MNI BRIEF: China Aug CPI Rises To Half-year High At 0.6% Y/y

MNI: PBOC Net Injects CNY88 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.0989 Mon; +3.38% Y/Y

CHINA AUG FOOD PRICES +2.8% Y/Y VS +0.0% Y/Y JUL

CHINA AUG CPI +0.6% Y/Y VS MEDIAN +0.7%; JUL +0.5% Y/Y: NBS

CHINA PBOC CONDUCTS CNY91.5 BLN VIA 7-DAY REVERSE REPOS MON

MNI JAPAN Q2 GDP REV +0.7% Q/Q; PRELIM +0.8%; MEDIAN +0.8%

EZ/UK Bond Supply Calendar: EU Syndication; BoE APF Due Monday

CANADA AUG IVEY PURCHASING MANAGERS INDEX 48.2 SA

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

UK: Week Ahead

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

Erdogan – Nebati Spat Prompts Further Policy Questions

TURKEY
  • Russian foreign minister Lavrov is in Turkey today to hold discussions with his Turkish counterpart Cavusoglu, during which a grain export corridor from Ukraine, conditions for a ceasefire and Turkey’s incursion into Syria are the topics on the agenda. Ahead of the talks on Syria, Russian and Syrian fighter jets have staged joint air patrols across the Golan Heights. The foreign ministers hold a press conference at 1200 local time (1000BST/0500ET).
  • Cumhuriyet reports that finance minister Nebati’s AKP presentation over the weekend (in which he said that Turkey are not considering either a cut or a raise to interest rates) angered President Erdogan due to Nebati’s admission that the party “did not think about the low income citizens”. The piece reports that Erdogan gave his finance minister a speaking warning in response.
  • President Erdogan meets with his Venezuelan counterpart Maduro today, and will hold a joint press conference at 1845 local time (1645BST/1145ET).
  • Currency weakness persists, with USD/TRY rallying through the 17.00 handle early Wednesday to put the pair at the highest levels since December’s bout of volatility. In response to the currency volatility, a front page piece on the Cumhuriyet website asks “will the dollar continue to rise and will USD/TRY rise to 20.00 next?”
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.