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GLOBAL & REGIONAL DAILY (Wednesday 29 July 2020)

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GLOBAL & REGIONAL DAILY (Wednesday 29 July 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

July 29 2020

Global Markets

Major European equity markets were slightly firmer in early trade today, ahead of the conclusion of this week’s two-day FOMC monetary policy meeting later in the day. In FX markets, the USD remained under pressure, with the EUR/USD still standing above 1.17.

Greece

According to ELSTAT, the realized value of exports of goods for January-May 2020 was at €12.17 bn registering an annual decrease of -13.5%

CESEE

Bulgaria: The competition regulator approved the state’s acquisition of 18.35% of FiBank’s share capital through the Bulgarian Development Bank (BDB). On the Covid-19 front, the government decided yesterday to extent the nationwide epidemic emergency status until August 31.

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