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GLOBAL & REGIONAL DAILY (Thursday 18 June 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
June 18 2020
Global Markets
Investors retained a cautious stance on risk assets earlier today amid rising fears over a second wave of COVID-19 infections. Elsewhere, the USD remained well-supported and USTs firmed, favored by increased hopes of more stimulus and yesterday’s well-received 20-yr bond auction. Today, the BoE will publish its policy decision from the meeting that ended yesterday.
Greece
According to the European Commission’s report on the Impact of Demographic Change, the old-age dependency ratio in Greece in 2019, stood at 37.6%, among the worst in EU Member States.
CESEE
Bulgaria: The current account (CA) posted a EUR186.5mn surplus in April compared to a EUR249.7mn deficit in the same month of the previous year. The improvement in the CA balance in April was broadly driven by the shift of the trade balance into positive territory.
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