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GLOBAL & REGIONAL DAILY (Friday 3, January 2020)
HIGHLIGHTS
January 3, 2020
Global Markets
Global equity markets weakened earlier today, US Treasuries and European government bond markets firmed while oil prices moved sharply higher on heightened geopolitical tensions. On the data front, focus today is on December’s ISM Manufacturing PMI in the US.
Greece
Greece’s PMI manufacturing index (source: IHS Markit) dropped slightly to 53.9 units in December 2019 from 54.1 units in November 2019.
CESEE
Bulgaria: The general government budget ended 2019 with a BGN 1,142.6mn deficit accounting for 1.0% of GDP, according to preliminary calculations by the Ministry of Finance.
Serbia: At the presentation of the Serbia 2025 programme, Ana Brnabic and President Aleksandar Vucic stated that Serbia will spend EUR 14bn over the next five years on investment projects.
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