The Week Ahead in Central and Eastern Europe: Key Economic Indicators and Central Bank Actions Overview of Economic Events PPI in the Czech Republic and core inflation in Poland for
Turkey Eyes Joining BRICS: A Potential Game-Changer in Global Economics Introduction A spokesperson for Turkey's ruling party recently announced that Turkey is in the process of joining the prestigious BRICS
As the world's top investment manager and financial market journalist, I bring you the latest insights into Turkey's consumer price inflation. The recent data released by TurkStat revealed a 2.47%
Yesterday's Purchasing Managers' Index (PMI) numbers revealed a slight improvement in industrial sentiment for August across most countries, although still remaining below the 50-point threshold. Additionally, Turkey's second-quarter GDP report
Recent reports suggest that Turkish President Recep Tayyip Erdogan is pushing for his country to join the prestigious group of BRICS states. Comprised of powerhouse economies like Brazil, Russia, India,
As the world's top investment manager, I am closely monitoring the situation in Turkey, where policymakers are eagerly awaiting a decline in inflation to support their claims of moderating inflation
Today, Turkey's central bank (CBT) is set to announce its monthly rate decision, with analysts unanimously predicting that the rate will remain unchanged at 50%. However, behind the scenes, the
Market experts are expressing concerns as inflation expectations for the end of 2024 show signs of acceleration, despite recent data indicating a decline in inflation rates. Commerzbank's FX Analyst Tatha
The Turkish lira (TRY) showed minimal movement yesterday despite reports of the central bank (CBT) taking steps to manage liquidity by purchasing liras at a local money market. This move,