GLOBAL & REGIONAL DAILY (Friday 10, January 2020)
GLOBAL & REGIONAL DAILY
January 10, 2020
Risk-on sentiment prevailed in early trade today as fears over a further immediate escalation in the Middle East seem to have eased. In FX markets, the JPY remained under pressure for the second consecutive session. Elsewhere, UST and Bund yields fell slightly on the day, remaining though close to recent highs. Data-wise, today’s focus is on the US non-farm payrolls survey for December.
According to ELSTAT, the total value of imports-arrivals in the period Jan-Nov2019 reached €51,051mn up by 2.4% compared to the same period of 2018 and the total value of exports-dispatches amounted to €30,902mn up by 0.1%YoY. Consequently, the deficit of the trade balance for the period Jan-Nov2019 rose to €20,148mn increasing by 6.2%YoY. Meanwhile, the average overall industrial production index for the period Jan-Nov2019 rose by 0.1%YoY.
Serbia: In the first meeting of 2020, the National Bank of Serbia (NBS) decided today to keep the policy rate unchanged at 2.25%.
Viewers can log herebelow and read the full report: GLOBAL REGIONAL DAILY January 10, 2020
Find out more about our Economic Research and search for reports that may interest you.