GLOBAL & REGIONAL DAILY (Tuesday January 4 2022)
GLOBAL & REGIONAL DAILY
January 4 2022
Positive risk sentiment prevails, keeping sovereign bond markets under pressure. In FX, the EUR/USD moved back below 1.13 as interest rate differentials remain a key driver for major exchange rates.
On Covid-19, Greece is seeing a big spur of infections with the 7-day average daily cases standing at 30,073 from 6,615 one week earlier, prompting the health experts committee to examine later today the possible imposition of new measures.
The Serbian economy concluded the outgone year on a positive footing. The FY2021 real GDP growth rate came in at 7.5% YoY, which once confirmed by the final print due in late February, will outperform the forecasts of local authorities and IFIs.
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