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FOR the rest of the week, markets will focus on U.S.-Iran negotiations, the final reading of U.S. second-quarter GDP growth, U.S. employment data and, in particular, the U.S. core PCE inflation data for August.
economic confidence index rose by 0.7% to 101.3, its highest level since 2023. The increase was supported by the consumer confidence index, which reached its highest level since 2018. Since field surveys for confidence indices are...
A coordination meeting on the fund crisis was held under the chairmanship of President Erdoğan. A Fund Coordination Board was established under the chairmanship of the Vice President. The State Supervisory Council has begun reviewing...
THE yield on the U.S. 10-year Treasury reached 5.28%, its highest level since 2002. On Tuesday, New York Fed President Williams said there was no need to rush into another rate hike, while noting that one more increase could still take place...
ACCORDING to August data, exports increased by 8.1% year on year to $23.467 billion, while imports rose by 10.5% to $28.706 billion. In the first eight months of the year, exports increased by 4% to $184.996 billion, while imports rose by 5.3% to...
In the coming days, the fund crisis is expected to remain at the top of Türkiye’s domestic agenda. A week-long holiday will begin in China. In the U.S., the calendar will be relatively quiet, although the Fed minutes may attract attention.
TÜRKIYE’S 5-year CDS rose to 251 basis points, its highest level since May.