GLOBAL & REGIONAL DAILY (Thursday 9 May 2024)

HIGHLIGHTS

May 9 2024  

Global Markets

Sovereign bonds in the US and the Eurozone were weaker earlier today, though modestly, while UK gilts remained supported ahead of today’s BoE MPC policy meeting. Meanwhile, in the absence of pivotal macro data releases, major currency pairs continued to trade in recent narrow ranges.

Greece                                                                                                                                                                                                                           

Services production up by 12.0%YoY in the first two months of 2024 from 13.7%YoY in the same period of 2023 and 16.6%YoY in the Jan-Feb-22 period.

CESEE

March retail sales data point to different trends in domestic demand in Czechia and Hungary. Today the central of Poland convenes with no changes at sight. The torch passes tomorrow to the central bank of Serbia.

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