GLOBAL & REGIONAL DAILY (Wednesday 5 May, 2021)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
May 5 2021
Global Markets
Global equity markets were firmer earlier today, recovering part of y-day’s losses, after US Treasury Secretary Janet Yellen clarified that she is not predicting or recommending the Fed to raise interest rates. In FX markets, the EUR/USD is struggling to stay above 1.20, ahead of today’s US ISM services index and the ADP employment survey, both for April.
Greece
The Economic Sentiment Indicator (ESI) in Apr-21 increased for the third consecutive month reaching 97.9pts, however not yet recovering to its pre-pandemic levels. According to ELSTAT, the overall volume index in retail trade in Feb-21 decreased by 1.8%YoY.
CESEE
TURKEY: Inflation climbed further to 17.1% YoY in April up from 16.2% YoY in March.
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.
