MNI BRIEF: Cuts Should Be Timely But Cautious - Buba's Nagel

MNI BRIEF: ECB Policy Decisions Based On Broad Analysis- Lane

MNI BRIEF: Less Than Half Canada Firms See Inflation Obstacle

MNI China Daily Summary: Monday, November 25

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22

MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday

EZ/UK T-Bill Calendar: 2/3-Month ATB Auction on Tuesday

MNI: BELGIUM NOV BNB BUSINESS SURVEY -11.1

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, DE Due on Tuesday

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Elvan Stresses No Intervention in Price-Setting

TURKEY
  • Following the establishment of a Price Stability Committee earlier in the week, FinMin Elvan has stated that the committee itself is not for price controls, and there is no intention to intervene in the market. In an interview with Dunya, Elvan stated that "we never deviate from the market economy. We do not act out of competition". Instead, Elvan states the purpose of the committee is to help counter problems found in certain industries where products are hard to find, citing the glass industry as an example.
  • According to UNWTO and UNCTAD data, Turkey were among the largest losers globally from the slowdown in tourism, losing around $93bln. The news coincides with Germany lifting its travel warnings against Turkey, who now expect an influx of as many as 3mln tourists from the country.
  • Prelim June trade numbers crossed at 1130 local / 0930BST
  • President Erdogan today visits a tank factory in Sakarya, and may issue comments to press at an opening ceremony due at 3pm local / 1300BST.
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.