Weekly Market Overview 8-12/03/2021
This week you can read about how the Greek, European, US and APAC markets fluctuated during the past week. In Greece, the General Index entered new 13-month highs fueled by corporate and banks’ developments. In European markets, stocks had their best week since November while the ECB signaled the asset purchase program (PEPP) extension keeping interest rates stable. In the S, President Biden signed a new $1.9 tn package with Dow Jones reaching new all-time high levels and unemployment hitting new lows -nevertheless overshadowed by the highest surge on the US 10Y Treasury in more than a year. On our stocks section you will find analysis of e.l.f Beauty Inc, and Coupang Inc. In the APAC Markets, Chinese markets produced weekly losses while Japan’s economic growth was revised lower. All eyes are now on BoJ the monetary policy meeting on March 18th-19th. On commodities, oil played the leading role reaching 2-year record highs.