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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 AccessTurks Protest TRY Weakness - Calling on the AKP to Resign; Opposition Slams Erdogan Policy
LOCAL NEWS
- Turks protest in Istanbul and Ankara's eastern neighbourhoods, calling for the AKP to resign after the lira depreciated almost 15% yesterday. Police arrested a number of protesters, but social concern over the economic trajectory is increasing rapidly
- Opposition chorus grows in response to falling lira, calling for action against Erdogan and saying that the current situation amounts to treason. Future Party & CHP leaders met yesterday to discuss the situation, calling on the MHP to open the door to an early election in Turkey – which have been strongly dismissed by the ruling alliance so far.
- Deva party also condemned Erdogan's actions saying the population is becoming impoverished by his actions. IYI party says the presidential system has brought the country to a point of bankruptcy. HDP is set to hold a meeting on the matter today
- Apple temporarily suspends sales in Turkey after lira crash, without giving any statement
- Health Min says no lockdowns planned in Turkey with cases holding around 25,000/day and rising steadily. Calls on citizens to get vaccinated
Data:
- 0700GMT: Nov Capacity utilisation, 78% prior
- 0700GMT: Nov Real Sector confidence SA, 111.3 prior
- 0700GMT Nov Real Sector Confidence NSA, 109.6 prior
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.