GLOBAL & REGIONAL DAILY (Tuesday 8 December, 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
December 8 2020
Global Markets
Global equities came under pressure and government bonds advanced, as pandemic anxiety outweighs hopes for more fiscal stimulus and vaccines. The USD advanced modestly, not far from Friday’s 2½-year low of 90.471, while the GBP rose on hopes of a meeting between UK PM Johnson and EC President Von der Leyen to salvage a Brexit trade deal.
Greece
According to ELSTAT, the total value of goods’ imports in Oct-20 reached €4,084mn, recording a drop of 16.9%YoY, while the total value of goods’ exports amounted to €2,679.5mn, lower by 7.9%YoY. On the pandemic front, patients in ICUs remain around 600, thus pressure on the health system persists.
CESEE
BULGARIA: PM Borissov pledged to lift lock-down measures on Dec 21 if the epidemiological situation continues to improve. President Radev rejected again any possibility of postponing the general elections, even if the epidemiological situation remains complicated.
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