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GLOBAL & REGIONAL DAILY (Friday 17, January 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
January 17, 2020
Global Markets
Taking their lead from Wall Street’s positive performance overnight, European bourses moved higher in today’s early trade, following a string of positive US data releases yesterday and today’s encouraging GDP growth data from China. UST and German Bund yields rose across the board, while in FX markets, the JPY continued to face some selling pressure.
Greece
Based on the final data of the Bank of Greece, the balance of travel services for the period Jan-Sep 2019 posted a surplus of €14,095mn, up by 12.7% compared to the same period of 2018 due to the stronger increase in travel receipts (+€1,995mn) than in travel payments (+€407mn). On the political front, the government’s presidential nominee Aikaterini Sakellaropoulou, enjoys the support of 266 MPs and therefore, a second vote will not be needed.
CESEE
Cyprus: Cyprus tapped international financial markets with two new 10Y and 20Y-Eurobonds.
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