March 19, 2025 07:46 GMT
BUNDS: Turkey seems to be driving European assets
BUNDS
BundesbankCentral Bank NewsCEEMEAEurozoneGermanyBulletMarketsFixed Income BulletsForeign Exchange Bullets
- Turkey look to be driving some of the European assets, Bund fully clears the next resistance, and the EUR extends further losses.
- USDTRY is up some 10%, as Turkish authorities detained Ekrem Imamoglu, the lower liquidity also helps exacerbated the moves, the bid/offer in the USDTRY is 40 big figures wide.
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