Central Bank Watch
Central Bank of Turkey Keeps Existing Tight Stance
June 12, 2019
Turkish inflation has eased to a 9-month low of 18.7%, down from 19.1% in April and a peak of 25.2% last October. The economy is rotating away from overheated domestic demand and toward externally-driven growth, but these desired developments have not progressed far enough to persuade officials to take their foot off the monetary brakes […] More
New Overnight Developments Abroad - Daily Update
Investors in Cautious Mood
June 12, 2019
Trade war concerns continue to weigh on financial markets. Share prices fell 1.4% in Hong Kong where street riots escalated in protest of an extradition law. Equities also dropped 0.6% in China, 0.5% in India and Indonesia and 0.4% in Japan. European stock markets so far have lost 0.8% in Italy, 0.7% in the U.K. […] More
