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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessBRIEF: ECB's Panetta-Time To Start Thinking Of NGEU Successor
MNI China Daily Summary: Wednesday, Aug 21
Erdogan Replaces Stats Institute Head Ahead of Key Inflation Data
LOCAL NEWS
- Erdogan replaces justice minister, stats institute (TUIK) head appointing Bekir Bozdag & Erhan Cetinkaya respectively.
- The replacement of the stats head comes just before the release of inflation data and less than a year after his appointment to the position. Opposition parties have accused Erdogan with meddling with inflation and other data
- New Metropoll survey shows 47% believe the opposition alliance is not ready to Rule Turkey vs 46% who believe they are.
- This is the first mildly positive survey for the ruling alliance in months, with approval falling below 40% in December
- DEVA party leader Babacan says next elections will be filled with surprises as voters will be searching more than ever for a better alternative to the AKP.
- Analysts note that undecided voters will play a crucial role in elections and are increasingly looking to alternative candidates, including DEVA
- The Cabinet is meeting today under President Recep Tayyip Erdogan’s chairmanship. Cabinet will discuss the latest developments in the economy and the tension between Russia and Ukraine
Data:
- 0700GMT: Dec Trade Balance exp at -6.60bn vs -5.40bn prior
- 0800GMT: Dec Foreign Tourist arrivals, 111.5% prior
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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.