BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 
ECB Rate Hike in Focus as Oil Tops $100 
Norway Core Inflation Rises to 3% in August 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
Gold Prices Fall as Hot U.S. Inflation Boosts Fed Rate Hike Bets 
Hormuz Vessel Traffic Drops to Single Digits 
UK Businesses Urge Government to Cut Electricity Levies 
Asian Tech Stocks Slide as AI Concerns and Rising Bond Yields Hit Chipmakers 
US Treasury Yields Near 5% as Oil Fuels Inflation Fears 
Dollar Rises as Fed Hike Bets Weigh on Asian Currencies 
UK Economy Grows 0.4% in July, Beating Forecasts 
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks 
Add as a preferred source on Google
Turkstat reported confidence indices for February, data showed headline economic sentiment declined sharply from 83.9 to 71.5, mainly on the weakness of consumer sentiment, but weakness was also evident in the services sector.
Declining confidence on deteriorating geo-political conditions around Turkey weighing on sentiment. The Turkish economy was enjoying good momentum during H2 2015, but the PMI has now dropped back to near 50, and Q1 growth prospects have turned dimmer because of uncertainty.
"We argue that CBT policy is likely to turn markedly dovish over the coming quarter. We see USD-TRY at 3.15 by mid-2016." said Commerzbank in a report to clients.
