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GLOBAL & REGIONAL DAILY (Friday 25, October 2019)

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GLOBAL & REGIONAL DAILY (Friday 25, October 2019)

 GLOBAL & REGIONAL DAILY

HIGHLIGHTS

October 25, 2019

Global Markets

UK PM Boris Johnson announced yesterday that, if the EU grants a three-month Brexit extension, his government will submit a motion on Monday, 28 October for a general election on 12 December. The GBP came under some pressure, core government bonds were a tad higher early today while investors retained a cautious stance on risk assets.

Greece

In the World’s Bank Doing Business Rakings report, Greece ranked in the 79th position among 190 countries from 72nd in the previous year.

CESEE

The Central Bank of Turkey stepped into a 250bps interest rate cut yesterday, setting the 1 week repo interest rate at 14.00% from 16.50%. According to the Doing Business report conducted by the World Bank and released yesterday, most of the regional countries managed to improve their rankings.

 Viewers can log herebelow and read the full report: GLOBAL REGIONAL DAILY October 25 2019

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