.
GLOBAL & REGIONAL DAILY (Wednesday 18 November, 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
November 18 2020
Global Markets
Global equity markets were slightly weaker earlier today as encouraging vaccine news were offset by concerns about the logistics challenges of a Covid-19 vaccination effort. A lower-than-expected 0.3%MoM rise in October’s US retail sales further dampened risk sentiment. Core fixed income markets gained, while the USD remained under some pressure.
Greece
Funds of €2 billion (out of € 2.7 billion in total) from the EU SURE program were disbursed yesterday. The Ministry of Labor submitted to Parliament yesterday a bill that foresees the reduction of social security contributions as of 1 January 2021.
CESEE
CYPRUS: Tourist arrivals declined by 76.9% YoY down to 100,791 in October compared to 436,509 a year ago, bringing the year-to-October decline down by -83.4% YoY.
Viewers can log here below and read the full report:
GLOBAL REGIONAL DAILY November 18 2020
Find out more about our Economic Research and search for reports that may interest you.
