Oil Surge from Iran Standoff Weighs on Emerging Market Equities, Currencies
Surging oil prices driven by the Iran nuclear impasse pressured emerging market assets, sending currencies and stocks lower on Tuesday.
Surging oil prices driven by the Iran nuclear impasse pressured emerging market assets, sending currencies and stocks lower on Tuesday.
Turkish inflation cooled more than expected in July, but a 12% spike in Brent crude threatens to derail the central bank’s planned…
Turkey's central bank held rates amid Iran war risks, sending the lira to a record low and spiking oil prices as markets…
Turkey’s central bank keeps interest rates unchanged, citing the Middle East war’s impact on inflation, which delays the expected disinflation and prolongs…
Emerging-market currencies like the Turkish lira and South African rand gained, and EM stocks rebounded on Tuesday, fueled by China's tech sector…
Goldman Sachs sees Turkey accepting a swifter lira depreciation, setting USD/TRY on course for 30 amid easing intervention and focus on reserve…
Turkey central bank flags July inflation data as crucial for rate outlook, putting Turkish lira and emerging market assets on alert.
Vestel has initiated a dollar bond restructuring, highlighting rising corporate credit risk in Turkey as the lira's decline and economic headwinds persist.
Turkey's press crackdown as NATO leaders gather triggers a sell-off in the lira and Turkish stocks, raising geopolitical risk premium and threatening…
Carry trade strategies pivot away from the US dollar toward emerging-market currencies, driving dollar weakness and EM currency strength amid elevated global…
Turkish inflation eased in June, snapping a two-month energy-driven acceleration, and bolstering the case for monetary easing and a stronger lira.
MSCI warns it may review Turkey's market classification due to accessibility issues, threatening an emerging-market downgrade that could spark billions in outflows…