The CBRT held the one-week repo rate at 19% today, in line with the forecast of all but two of the 25 economists surveyed by Bloomberg. As long as rollover rates stay near unity, then Turkey will be able to weather the crisis, but a hard stop in fina...

The new CBT Governor, addressing question marks about a major monetary policy reversal, has alleviated market concerns with his remarks in recent weeks, signalling policy continuity along with the importance of and dedication to price stability. The ...

Overview: Ahead of what is expected to be reports confirming the surging US economy, the dollar remains on its back foot, unable to sustain even modest upticks. June WTI is in a roughly 50-cent range on either side of $63. Australia's employment repo...

Overview: US officials called for a pause in the J&J vaccine, and the company has delayed the rolled out in Europe. US bond market has absorbed the week's heavy coupon without stress, and around 1.63%, the US 10-year yield is a couple basis points lo...

Turkish current account deficit in February at US$2.6 bn showed a relative deterioration over the same month of 2020 mainly on the back of continuing narrowing of services surplus, while goods balance remained practically unchanged. However, expansio...

Israel's cyberattack against the Natanz nuclear facility in Iran, maritime attack against the Saviz vessel in the Red Sea, and airstrikes against Iranian-linked assets in Syria all point to a more intense phase of conflict with Iran that coincides wi...