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GLOBAL & REGIONAL DAILY (Thursday 9 July 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
July 9 2020
Global Markets
The USD was weaker across the board in early European trade today, dented by global equity markets’ improved performance as investors shift their focus from renewed restrictions in some countries to positive data releases from the world’s major economies. UK Chancellor Rishi Sunak announced an additional fiscal package of nearly 1% of GDP.
Greece
According to ELSTAT, in May 2020 the deficit of the trade balance stood at €1,162.1mn, reduced by 47.7%YoY, while for the 5-month period Jan-May 2020 the deficit of the trade balance stood at €7,453.9mn, lower by 21.4%YoY.
CESEE
Serbia: Following the Covid-19 resurgence in Serbia, President Aleksandar Vucic announced yesterday a lockdown over the weekend in Belgrade. The announcement fired massive demonstrations in the capital that forced the President to recall his decision.
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