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GLOBAL & REGIONAL DAILY (Thursday, August 12, 2021)

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GLOBAL & REGIONAL DAILY (Thursday, August 12, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

August 12, 2021

Global Markets

US equity markets reached new record highs intraday on Wednesday driven by the domestic inflation data report, which showed that prices growth moderated in July.

Greece

According to Eurostat data, inland consumption of solid fossil fuels (aka coal) in Greece decreased in 2020 to 13.8mn tonnes, down from 26.9mn tonnes in 2019 (-49%YoY).

CESEE

SERBIA: According to the Bloomberg survey results, economists unanimously expect NBS to maintain interest rates unchanged at 1% in the next MPC meeting later today. The FX reserves of the NBS stood at €14.6bn in July 2021 up by €488.5mn on a monthly basis.

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