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GLOBAL & REGIONAL DAILY (Friday 9 April, 2021)

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GLOBAL & REGIONAL DAILY (Friday 9 April, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

April 9 2021

Global Markets

In reaction to Fed Chair Jerome Powell’s comments y-day suggesting that the Central Bank is in no rush to remove policy accommodation, major US stock indices extended recent gains overnight.

Meanwhile, UST yields remained close to y-day’s fresh multi-session lows, keeping the USD under pressure.

Greece

According to press, hoteliers will likely re-open their businesses this year in three waves, the first one during the Orthodox Holy Week, the second in mid-May and the third in end-June. On the pandemic front, the partial easing of restrictions will continue next week with the re-opening of Lyceums.

CESEE

Bulgaria’s Prime Minister Boyko Borissov announced yesterday that he is giving up his seat in the next parliament, spurring modest optimism on the local markets.

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