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GLOBAL & REGIONAL DAILY (Monday 4, November 2019)

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GLOBAL & REGIONAL DAILY (Monday 4, November 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

November 4, 2019

Global Markets

Global equity markets started the week on a positive note, amid rising optimism over trade talks and better-than-expected US October payroll data. In FX markets, the EUR/USD moved sideways near 1.1160 in European trade, ahead of the first speech from new ECB President Christine Lagarde later today. PMI indices for the US, Europe and China are expected to lure market attention this week

Greece

On Friday, DBRS, a rating agency, kept the Greek sovereign’s rating unchanged at BB, three notches below investment grade but changed its respective outlook from stable to positive

CESEE

SERBIA: The EUR/RRD remained bound within a 117.50 -117.55 trading range in the past week

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