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GLOBAL & REGIONAL DAILY (Tuesday, 26, November 2019)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
November 26, 2019
Global Markets
Asian equity markets traded in the black on Tuesday, while the US dollar increased to a two-week high against the safe-haven Japanese yen on optimism that the US and China had reached a broad consensus over a “Phase One” trade deal. The next key date to watch regarding trade negotiations is December 15, when the U.S. has threatened to impose 15% tariffs on $160 billion imported Chinese goods.
Greece
The Hellenic Parliament voted yesterday the disconnection of the election of the President of the Republic from the parliamentary elections. This development is expected to contribute significantly to political stability in the country. The process for the early repayment of part of the outstanding IMF loans amounting to €2.7bn and carrying an interest of 4.91% was completed yesterday.
CESEE
BULGARIA: Credit activity expanded by 7.3% YoY in October compared to 7.1% YoY in September still close to 8.4% YoY at the end of 2018.
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