Turkish central bank surprises markets and cuts interest rates

The Central Bank of Turkey returned to the stimulus fiscal policy, as the bank suddenly decided the benchmark interest rate by about 1 percent 100 basis points to stabilize the interest rate in the country at 13% This is after a series of interest rate stabilization that lasted for eleven months, including seven meetings of … Read more

Surprises are on the way, the hike has been priced, and the worst is yet to come..How do you trade before and during a conference?

The markets price a 99% hike in the US interest rate today, but surprises remain, making sure that in addition to the record bond yield, it was the straw that broke the camel’s back, and the camel here is the currencies of Europe, Japan, New Zealand and Australia. The American economy is not in its … Read more