GLOBAL & REGIONAL DAILY (Thursday, 26 September 2019)

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GLOBAL & REGIONAL DAILY (Thursday, 26 September 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

September 26, 2019

Global Markets

USTs were firmer on the day as the latest mixed signals from US President Donald Trump dented market optimism for an imminent resolution to the US/China trade dispute. In FX markets, the GBP was weaker amid prevailing uncertainty surrounding Brexit developments, while the EUR/USD remained under pressure.

Greece

According to the final State Budget Execution data for January – August 2019 the overall fiscal balance registered a deficit of €1.6bn, against a targeted deficit of €5.0 bn in the 2019 Budget.

CESEE

Cyprus: Retail trade expanded for a third consecutive month in July. The NPEs ratio inched up to 30.8% in April from 30.6% in March.

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