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CBRT Governor, Finance Minister to Attend Economy Meeting

TURKEY
  • Minister of Foreign Affairs Hakan Fidan met Hamas Political Bureau Chairman Ismail Haniyye, Hurriyet report. Establishing a ceasefire in Gaza as soon as possible, increasing humanitarian aid, releasing hostages and a two-state solution for permanent peace were discussed at the meeting, the newspaper write.
  • Vice President Yilmaz will chair a meeting of the Economy Coordination Board today. Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek are among the attendees.
  • There are no local data releases on the docket today. Looking ahead, the CBRT rate decision is the highlight of the week on Thursday, where the unanimous consensus among sell-side is for the central bank to deliver another 250bp rate hike, taking the one-week repo rate to 45%.

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