GLOBAL & REGIONAL DAILY
September 18, 2019
Market focus is on the outcome of the FOMC’s two-day policy meeting, which concludes later today. Awaiting the FOMC’s verdict, USTs were firmer across the curve, while the EUR/USD was hovering slightly above the 1.10 handle.
In an effort to tackle tax evasion the government is reportedly contemplating increasing the required amount for the tax-free threshold. The 10-year GGB yield continues its downward path closing at 1,499% yesterday and standing at 1.487% at the time of writing, a historic low.
Cyprus: Tourist arrivals increased +0.6% YoY in the first eight months of the year.
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