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GLOBAL & REGIONAL DAILY (Friday 29 January, 2021)

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GLOBAL & REGIONAL DAILY (Friday 29 January, 2021)

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GLOBAL & REGIONAL DAILY

HIGHLIGHTS

January 29 2021

Global Markets

The majority of Asian bourses ended lower today pressured by a liquidity squeeze in China, and European bourses followed suit earlier today amid prevailing concerns about a slow vaccine rollout and vaccine supply shortages in Europe. Risk-off sentiment favored the USD, while the JPY was the worst performing G10 currency.

Greece

In its latest report on the Greek economy, the Foundation of Economic and Industrial Research (FEIR) projected  2021 real GDP growth between 4.0%-4.3% in its baseline scenario. On the pandemic front, Covid19 new cases receded yesterday to 716, but elevated cases in the populous Attica region may lead to the tightening of protective measures.

CESEE

The Economic Sentiment Index (ESI) for January was mixed in the CESEE countries, following December’s improvement in most of the peers. According to the Corruption Perceptions Index (CPI) released yesterday by Transparency International for 2020, Bulgaria, Romania, Hungary and Croatia continue lagging behind in comparison to the EU.

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