMF

Press Release  -  Euro Area: Staff Concluding Statement of the 2016 Article IV Mission June 16, 2016


We hope to support Greece's adjustment program, not only in an advisory capacity but also with new financing, but for us to do that, again, in line with our rules, and this is something we've talked about many times here, our DSA would need to show that debt relief measures, that European partners are willing to commit to, are consistent with what we think is needed to ensure debt sustainability... IMF

NEWS Release  -  Transcript of a Press Briefing with Gerry Rice, Spokesman, IMF Communications Department  Washington DC     June 16, 2016

                            

MR. RICE: Well, good morning, everyone and welcome to this press briefing on behalf of the International Monetary Fund. I'm Gerry Rice of the Communications Department. As usual the briefing this morning will be embargoed until 10:30 a.m.; that is Washington time.

Positive opening is expected in the European markets .. after strong pressure being a possible technical type reaction ... DAX

Market comment ..

Reuters
The Economic spreadbetter IG expect the FTSE 100 of Britain will open around 50 points higher, or 0.80% the DAX of Germany will open 112 points higher, or 1.20%, and France's CAC 40 will rise 40 units, or 0.8%;

DAX 30

The DAX futures of ... shortly before the opening of markets are moving with profits of 0.80% at 9645 m .. again above the pivot point of 9,600 meters .. but remained below the Kumo cloud ichimoku .. the voltage still remains bearish ..

Wednesday, June 15, 2016

Monetary policy is therefore part of the solution and not part of the problem. By ensuring low interest rates, monetary policy is supporting and accelerating the recovery and with this, the return to a normalisation of inflation and subsequent normalisation of interest rates. This starts to be visible in the U.S. where interest rates have started to increase...Vítor Constâncio - ECB

News Release   -  The challenge of low real interest rates for monetary policy Lecture by Vítor Constâncio, Vice-President of the ECB, Macroeconomics Symposium at Utrecht School of Economics, 15 June 2016

Οι κυρίαρχοι της αγοράς .. οι αρκούδες .. θα πρέπει να λάβουν υπόψιν τους τα bullish σημάδια που εκδηλώνονται ... στον FTSE BANKS... ( ΔΤΡ ) .. Ν.2

Δείκτης Ελληνικών Τραπεζών .. FTSE BANKS  (  ΔΤΡ )

ΔΤΡ


Πράγματι ποιος σώφρων επενδυτής λαμβάνοντας γνώση ... τα όσα αναφέρονται σήμερα στην Έκθεση της Τράπεζας της Ελλάδος για τη Νομισματική Πολιτική 2015-2016 .. για τις δυσμενείς εγχώριες οικονομικές εξελίξεις, για την οικονομική ζημία που υπέστη ο Τραπεζικός κλάδος από τις μη εξυπηρετούμενες δανειακές συμβάσεις , την πρόβλεψη για ύφεση 0,3% για το 2016 .. και τα μηνύματα για τον κίνδυνο που διατρέχει η κοινωνική συνοχή ... θα μπορούσε να εμπιστευθεί και να ακολουθήσει το ανοδικό trend .. που κυοφορήθηκε από χθες και εκδηλώθηκε σήμερα .. τόσο στις διεθνής αγορές .. όσο και στην εγχώρια χρηματιστηριακή αγορά με προπομπό τον Τραπεζικό κλάδο ..