Home Banking Daily Overview of Global Markets & the SEE Region (Thursday, September 08, 2016)

Daily Overview of Global Markets & the SEE Region (Thursday, September 08, 2016)

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Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GREECE: According to the data published yesterday by the Greek Ministry of Finance, general government arrears to the private sector for July 2016 were at ca €5.53 bn from ca €5.91 bn at the end of June 2016, a decrease of € 0.38 bn or -6.4% on a monthly basis.

SOUTH EASTERN EUROPE

CESEE MARKETS: Emerging market assets extended earlier on Thursday a rally staged after disappointing US macroeconomic data prompted a scale back in expectations for a Fed rate hike in the imminent future. A further surge in global oil prices and better-than-expected trade data from China boosted further investor sentiment towards risky assets.

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Daily Overview September 8 2016

 

 

 

 

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