10 Feb 2015
Market overview on key events - KBC
FXStreet (Guatemala) - Analysts at KBC explained a number of headlines from the start of this week and overnight, sighting the US, EZ , Greece, Ukraine and China.
Key Quotes:
"European shares rebounded today on speculation and rumours that Greece might be able to reach a deal with its international creditors."
"In the US, equities opened higher too, despite weaker than expected small business confidence."
"Greek shares rebound sharply today, gaining broadly 7% on growing hopes that the government will reach a financing deal with its international creditors. The Greek 3yr yield rose to almost 22% this morning, but dropped significantly lower too, trading below 19% currently."
"Greece will proceed with the privatization of the country’s main port of Piraeus and backtrack on previous statements to freeze the deal, Finance Minister Varoufakis will tell his Eurozone counterparts tomorrow according of a senior government official."
"Ukrainian forces had broken through the enemy defences and went on the offensive along the coast outside Mariupol toward rebel‐held Novoazovsk as fighting intensified ahead of the planned talks between Russia, Ukraine and European officials."
"The People’s Bank of China said in its fourth quarter monetary policy report that it is ready to fight any downturn in the economy, but added that it would avoid any excessive credit stimulus that could stoke financial risks."
Key Quotes:
"European shares rebounded today on speculation and rumours that Greece might be able to reach a deal with its international creditors."
"In the US, equities opened higher too, despite weaker than expected small business confidence."
"Greek shares rebound sharply today, gaining broadly 7% on growing hopes that the government will reach a financing deal with its international creditors. The Greek 3yr yield rose to almost 22% this morning, but dropped significantly lower too, trading below 19% currently."
"Greece will proceed with the privatization of the country’s main port of Piraeus and backtrack on previous statements to freeze the deal, Finance Minister Varoufakis will tell his Eurozone counterparts tomorrow according of a senior government official."
"Ukrainian forces had broken through the enemy defences and went on the offensive along the coast outside Mariupol toward rebel‐held Novoazovsk as fighting intensified ahead of the planned talks between Russia, Ukraine and European officials."
"The People’s Bank of China said in its fourth quarter monetary policy report that it is ready to fight any downturn in the economy, but added that it would avoid any excessive credit stimulus that could stoke financial risks."