HIGHLIGHTS
March 29, 2024
Global Markets
Investors will be keeping an eye on the US PCE inflation release for February, which comes out later today, with markets quiet due to holidays in the US and much of Europe. Japan’s finance minister again signalled that the country would intervene if necessary to halt the yen’s weakening momentum.
Greece
Government survives no-confidence vote, moves forward to announce new minimum wage rates; bank credit rebounds in Feb-24, with deposits posting a small seasonal decline.
CESEE
In Cyprus, credit expansion continued in February for a third consecutive month, reaching an 18-month high pace. In Turkey, the goods trade balance improved significantly anew in February, but this time almost equally from higher exports and lower imports.
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