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Consolidation Mode But Remains Bearish


Fails To Hold Onto Thursday’s High


'Big Tech' Bill Goes To Senate


Oil Up For Fifth Week On Supply Disruption, Geopolitics

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  • Turkish Foreign Ministry calls on the Council of Europe to refrain from starting infringement proceedings against Turkey RE Kavala’s imprisonment.
    • Says the CoE should respect ongoing judicial procedures and noted that the decision was overly political – harming the CoE’s reputation.
    • The CoE convicted Turkey on Articless 5 & 18 of the ECHR mandate, violating Kavala’s right to liberty & abusing govt discretion to impose legitimate limitations on rights. Kavala’s next hearing is 17 Jan 2022
  • HDP Co-Chair Buldan met with EU envoys yesterday to discuss the AKP’s crackdown on the party and its refusal to abide by ECHR rulings on Selahattin Demirtas, the Kobane case & the HDP closure case.
    • Buldan said, however, that the HDP’s power was still intact and will play an important role in transforming Turkey
  • CHP leader calls on supermarkets to avoid hiking prices of 10 basic goods to prevent excessive poverty, promising to compensate for losses should the CHP comes to power in 2023.
    • List: eggs, flour, oil, milk, cracked wheat, pasta, lentils, cheese, salt and a specific kind of vegetable depending on the month