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GLOBAL & REGIONAL DAILY (Monday, 8 November 2021)

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GLOBAL & REGIONAL DAILY (Monday, 8 November 2021)

GLOBAL & REGIONAL DAILY                                


November 8  2021

Global Markets

US non-farm payrolls for October surprised positively, providing further evidence that the economy is regaining momentum early in Q4.


According to the latest ELSTAT commercial transactions data, in the period Jan-Sep 2021 the deficit of the trade balance was €16,708mn (+21.1%YoY), while the corresponding deficit excluding oil products and ships increased by 17.0%YoY.


SERBIA: The EUR/RSD kept trading in the narrow range of 117.56/59 in the past week, with low liquidity, amid absence of any movements. The central government budget deficit reached RSD 93bn in January-September, lower by 74.5%YoY, due to higher revenues by 16.9%YoY and lower expenses by 9.1%YoY.

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