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GLOBAL & REGIONAL DAILY (Tuesday 14, January 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
January 14, 2020
Global Markets
De-escalation in the Middle East crisis has shifted market focus to the expected signing of a Phase One US-China trade deal agreement tomorrow. In FX markets, the GBP remained under pressure amid growing speculation for a BoE rate cut in the foreseeable future.
Greece
According to ELSTAT, in Dec-19 the Consumer Price Index (CPI) increased by 0.8%YoY while in Dec-18 the corresponding change was 0.6%YoY. On a monthly basis, in Dec-19 the CPI increased by 0.7% while for the 12-month period from Jan-19 to Dec-19 the average CPI increased by 0.3%YoY. According to press, property auctions in 2019 increased 7%YoY reaching 18,421.
CESEE
Serbia: CPI inflation accelerated to 1.9% YoY in December from 1.5% YoY in November.
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