GLOBAL & REGIONAL DAILY (Wednesday 8 September 2021)
GLOBAL & REGIONAL DAILY
September 8 2021
European sovereign bond yields continued to rise ahead of Thursday’s ECB policy meeting, while the majority of Asian bourses lost some ground, mirroring weakness in Wall Street overnight, amid worries that the US economy may start losing some momentum. The souring risk sentiment favored the USD.
ELSTAT announced yesterday the Q2-2021 real GDP growth reading (seasonally adjusted, provisional data), which stood at 16.2%YoY / 3.4%QoQ, while in H1-2021 real GDP grew by 6.3% compared to the corresponding period of 2020.
BULGARIA: According to the revised estimate, GDP on a seasonally adjusted basis expanded by 0.6% QoQ/9.9% YoY in Q2-2021.
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