Daily Overview of Global Markets & the SEE Region (23 September 2014)

Banking, Finance, Markets, News, Stock Markets — By on September 23, 2014 at 9:46 PM
Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

HIGHLIGHTS

SOUTH EASTERN EUROPE
SERBIA: EUR/RSD near a recent 2-week trough.

ROMANIA: The MoF sold RON 240mn in 10-year bonds, less than RON 400mn initially planned. The auction produced an average accepted yield of 4.36%, which came in broadly in line with market expectations.

CESEE MARKETS: Persisting concerns about the prospects of the Chinese economy and disappointing macroeconomic data from the US and the Eurozone, released yesterday, weighed down on emerging stock markets in early European trade on Tuesday.

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