GLOBAL & REGIONAL DAILY (Thursday 5, November 2019)
GLOBAL & REGIONAL DAILY
November 5, 2019
With trade talks remaining in the spotlight, major European bourses opened mixed and US index futures point to a firmer open on Wall Street. Amid optimism for a preliminary trade agreement in the near future, core government bonds continued to lose their allure, and in FX markets, the USD gained some ground especially against the so-called safe-haven currencies.
The PMI manufacturing index (source: IHS Markit) dropped marginally to a four-month low of 53.5 units in October 2019 from 53.6 units in September 2019.
Bulgaria: The blue chip index SOFIX dropped by -1.21% to 554.64 points in the past week, amid stronger than average volume of €1.6mn.
Cyprus: The general government balance switched to a surplus of 4.3% of GDP in Jan-Sep2019 vs. a 4.5% deficit in Jan-Sep2018.
Viewers can log herebelow and read the full report: GLOBAL REGIONAL DAILY November 05 2019
Find out more about our Economic Research and search for reports that may interest you.