Weekly Report 5 - 11 April 2016

TURKEY

A more accommodative monetary policy stance in sight following the appointment of a new CBRT Governor

Customer deposits (FX-adjusted) gain momentum in Q1:16, underpinned by higher remuneration rates

Lending activity (FX-adjusted) slows in Q1:16, due to tighter credit conditions

 

ROMANIA

Headline inflation declines to a fresh low of -3.0% y-o-y in March, due to lower prices of food, fuel and tobacco

The NBR is expected to embark on a tightening cycle later in the year

The recently-adopted “Debt Settlement Law” (DSL) will likely hinder credit activity

 

BULGARIA

Unemployment rate falls for a 2nd consecutive year to 9.1% in 2015

Domestic demand to shift from private consumption to investment

 

SERBIA

External rebalancing continues in January to a 14-year low of 4.6% (12-month rolling basis), supported by favourable energy prices and buoyant exports

 

FYROM

Headline inflation returns to negative territory in March (-0.4% y-o-y), due to higher food and energy deflation

The Central Bank is set to to maintain its key rate on hold at 3.25% until the dissipation of domestic political uncertainty

 

ALBANIA

Significant fiscal consolidation in 2M:16, due to strong revenue performance

 

CYPRUS

Banking sector losses remain at manageable levels for a second consecutive year in FY:15

 

EGYPT

The hijacking of an Egypt Air flight in late March will deal another blow to the tourism industry, already reeling from the terrorist bombing of a Russian plane last October

Suez Canal receipts decline in the first 8 month of the fiscal year, due to currency valuation effects

 

APPENDIX: FINANCIAL MARKETS

Weekly Report 5 - 11 April 2016
Download
Close

Contact Us

We are always ready to respond to your requests for information or to answer your questions about our products and services.

Request more information

Please complete the following details so we can provide you the information you need. In case of fraud, please contact our call center directly at 210 484 8484.
Optional custom content that replaces the the entire default content.
back-to-top