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GLOBAL & REGIONAL DAILY (Friday 25 June, 2021)

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GLOBAL & REGIONAL DAILY (Friday 25 June, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

June 25  2021

Global Markets

Risk-on sentiment prevailed in global equity markets earlier today, on news that US President Joe Biden and a bipartisan group of Senators reached an infrastructure deal. In FX markets, the GBP/USD retreated further below recent highs, after the tone from the BoE at this week’s policy meeting disappointed those who expected a rate hike in the not too distant future.

Greece

On Covid-19, new cases amounted to 489 yesterday, while the positivity rate stood at 1.3%. The bill for the auxiliary social security reform was presented yesterday in Parliament by the competent Deputy Minister Panos Tsakloglou.

CESEE

According to the latest edition of the EC’s annual European Innovation Scoreboard data released earlier in the week, Romania and Bulgaria rank lowest among EU member states in terms of performance of national innovation systems.

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