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MNI: PBOC Drains Net CNY434 Bln Mon; Rates Unchanged

CHINA PBOC INJECTS CNY67 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: China CFETS Yuan Index Down 0.36% In Week of Nov 30

Australia Oct Housing New Loan Commitments +5.4%

MNI: AUSTRALIA Q3 BIZ INDICATORS INVENTORIES +1.2%

Light China Docket This Week

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

Turkey Decries "Provocative" Greek Remarks Ahead of Talks Next Week

TURKEY

LOCAL NEWS

  • Local economist says inflation set to climb towards 18-20% following the march print of 16.2%.
    • Notes PPI rising to 31.2% and core inflation at 16.9% as "inescapable signs that headline CPI will accelerate" alongside signs that Govt intends to accelerate credit growth.
    • Says there is no need for the CBRT to raise rates further, but Gov Kavcioglu must act cautiously
  • Turkey decries Greek FM's remarks against Turkey and Pres. Erdogan, saying the Greek officials continue to engage in "intentional, provocative and tension-raising actions & rhetoric".
    • Urges Greece to show "common sense and sincerity for dialogue channels to function again" ahead of the next round of talks scheduled for next week in Ankara
  • Greece calls on Libyan Govt to cancel its maritime deal with Turkey which ignores territorial waters around Cyprus and a number of Greek islands – through which Greece, Egypt and Cyprus wish to build a gas pipeline to Europe.
    • US & EU have also objected to Turkey-Libya deal. Greece also called for the withdrawal of all foreign troops in Libya
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Bullet EM Bullet Emerging Markets News
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Bullet EM Bullet Emerging Markets News

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