GLOBAL & REGIONAL DAILY
HIGHLIGHTS
Global Markets
Hopes for a Ukraine-Russia peace deal drive equities upwards around the globe, while the EUR/USD rises to 1.1127 at the time of writing; 2yr10yr UST yield curve close to inverting at 4bps currently; flash HICP for Spain skyrockets to 9.8%YoY in March.
Greece
According to the Bank of Greece, deposits placed by the private sector stood at €177.5mn in February, decreasing by €260mn (or -0.2%MoM), while the annual growth rate decelerated to 8.7% from 9.3% in January.
CESEE
According to the Romanian Minister of Finance, Adrian Caciu, GDP growth might slow down to 3.8% in 2022 from 5.9% in 2021 recently announced by the state statistical office. In other news, DBRS left its baseline projection for GDP growth in Cyprus unchanged at 4.1% for 2022.
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