CBRT raises its end-2026 inflation forecast to 15-21% (prev. 13-19%)
The Central Bank of the Republic of Turkey (CBRT) raising its end-2026 inflation forecast indicates growing concerns about persistent inflationary pressures in the economy.
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CBRT raises its end-2026 inflation forecast to 15-21% (prev. 13-19%)
Nissan Motor (7201 JT) 9-month (JPY): Net income -250.22bln (prev. 5.15bln Y/Y), Revenue 8.58tln (prev. 9.14tln Y/Y). Raises its FY revenue forecast to 11.90tln (prev. 11.70tln) and sees narrower FY operating loss at 60bln
China's Commerce Ministry announces a tariff of up to 11.7% (prev. 42.7%) on EU dairy products; effective from the 13th of February
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This upward revision could suggest a more cautious monetary policy stance moving forward, which may impact interest rate expectations and the lira's valuation. Traders should watch closely for implications on broader regional risk sentiment and potential shifts in capital flows.
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