Tag Archives: TRY
TRY WATCHERS (Turkey…)
All eyes on Turkish CB with accelerated depreciation in Lira (basket all time high) after dovish MPC last week, market scepticism on unorthodox monetary policy and jittery global markets. CBRT could slash/suspend daily $30mn FX purchase auctions and/or lift ultra-low 1.50% O/N bid rate/narrow corridor.
UniCredit EEMEA Daily
News KZ: Positive – Industrial output up 4.7% in May yoy, 5.8% in Jan-May and down 0.9% mom sa (p2) TK: Negative – April 2011 C/A posts USD 7.7bn deficit (p2) SK: Negative – May CPI comes in at 4.0 % yoy (p2)