Commentary
Add as a preferred source on GoogleQuotes from UniCredit Research: -We expect the CBRT to adopt a prudent stance next week and cut the one-week repo rate by a moderate 50bp to 7.25%. While this would probably cause another episode of political backlash, i…
Quotes from UniCredit Research:
-We expect the CBRT to adopt a prudent stance next week and cut the one-week repo rate by a moderate 50bp to 7.25%. While this would probably cause another episode of political backlash, it would help keep real interest rates marginally positive and facilitate renewed portfolio inflows into Turkey in the short-term. Ultimately, this should help curb TRY depreciation and allow the CBRT to avoid significantly depleting its already limited stock of net FX reserves.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
