CBRT Governor Karahan says it maintained its tight policy stance and to tighten policy further if needed
Governor Karahan's reaffirmation of a tight policy stance from the CBRT signals a commitment to combat inflation and support currency stability.
US BROKER MOVES: CRWD upgraded at Mizuho, ADBE downgraded; CPB downgraded at Bernstein
Around seven ships passed through Hormuz in past 24 hours; Six tankers carrying c. 10.5mln bbls of Iranian oil turned around by US forces and returned through Hormuz to Iran in recent days, Tankertrackers reports
CBRT Governor Karahan says it maintained its tight policy stance and to tighten policy further if needed
Brazil's President Lula and Senator Flavio Bolsnoaro are tied in a projected runoff for this year's presidential election, according to a BTG Pactual/Nexus poll
Maersk (MAERSK-B DC) says on strait of Hormuz: safe transition cannot be assured, is making no changes in specific services; Security in region remains unpredictable
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This could imply a likelihood of further tightening if economic conditions warrant, which may influence market expectations regarding Turkish interest rates and impact emerging market sentiments more broadly.
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