HIGHLIGHTS
October 7 2022
Global Markets
Ahead of today’s US non-farm payrolls report for September, UST yields moved higher and the DXY USD index strengthened further, after further hawkish comments by several FOMC officials pushed back recent market speculation that major CBs might soon pivot to a less hawkish stance.
Greece
Speaking at the conference “Greece After VI: National strategy and international spin”, the president of the Greek Tourism Confederation (SETE) Mr. Yiannis Retsos, stated that tourist revenues are expected to reach €18.9-€19.0 bn in 2022 from €10.5, €4.3 and €18.2 bn in 2021, 2020 and 2019 respectively.
CESEE
The National Bank of Serbia (NBS) raised yesterday the key policy interest rate by another 50bps bringing it to 4.0% amid continuing inflationary pressures.
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