GLOBAL & REGIONAL DAILY (Friday, 4 October 2019)
October 4, 2019
Market sentiment on risk assets remains cautious ahead of today’s US employment report and mounting worries over the global growth outlook. Recent PMI and ISM data from the Eurozone and the US, respectively, disappointed, while the WTO cut its forecast for global trade growth from 2.6% to 1.2% in 2019 and from 3.0% to 2.7% in 2020.
According to press reports, the discussions between the Greek Government and the official creditors, in the context of the 4th Enhanced Surveillance review, continue, ahead of the submission of the 2020Draft Budget in Parliament (expected on October 7th 2019)
Serbia: An IMF mission will be in Belgrade by mid-October so as to discuss with authorities over public sector wages and pension increases.
CESEE: In the EU’s General Affairs Council of October 15, Members States are expected to discuss whether it is time for accession talks between the EU and Albania and North Macedonia to begin.
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