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Add as a preferred source on GoogleThe Turkey government has decided to hike its minimum wage rate by 30% y/y in 2016. Therefore, inflation rate in the economy is expected to surge up in near future and thereby, TRY will be under pressure. "We expect infl…
The Turkey government has decided to hike its minimum wage rate by 30% y/y in 2016. Therefore, inflation rate in the economy is expected to surge up in near future and thereby, TRY will be under pressure.
"We expect inflation to accelerate to 7.7% in November and rise above 8.0% by the year-end, says Barclays in a research note to its client.
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…
