Daily Overview of Global Markets & the SEE Region (Thursday, August 16, 2018)

Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets — By on August 16, 2018 at 11:56 AM

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: The EUR rose to EUR/USD1.1381 at the time of writing from Wednesday’s close of 1.1343 and the dollar index slipped 0.2 percent to 96.554 after news that a Chinese delegation will travel to the United States for trade talks.

GREECE: According to the Ministry of Finance preliminary data available for the execution of the State Budget on a modified cash basis, the State Budget balance for the period January – July 2018 presented a deficit of EUR1,563 million, against a target of a deficit of EUR2,608 million that has been incorporated for the same period of 2018 in the MTFS 2019-2022 explanatory report. The State Budget Primary Balance amounted to a surplus of EUR2,087 million, against the primary surplus target of EUR929 million.

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