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E-MINI S&P (U2): Holding On To Its Recent Gains


TSA Traveler Numbers Lag 2018 by 11.3%

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  • USD/TRY opens higher, following news of yet another CBRT dismissal.
  • Although this is only a Deputy Governor, it underscores the concerns associated with CBRT autonomy and credibility - keeping inflation expectations anchored higher and fanning concerns RE delivery of market-appropriate policy.
  • This will likely weigh on TRY sentiment today after USD/TRY bucked broad-based USD weakness in yesterday's session
  • reflecting the current lack of investor confidence in Turkish markets.
  • Intraday Sup1: 8.3843, Sup2: 8.3597, Res1: 8.4397, Res2: 8.4851
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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