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Turkish rates under pressure from record low lira

For some of Turkish President Tay.....»»

Category: videoSource: reutersJan 10th, 2017

Germany, China lift world stocks, Spanish worries simmer

LONDON (Reuters) - World shares rose on Monday, with Chinese stocks hitting 21-month highs and the German index setting a new record, while political uncertainty triggered big moves in sterling, the Turkish lira and Spanish debt......»»

Category: topSource: reutersOct 9th, 2017

Germany, China lift world stocks, Spanish worries ease

LONDON (Reuters) - World shares rose on Monday, with Chinese stocks hitting 21-month highs and Germany a record, while political uncertainty triggered big moves in sterling, the Turkish lira and Spanish debt......»»

Category: topSource: reutersOct 9th, 2017

No Turkish Delight

Turkish lira was sitting close to record lows against the dollar as Ankara and Washington each cancelled visa services for the other in a deepening diplomatic row. The greenback also soared more than six percent to 3.8533 lira at one point before ea.....»»

Category: topSource: marketpulseOct 9th, 2017

Stocks fall at the open on fears rising inflation will pressure Fed to hike rates

U.S. equities opened lower on Thursday, slipping from record highs, after strong inflation data raised the possibility of tighter monetary policy from the Federal Reserve......»»

Category: topSource: moneycentralSep 14th, 2017

Stocks fall at the open on fears rising inflation will pressure Fed to hike rates

U.S. equities opened lower on Thursday, slipping from record highs, after strong inflation data raised the possibility of tighter monetary policy from the Federal Reserve......»»

Category: topSource: moneycentralSep 14th, 2017

Currencies: Dollar remains under pressure; pound slides as BOE strikes dovish note

The U.S. dollar remain under pressure against most major peers on Thursday except for the U.K. pound which fell after the Bank of England kept interest rates at a record low......»»

Category: topSource: marketwatchAug 3rd, 2017

CPI inflation falls to record levels, IIP at 3-month low: Will RBI cut rates?

Pressure mounts on central bank to cut rates; food deflation persists amid farmer distress.....»»

Category: topSource: business-standardJul 13th, 2017

CPI inflation falls to record levels, IIP at three-month low

Pressure mounts on central bank to cut rates; food deflation persists amid farmer distress.....»»

Category: topSource: business-standardJul 12th, 2017

How will Erdogan"s victory impact the economy?

The tight outcome of the referendum vote will likely keep pressure on the Turkish lira and the economy. CNNMoney's John Defterios examines the impact on a country that has been economically hit due to political uncertainty and terror attacks......»»

Category: videoSource: cnnApr 17th, 2017

ECB holds rates at record lows as inflation rises

Central bank reaffirms quantitative easing programme despite pressure from hawks.....»»

Category: worldSource: ftMar 9th, 2017

Turkey Faces Double-Digit Inflation Due To Crashing Lira, As Budget Deficit Hits Record

Turkey's biggest headache, its crashing currency which the central banks appears unable to contain due to an Erdogan order not to hike rates, could soon translate into another major problem. According to two senior econom.....»»

Category: blogSource: zerohedgeJan 16th, 2017

Turkish Central Bank Fails to Stop Currency"s Slide

The Turkish central bank failed to stop the lira’s free fall with its limited step to boost liquidity in financial markets, amid political pressure to keep interest rates low......»»

Category: topSource: wsjJan 10th, 2017

Turkish Central Bank Intervenes To Halt Record Plunge In Lira

It was another bad day for the Turkish lira, which after plunging 5.8% in the first da.....»»

Category: blogSource: zerohedgeJan 10th, 2017

Turkish Lira Plunges Over 2% To New Record Low, Yields Rise On Moody"s Warning

The collapse in the Turkish Lira, which has been relentles.....»»

Category: blogSource: zerohedgeJan 9th, 2017

Should Turkey Be Raising Interest Rates?

It’s only the second trading day in 2017, and Turkish assets are already having a bad year. The lira sank the most among the world’s major currencies to an all-time .....»»

Category: topSource: marketpulseJan 4th, 2017

Turkish lira at record low amid higher inflation

Sliding currency is fanning rising consumer prices as economy contracts.....»»

Category: marketSource: ftJan 3rd, 2017

Turkish Lira Hits Another Record Low

Turkish Lira Hits Another Record Low.....»»

Category: topSource: seekingalphaJan 3rd, 2017

Erdogan Demands Turks Exchange Their Dollars To Gold, Lira

Early this morning, in yet another session of panicked selling, the Turkish Lira crashed to new record lows to just shy of USDTRY 3.60, momentarily going bidless as the currency plunged nearly 400 pips in seconds, after Turkish President Recep Erdogan sai.....»»

Category: blogSource: zerohedgeDec 2nd, 2016

Turkish Central Bank Raises Rates by 50 basis points

Turkey’s central bank raised its benchmark interest rate by 50 basis points on Thursday, the first increase in nearly three years, as a surging U.S. dollar and domestic security worries batter the lira currency and stoke inflation fears. Defying Pre.....»»

Category: topSource: marketpulseNov 24th, 2016

Europe Votes To Suspend Turkey EU Accession Talks, Sending Lira Crashing To Record Low Despite Unexpected Rate Hike

It was another painful day for Turkish Lira longs. Earlier today, in response to the broader USD strength overnight, the Turkish currency dropped to new record lows, sliding to 3.4214 and losing 10% of its value since the central bank's last meeting in Oc.....»»

Category: blogSource: zerohedgeNov 24th, 2016