HIGHLIGHTS
May 25 2023
Global Markets
Risk-off sentiment prevailed amid mounting concerns over a timely debt ceiling resolution and a hawkish shift in BoE rate tightening expectations. Against this backdrop, the USD extended recent gains, even though Fitch put US rating on negative watch.
Greece
Yesterday the European Commission (EC) published the second post-programme surveillance report on Greece. The EC acknowledges the progress made in the areas of growth, fiscal adjustment and financial stability.
CESEE
In Poland, after the GDP annual growth stagnation in Q1 2023, against a 0.6%YoY increase in Q4 2022, incoming data about economic activity in April point to a further weakening in early Q2 2023.
Viewers can log here below and read the full report:
