GLOBAL MARKETS-Asian shares rally, reassured by Turkish rate hike
GLOBAL MARKETS-Asian shares rally, reassured by Turkish rate hike Reported by ajc.com 2 hours ago.
View ArticleAussie bonds weaker on Turkey rates
Australian bonds future prices have weakened as the market responds to the Turkish central bank's significant lending rate hike. Reported by The Age 2 hours ago.
View ArticleFed is expected to further trim bond purchases
WASHINGTON (AP) — The Federal Reserve is expected Wednesday to further reduce its stimulus for the U.S. economy even though that prospect has unsettled global financial markets. The Turkish central...
View ArticleTurkish Central Bank Makes Massive Rate Hike to Save Lira
Turkey's central bank hiked all its key interest rates in dramatic fashion at an emergency midnight policy meeting, ignoring opposition from Prime Minister Tayyip Erdogan as it battles to defend the...
View ArticleTurkish Prime Minister Erdogan arrives in Tehran for talks with Iranian leaders
Turkish Prime Minister Recep Tayyip Erdogan has arrived in Tehran for talks with Iranian leaders on bilateral ties and regional issues including Syria. Reported by FOXNews.com 56 minutes ago.
View ArticleTurkish Prime Minister Arrives in Iran for Talks
Turkish Prime Minister Recep Tayyip Erdogan has arrived in Tehran for talks with Iranian leaders on bilateral ties and regional issues including Syria. Reported by NYTimes.com 33 minutes ago.
View ArticleTurkey: Helping the lira, killing the economy?
Aggressive monetary tightening Last night the Turkish central bank (TCMB) at an emergency monetary policy meeting announced an aggressive tightening of monetary conditions. The TCMB is responding to...
View Article$A firms on Turkish rate rise
The Australian dollar has been boosted by firmer Asian equity markets following the Turkish central bank's steep rise in lending rates. Reported by The Age 26 minutes ago.
View ArticleFed expected to taper again this evening despite concerns in emerging markets
Markets boosted by aggressive rate hike from the Turkish central bank; Fed expected to taper again this evening despite concerns in emerging markets; Quiet European session expected ahead of Fed...
View ArticleThe currency pair rose to 2.1845
Good morning from beautiful Hamburg and welcome to our Daily FX Report. Yesterday, the Turkish central bank doubled its interest rate to 10 percent. The JPY continued its downward trend this week and...
View ArticleTurkish prime minister arrives in Iran for talks
TEHRAN, Iran (AP) Turkish Prime Minister Recep Tayyip Erdogan has arrived in Tehran for talks with Iranian leaders on bilateral ties and regional issues including Syria.Iranian state television says...
View ArticleTurkish banks are kings of the loan market – Poll
The loan market is at the mercy of Turkish financial institution borrowers when it comes to pricing, according to EuroWeek Loans' latest poll. Reported by Euroweek 2 days ago.
View ArticleTurkish central bank signaling higher rates
In a reversal, Turkish central bank signaling higher rates to end lira's slide Reported by Newsday 1 hour ago.
View ArticleThe Turkish Prime Minister Gives A Speech As A 10-foot Hologram
The future is here. Turkish Prime Minister Recep Tayyip Erdoğan couldn't make it to a political party meeting in the Turkish city of Izmir on Sunday, so he opted for the next best thing: a 10-foot-tall...
View ArticleA Turkey Of A Wealth Effect: Turkish Stocks Drop To July 2012 Levels
As the investing world waits with baited breath for the outcome of the *Turkish Central Bank's emergency meeting* (released at 2200GMT) to see if they hike rates 300, 400, or 500bps and finally manage...
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Here Comes The Turkish Central Bank Decision That Everyone Is Talking About
The Central Bank of Turkey is widely expected to announce a rate hike at an emergency meeting this evening in an effort to stem the decline in the lira. The currency touched a record low of 2.390...
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Turkish Lira EXPLODES Higher After Stunning Central Bank Move
BOOM. After Turkey's central bank just hiked rates by much more than expected, the Turkish lira is exploding. Here's a chart of the Euro vs. Turkish Lira. You can see the Lira is exploding higher, by...
View ArticleTurkish Lira Rises on Rate Hike
The Turkish lira gained against the U.S. dollar after the Turkish central bank raised its key rate to 12% from 7.75%. Reported by Wall Street Journal 1 day ago.
View ArticleUH-OH: That Huge Turkish Lira Move Is Rapidly Melting Away
Watch out folks. Thins are getting interesting. Yesterday evening, the Turkish Lira SOARED after a massive rate hike by Turkey's central bank. The move helped created a bout of risk on sentiment across...
View ArticleMiners rise as FTSE benefits from Turkish rate rise but Sainsbury slumps on...
Investors' fears of renewed crisis in emerging markets eased by central bank moves Leading shares are heading higher after overnight news of a hefty Turkish interest rate eased fears of a burdgeoning...
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