GLOBAL & REGIONAL DAILY
HIGHLIGHTS
March 18 2022
Global Markets
On geopolitical developments, as Russia-Ukraine peace talks have yet to bear fruit, oil prices rose y-day and continue advancing this morning, with Brent crude at USD108.08/bbl at the time of writing. The Bank of England decided y-day to raise rates by +25bps to 0.75%.
Greece
According to the ELSTAT Labour Force Survey, the seasonally adjusted unemployment rate in Jan-22 reached 12.8% lower than the downwards revised 16.2% in Jan-21 and unchanged compared to Dec-21.
CESEE
In Serbia, the Ministry of Finance held on Tuesday the third scheduled auction for EUR denominated bonds in 2022. More specifically, it sold EUR6.9 mn in 25-year T-bonds that carry an annual coupon of 2.3% and mature on March 18, 2047.
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