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GLOBAL & REGIONAL DAILY (Monday 20, January 2020)
HIGHLIGHTS
January 20, 2020
Global Markets
The USD retained a firm tone early today favored by a new string of positive US data releases on Friday. US markets are closed today for Martin Luther King Day.
Greece
According to ELSTAT prov. data, in Oct19, total building activity increased by 12.6%YoY reaching 1,840 building permits. Private building permits in particular amounted to 1,832, increasing by 13.6%YoY. In an interview, ESM Secretary General Nicola Giammarioli, stated among others that once the technical analysis of the long-term growth prospects and DSA interest rates has been completed, it is up to the Eurogroup to examine if there is scope for changing the fiscal targets.
CESEE
Serbia: The EUR/RSD remained bound within an 117.50/60-117.55/65 trading range in the past week.
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