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TURKEY INFLATION FORECAST
Turkey lifts year-end inflation forecast to 28.4 percentIn a notable revision, Turkey has elevated its inflation forecast for the end of 2026 to 28.4 percent, a figure that surpasses last year's ...- US stocks today: Dow falls 500 points after Trump says Iran deal is 'over'U.S. stocks closed lower after Donald Trump declared the Iran deal “over,” raising fears of further conflict and pushing oil prices higher....
- Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
- 5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
- EU wheat eases as supply prospects offset Iran war worriesDespite Middle East tensions, which have previously supported grain costs, traders noted farmers' reluctance to sell due to inflation. Mean...
- Developing countries in Europe, Central Asia face slowdown, World Bank saysEconomies in Europe and Central Asia are set for a slowdown this year. A conflict in the Middle East has caused energy prices to surge. Thi...
- After cocoa, higher hazelnut prices to hit chocolatiersTurkey’s hazelnut harvest — the world’s largest — is expected to fall by over a third this year after severe spring frost, according to the...
- Turkey inflation dips to 35% in June, a bit below forecastTurkey's annual consumer price inflation eased slightly to 35.05% in June, according to official data, surpassing expectations. The monthly...
- Turkish inflation exceeds 75% but peak in sightTurkish inflation jumped above 75 percent in May, official data showed Monday, but officials expect consumer prices to have finally peaked ...
- Oil prices edge up after OPEC says market fundamentals are strongThe U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it suspects of violatin...
- Unexpected rally sweeps the riskiest government bondsJunk-rated government dollar bonds from El Salvador to Nigeria and Turkey are outperforming this month as money managers take on risky bets...
- Turkish annual inflation seen above 85% in Oct, about 70% at year-endAnnual inflation is seen at 85.60% in October, according to the median estimate of 11 economists who participated in the Reuters poll, with...
- Turkey's inflation surges to 20-year high of 70% in AprilTurkey's annual inflation jumped to 69.97% in April, according to data on Thursday, above forecast and at a two-decade high, fuelled by the...
- European shares slip ahead of Russia-Ukraine talks, ECB meetAutomakers fell the most, while defensive sectors such as real estate and healthcare posted small losses. Oil stocks also edged up.
- Turkey gets unprecedented downgrade, crisis warning from Moody’s“Turkey’s external vulnerabilities are increasingly likely to crystallize in a balance-of-payments crisis,” Moody’s analysts said in a repo...
- Draghi may set stage this week for move to fire up Euro areaDraghi will have fresh insight into the economy with consumer confidence data due for release on Tuesday.
- Turkey central bank raises benchmark rate to 24%; lira ralliesAgreements that are priced in or indexed to foreign currencies to be amended in 30 days
- IMF lowers India's growth projection, but it still retains world's top spotCiting the tariff increases by the US and retaliation by other countries, it said they "could derail the recovery and depress medium-term g...
- Turkey revises growth downwards, inflation upwardsTurkey revised its economic growth forecasts down to 3 percent from 4 percent for this year and down to 4 percent from 5 percent for 2016.
- India better-off, less vulnerable to capital outflows: FitchFitch said two years ago, many emerging markets experienced credit market and currency stress after the Fed discussed tapering of asset pur...
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