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Home Banking GLOBAL & REGIONAL DAILY (Monday 15 January 2024)

GLOBAL & REGIONAL DAILY (Monday 15 January 2024)

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January 15 2024                                                                                                                                                                                 

Global Markets

US December PPI data came in weaker than expected, raising market expectations of a 25bps Fed rate cut by March close to 80%. The World Economic Forum starts today in Davos and US markets are closed for Martin Luther King Day.

Greece                                                                                                                                                                               HICP up by 4.2% in 2023 on the back of increasing food prices; import price index in strongly negative territory in Nov-23; new passenger car registrations post strong increase in 2023.


In line with market expectations, the central bank of Romania (NBR) decided to leave the Key Policy Rate (KPR) unchanged at 7% on Friday. Inflation in December remained on a downward trend in Romania, Hungary, and Serbia, sealing, thus, the continuing disinflation pattern in the broader region.

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