
HIGHLIGHTS
November 24 2023
Global Markets
In Europe, sovereign bond yields rose yesterday following hawkish comments by officials from central banks and the release of better-than-expected flash PMIs for November. In the US, UST yields opened higher after yesterday’s Thanksgiving holiday, ahead of today’s US flash PMI release for November.
Greece
According to Eurostat data published yesterday, Greece’s household final consumption expenditure in 2022 rose by 10.8% year-on-year and 4.2% compared to the pre-pandemic level of 2019, based on constant prices.
CESEE
In Turkey, the central bank delivered yesterday the sixth consecutive policy rate increase, by another 500bps, to 40%. The central bank forewarned for further key rate hikes ahead, albeit at a slower pace and for a short period of time.
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