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Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
News
Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
Energy Select Sector SPDR Fund (XLE) as a More Vibrant Option for Oil Price Growth Aware Investors, than United States Oil Fund (USO)
News
Energy Select Sector SPDR Fund (XLE) as a More Vibrant Option for Oil Price...
Oct 30, 2023
The energy sector has been one of the best areas in the market for both growth and value investors to allocate capi...
Exchange Prices for Natural Gas in Europe Jumped 11 Percent
News
Exchange Prices for Natural Gas in Europe Jumped 11 Percent
Oct 13, 2023
Exchange-traded gas prices accelerated their growth to 11% for November futures on the Dutch TTF on the London exch...
European Gas Benchmarks Jumped More than 10% on Australia’s and Norway’s LNG Export Disruptions
News
European Gas Benchmarks Jumped More than 10% on Australia’s and Norway’s LN...
Sep 08, 2023
Dutch and British benchmark gas prices jumped 11% on the news of a partial strike in Australia began at 1 p.m. and...
Turkey's Central Bank Raises Key Rate to 25 Percent
News
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
News
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate H...
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
News
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Expose...
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Turkish Lira: Broken, but Not Defeated
News
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...