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GLOBAL & REGIONAL DAILY (Monday 3 August, 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
August 3 2020
Global Markets
UST and Bund yields were higher on the day, but still not far from Friday’s fresh lows, as the Congress and the White House are still far from a deal on an additional fiscal package. In FX markets, the DXY index gained some ground, remaining though close to Friday’s 26-month lows, ahead of this week’s US manufacturing ISM (today) and nonfarm payrolls (Friday).
Greece
According to ELSTAT, the overall volume index in retail trade (i.e. turnover in retail trade at constant prices) in May 2020 registered a decrease of 5.8%YoY and an increase of 20.7%MoM.
CESEE
The Economic Sentiment Indicator (ESI) in July improved further for the majority of the countries in the region, still there is still substantial distance from the pre Covid-19 levels in March.
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