Results for Turkey
Edit

The Dollar Reverses Early Gains

May 30, 2023
Overview:  The debt ceiling drama is not over. The agreement between the negotiating teams of President Biden and House Speaker McCarthy sets the stage for the next act in the drama: each side must deliver the votes. A preliminary vote today in the House of Representatives is likely today ahead of floor vote tomorrow. Still, the market is optimist…
The Dollar Reverses Early Gains The Dollar Reverses Early Gains Reviewed by Marc Chandler on May 30, 2023 Rating: 5
Edit

Markets Catch Breath as Politics Trumps Economics

May 15, 2023
Overview: The dollar is mostly consolidating last week's gains. The big news has been on the political front. Thailand's opposition parties dealt the military-led government a powerful blow. But in Turkey, Erdogan staved off a serious challenge and a run-off later this month looks likely, while his party maintained its parliamentary majori…
Markets Catch Breath as Politics Trumps Economics Markets Catch Breath as Politics Trumps Economics Reviewed by Marc Chandler on May 15, 2023 Rating: 5
Edit

Limited Follow-Through Dollar Buying After Yesterday's Gains

May 12, 2023
Overview: The dollar sprang higher yesterday but follow-through buying today has been limited. The little more than 0.5% gain in the Dollar Index was among the largest since mid-March. And yet, the debt ceiling anxiety and weak US bank shares persist. Today's talks at the White House have been postponed until early next week. Both sides are in…
Limited Follow-Through Dollar Buying After Yesterday's Gains Limited Follow-Through Dollar Buying After Yesterday's Gains Reviewed by Marc Chandler on May 12, 2023 Rating: 5
Edit

Dollar Trades Above JPY150 and Truss Gets No Reprieve

October 20, 2022
Overview: China and Japan continue to struggle to stabilize their currencies, while global interest rates rise. The offshore yuan has fallen to new lows but in late dealings the onshore and offshore yuan have recovered. The dollar also traded above JPY150 for the first time since 1990 and the market knows it is on thin ice as with the threat of of…
Dollar Trades Above JPY150 and Truss Gets No Reprieve Dollar Trades Above JPY150 and Truss Gets No Reprieve Reviewed by Marc Chandler on October 20, 2022 Rating: 5
Edit

The Greenback Firms to Start the New Week, Stocks Slide

September 19, 2022
Overview:  The busy week is off to a slow start as Japan is on holiday and the UK and Canadian markets are closed to honor Queen (Australia will commemorate with a holiday on Thursday). Nevertheless, the sell-off in equities continues and the US dollar is firm. Most of the large markets in Asia fell. India is a notable exception. Its benchmark ros…
The Greenback Firms to Start the New Week, Stocks Slide The Greenback Firms to Start the New Week, Stocks Slide Reviewed by Marc Chandler on September 19, 2022 Rating: 5
Edit

The Dollar is on Fire

August 19, 2022
Overview:  The dollar is on fire. It is rising against all the major currencies and cutting through key technical levels like a hot knife in butter. The Canadian dollar is the strongest of the majors this week, which often outperforms on the crosses in a strong US dollar environment. It is off 1.5% this week. The New Zealand dollar, where the RBNZ…
The Dollar is on Fire The Dollar is on Fire Reviewed by Marc Chandler on August 19, 2022 Rating: 5
Edit

China Disappoints and Surprises with Rate Cut

August 15, 2022
Overview: Equities were mostly higher in the Asia Pacific region, though Chinese and Hong Kong markets eased, and South Korea and India were closed for national holidays. Despite new Chinese exercises off the coast of Taiwan following another US congressional visit, Taiwan’s Taiex gained almost 0.85%. Europe’s Stoxx 600 is advancing for the fourth…
China Disappoints and Surprises with Rate Cut China Disappoints and Surprises with Rate Cut Reviewed by Marc Chandler on August 15, 2022 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.