Daily Overview of Global Markets & the SEE Region (Monday, 8 July, 2019)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Overall, the US’ June employment report which was released on Friday, suggests that although the pace of employment growth has slowed lately, it is still robust, but with no signs of major acceleration in wages, denting, thus, expectations for an aggressive 50bps Fed rate cut at the next policy meeting on July 30-31. Fed Funds futures are now assigning a...