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Home Banking GLOBAL & REGIONAL DAILY (Wednesday 31 March, 2021)

GLOBAL & REGIONAL DAILY (Wednesday 31 March, 2021)

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GLOBAL & REGIONAL DAILY (Wednesday 31 March, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

March 31 2021

Global Markets

Market participants are eagerly awaiting today US President Joe Biden to unveil the first part of his new infrastructure plan, reportedly involving measures worth around $2.25bn. In FX markets, the USD remained broadly firm, with the dollar index (DXY) moving above 93 for the first time since mid-November 2020.

Greece

The Economic Sentiment Indicator (ESI) in March 2021 came in at 96.9, an 11-month high, rising by 5 units, which constitutes the sharpest increase since September 2015.

CESEE

CYPRUS: The IMF warned that the reversal of the foreclosure framework reform would obstruct ongoing NPL resolution and jeopardize financial stability.

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