.
GLOBAL & REGIONAL DAILY (Monday 18, May 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
May 18, 2020
Global Markets
Market sentiment on risk assets was moderately positive in early trade today, on market optimism that the world economy is close to emerging from recession. In FX markets, the USD retained a positive tone, with the EUR/USD hovering close to the lower boundary of the 1.08-1.09 range ahead of Friday’s Eurozone PMIs for May.
Greece
According to the preliminary data released by the Ministry of Finance, in Apr-20 the State Budget net revenues amounted to €3,007mn, €1,178mn below the monthly target. Meanwhile, the next phase of relaxation of restrictions starts today with the opening up, among others, of malls, museums and archaeological sites.
CESEE
Cyprus: According to the flash estimate, real GDP slowed sharply to -1.3% QoQ/0.8% YoY in Q1-2020 vs. 1.0% QoQ/3.2% YoY in Q4-2019.
Viewers can log herebelow and read the full report: GLOBAL REGIONAL DAILY May 18 2020
Find out more about our Economic Research and search for reports that may interest you
