GLOBAL & REGIONAL DAILY (Tuesday, August 10, 2021)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
August 10, 2021
Global Markets
US JOLTS data y-day surprised positively, supporting the view for an ongoing improvement in labor market conditions and fueling expectations that the Fed will start to taper QE later this year. In reaction, 10-yr UST yields rose, while the USD retained a firm tone, pushing the EUR/USD to a fresh four-month low of 1.1727 earlier today.
Greece
According to ELSTAT, the overall industrial production index (IPI) in June 2021 recorded an increase of 8.8%YoY, while the average overall IPI for the period from January to June 2021 recorded an increase of 9.6%YoY.
CESEE
CYPRUS: The general government deficit widened to -3.3% in 6M-2021 vs. -2.9% in 6M-2020 as a percentage of GDP.
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