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GLOBAL & REGIONAL DAILY (Friday 8, November 2019)

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GLOBAL & REGIONAL DAILY (Friday 8, November 2019)



November 8, 2019

Global Markets

Conflicting comments by high-level officials have raised questions as to whether the US and China will agree to lift existing tariffs gradually.

In its Autumn 2019 Economic Forecast, the European Commission revised lower its 2019 and 2020 GDP growth forecasts for the Euro area  to 1.1% and 1.2%, respectively, from 1.2% and 1.5% previously.


According to the Autumn 2019 European Commission forecast published y-day, Greece’s real GDP is expected at 1.8%, 2.3% and 2.0% in 2019, 2020 and 2021 respectively.


Bulgaria: The European Commission (EC) revised upwards its 2019 GDP growth forecast to 3.6% in its Autumn Economic Forecast.

Serbia: The National Bank of Serbia (NBS) decided yesterday to cut the key policy rate by 25bps to 2.25%.

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