Free Trial

Small EM selling with TRY..........>

EMERGING MARKETS
EMERGING MARKETS: Small EM selling with TRY leading other pairs lower, USD/EMs
higher, despite the more bullish tone on the Turkish Economy from Finance
Minister Albayrajk from Davos earlier
*(bbg) Leading indicators signal that despite significant increases in vegetable
prices, unprocessed food inflation may slow down in January due to the base
effect Annual inflation in the energy group will rise significantly in January
due to base effects The current monetary policy stance remains consistent with
the projected disinflation path.
**Decent initial resistance is seen at 5.9518 in USDTRY (prices are BGN)

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.