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GLOBAL & REGIONAL DAILY (Monday 9, December 2019)
HIGHLIGHTS
December 9, 2019
Global Markets
Global equity markets kicked off the week on a positive tone supported by Friday’s stronger-than-expected US non-farm payrolls data. Meanwhile, US Treasuries opened higher on the day as uncertainty reigns in US/China trade talks following the recent rollercoaster news flow. In FX markets, the GBP remained well-supported on expectations of an outright majority for the Tory party in the UK general election on Thursday.
Greece
According to ELSTAT prov. data on commercial transactions, the deficit of the trade balance for the period Jan-Oct 2019 amounted to €18,496mn up by 5.9%YoY. The corresponding deficit excl. oil increased by 9.5%YoY and excl. oil and ships it rose by 7.8%YoY.
CESEE
Serbia: The EUR/RSD remained bound within a 117.51-117.56 trading range in the past week.
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