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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 AccessMNI US CPI Preview: Setting The Tone For 2025
MNI ASIA MARKETS OPEN: NY Fed Inflation Expectations Gaining
MNI ASIA MARKETS ANALYSIS: Tsy Ylds Drift Higher Ahead CPI/PPI
Turkey May Boost Minimum Wage 35-40%, Turkey Denies Moving S-400s
LOCAL NEWS
- Turkey may raise its minimum wage by 35-40% to compensate for increased costs, the Daily Sabah reports. Says Turkish labour ministry is set to enter talks with unions and govt is "working hard to come up with a suitable increase."
- Notes the Erdogan govt is under pressure from opposition to boost living standards amid a surge in inflation and may also consider boosting expenditure to target the poorest segments of society ahead of 2023 elections
- Turkey denies reports it moved S-400s to Incirlik air base after rumours emerged on social media. This comes mere days after Biden & Erdogan discussed military equipment at the G20
- EBRD sees Turkey growth at 9% in 2021, 3.5% in 2022, alongside a reduced current account deficit of -2.4% of GDP by year end.
- Risks to forecast include; further Covid-19-related setbacks; impact of higher energy prices, given heavy dependence on energy imports; risks associated with a premature loosening of monetary policy; the return of inflation in advanced economies; and adverse geopolitical developments
- IYI party leader Aksener says she positions the HDP alongside the PKK, and that it should distance itself from the terror group
To read the full story
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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.