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GLOBAL & REGIONAL DAILY (Monday, 14 October 2019)

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GLOBAL & REGIONAL DAILY (Monday, 14 October 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

October 14, 2019

Global Markets

Asian bourses firmed in today’s session while USTs came under pressure following progress in US-China trade negotiations and positive developments regarding Brexit. US markets are closed today for Columbus Day.

Greece

Τhe repayment of the IMF will not involve the use of the cash buffer of €31.0bn, instead the PDMA intends to use funds from the recently issued GGBs.

CESEE

Turkey: The current account switched to a $1.0bn surplus in the first eight months of the year compared to a $31bn deficit in the same period last year.

Romania: The outgoing PM Viorica Dancila announced that the government can no longer endorse the second budget revision of 2019.

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