HIGHLIGHTS
May 1 2024
Global Markets
Awaiting the Fed’s verdict later today (2:00pm ET), Asian equity markets generally ended lower, and USTs were under pressure, in reaction to the higher-than-expected increase in the US Q1 Employment Cost Index. Meanwhile, the USD gained ground, as the upside inflation surprise led investors to dial back Fed rate easing expectations.
Greece Greece’s Q1-24 State Budget reports a small deficit but outperforms targets with a significant primary surplus with total revenue exceeded expectations while expenditures were below the forecast; inflation stands at 3.2% in Apr-24; retail trade turnover and volume significantly down on an annual basis as of Feb-24.
CESEE
Flash Q1 GDP growth estimates for Hungary and Czechia were released yesterday, stronger than the Q4 2023 prints. In Poland, CPI inflation accelerated in April for the first time in 13 months.
Viewers can log here below and read the full report:
Find out more about our Economic Research and search for reports that may interest you.
