GLOBAL & REGIONAL DAILY (Friday 29 September 2023)

HIGHLIGHTS

September 29 2023                                                                                                                                                                                 

Global Markets

The bull steepening of the UST curve, after US Q2 personal consumption was revised downwards, contributed to the USD’s broad-based weakness, while investors’ appetite for some end-month profit taking may also had an impact. Against this backdrop, the EUR/USD rebounded slightly above 1.06 in early European trade ahead of today’s Eurozone preliminary September CPI release. 

Greece                                                                                                                                                                                                                           

According to ELSTAT’s 2022 Household Budget Survey, a statistic focused on household characteristics, behaviors, and living conditions, the average annual household expenditure in Greece was €19,204.08, an annual increase of 12.7%.

CESEE

While the economic sentiment indicator in the EU and the EA remains in a soft patch since January, regional sentiment appeared broadly mixed in September.

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