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GLOBAL & REGIONAL DAILY (Monday 18, November 2019)

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GLOBAL & REGIONAL DAILY (Monday 18, November 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

November 18, 2019

Global Markets

Risky assets kicked off the week on a positive tone amid renewed optimism for a US/China trade deal in the not too distant future. US Treasury and Bund yields were a tad higher on the day, while major currency pairs remained trapped within recent ranges.

Greece

In its latest report under 2019 Article IV Consultation released on 15 Nov., the IMF revised upwards its GDP annual growth projection from 2.2% to 2.3%. This slight acceleration of the growth prospects is attributed to fiscal loosening and higher private investment financed mostly by foreign capital inflows.

CESEE

Serbia: The EUR/RSD remained bound within a 117.35 -117.55 trading range in the past week.

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