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GLOBAL & REGIONAL DAILY (Friday 6, December 2019)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
December 6, 2019
Global Markets
USTs and German Bunds remained under pressure on the overall positive take on the US/China trade talks. In FX markets, the GBP remained well-supported on new polls indicating that the Conservative Party will likely win a clear majority in the 12 December general election. Focus today is on the US’ non-farm payrolls report for November.
Greece
According to ELSTAT provisional data, in Q3-2019 s.a. GDP in volume terms rose by 0.6%QoQ and 2.3%YoY (against 1.3%QoQ and 2.8%YoY in Q2-2019). It should be noted that Q1-2019 and Q2-2019 s.a. GDP growth rates were upwards revised to 1.4%YoY (from 1.1%YoY) and 2.8%YoY (from 1.9%YoY) respectively.
CESEE
Bulgaria: GDP growth came in at 3.7% YoY in Q3, compared to 3.8% YoY and 3.9% YoY in Q2 and Q1 respectively.
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