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Home Banking GLOBAL & REGIONAL DAILY (Wednesday 12 July 2023)

GLOBAL & REGIONAL DAILY (Wednesday 12 July 2023)

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HIGHLIGHTS

July 12 2023

Global Markets

Amid expectations of a further deceleration in both US June headline and core CPI inflation, Asian equity markets ended mostly higher today. USTs were also firmer on the day, while in FX markets, the USD continued to lose ground against its major currency peers.

Greece

1 out of 10 people in Greece unable to afford a proper meal every second day; Greek government issues a 15-year bond of €3.5bn at a yield of 4.464%

CESEE

Signs of moderate strengthening in economic activity in Turkey during Q2-2023 from high frequency indicators, as industrial production was unchanged in May on an annual basis, after a 0.9%YoY fall in April, and unemployment fell to 9.5% against 10% a month ago, the lowest rate since April 2014.

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