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CEE's own risks pose a greater threat than China

Location:

EUROPE

CEE markets' resilience to China-induced sell-off.

Turkish lira faces fragility despite AKP victory

Location:

TURKEY

However, serious concerns remain about the credibility of Turkey's Central Bank (CBRT), whose refusal to mount an interest rate defence of the lira accentuates the risks posed by…

Turkey looks to ride out financial assets volatility

Location:

TURKEY

The Central Bank is expected to keep its main interest rates on hold, despite the lira continuing to fall sharply against the dollar and headline and core inflation rates that are…

Low monetary credibility keeps strain on Turkish lira

Location:

TURKEY

The recovery from the record low of 4.93 on May 23 may reflect officials’ efforts to counteract President Recep Tayyip Erdogan’s disastrous interventions in Turkey’s economic…

Market nerves roil Turkey and Central Europe

Location:

EUROPE

Markets have taken badly the Fed's more hawkish policy guidance for 2017, not expecting such a shift in monetary policy so soon. The shift in US monetary policy comes just as the…

Markets are downplaying PiS election risks in Poland

Location:

POLAND

Despite PiS's costly spending pledges, its nationalist and populist views and its strong support for a controversial, Hungarian-style debt-relief scheme for holders of foreign…

Turkey may be edging towards capital controls

Location:

TURKEY

A score below 100 indicates a pessimistic outlook -- the index has not exceeded 100 since March 2018. Increasingly frequent and heavy-handed interventions by the Turkish Central…

Investors will diversify beyond usual ‘safe’ assets

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INTERNATIONAL

During September’s technology-led equity market sell-off, ten-year US Treasury yields barely budged, while gold fell by nearly 5% and has stagnated since. Investors are turning to…

Leading central banks mould investor sentiment

Location:

INTERNATIONAL

In the worst start to a year for US equities since 2008, the benchmark S&P 500 index fell 0.7% during the week ending January 10. December's employment report showed US non-farm…

Brexit vote will keep global markets volatile

Location:

INTERNATIONAL

The UK vote on June 23 to leave the EU ('Brexit') startled global financial players, putting pressure on leading central banks to stabilise markets and keep bank funding flowing…