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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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Free AccessTrade Deficit Widens in July
- Turkey’s trade deficit grew to $12.2bln (Est: -$12.4bln) in July from a deficit of -$5.16bln in June, according to the statistics office. Exports rose 8.3% y/y to $20.1bln while imports rose 10.5% y/y to $32.3bln.
- Turkey’s Economic Confidence indicator declined to 94.1 in August from 99.3 the month prior.
- President Erdogan is to visit Russia "soon" for talks with Vladimir Putin on reviving a deal to ship grain across the Black Sea, his party spokesman said Monday as per Hurriyet. The meeting will take place in Russia's resort city of Sochi, Erdogan’s ruling party spokesman told reporters, adding that Turkey hoped to avert a looming "food crisis". A Kremlin spokesman told reporters that a meeting was being prepared "intensively".
- Real estate experts say reduced loans following new regulation to curb exorbitant house prices will deter the supply of new homes, which will boost rents further, Dunya report.
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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.