Turkish CBRT Policy Announcement (Apr) 37% (exp. 37%, prev. 37%)
The Turkish CBRT maintained its interest rate at 37%, aligning with expectations and previous rates, indicating a commitment to a tight monetary policy.
CME Group Inc. (CME) Q1 2026 (USD): Adj. EPS 3.36 (exp. 3.34), Revenue 1.9bln (exp. 1.87bln)
Merck (MRK) is among those interested in Inhibrx's (INBX) experimental cancer drug, Reuters reports citing source
Turkish CBRT Policy Announcement (Apr) 37% (exp. 37%, prev. 37%)
Philip Morris (PM) Q1 2026 (USD): adj. EPS 1.93 (exp. 1.83), Revenue 10.2bln (exp. 9.89bln)
"EU countries agree to unlock a EUR 90bln loan to Ukraine and new sanctions on Russia, as Hungary signals it is ready to drop its months-long opposition", DPA reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Inflation:
- The underlying trend of inflation declined in March.
- Leading indicators suggest a slight increase in the underlying trend in April.
- Amid geopolitical developments and the resulting uncertainties, energy prices remain elevated and exhibit notable volatility.
- While indicators point to a slowdown in economic activity, potential second-round effects of recent developments on the inflation outlook will be of importance.
Policy:
The tight monetary policy stance, which will be maintained until price stability is achieved, will strengthen the disinflation process through demand, exchange rate, and expectation channels.
Despite recent indications of declining inflation, the central bank acknowledges potential upward pressures from geopolitical uncertainties and energy prices, suggesting that policymakers are cautious about the inflation outlook moving forward. This stance reinforces a focus on disinflation while navigating economic slowdown risks, which may impact asset flows in the region.
Related headlines
- Polish Central Bank says it may intervene in the FX market and further decisions depend on data8 hours ago
- NBP keeps rates unchanged at 3.75%, as expected8 hours ago
- CNB Vice Governor Zamrazilova says there are no reasons for a rate change this month but sees upside risks to inflation, not committing to any future move11 hours ago
- Chile central bank maintains overnight rate at 4.5% as expected1 day ago
- Newsqawk European Market Wrap - 9th September 20268 hours ago
- Newsquawk Daily US Opening News - 9th September 202612 hours ago
- Turkish Energy Minister says that they are starting an oil exploration in the Western Black Sea in the coming days13 hours ago
- IRNA cites official sources stating that areas in Sirik were hit by projectiles, while SNN reports no points in Sirik have been targeted39 min ago
- Several explosiosn were heard in Iran's Qeshm and Sirik, according to Fars49 min ago
- Loud explosion was heard in Iran's Qeshm, according to IRNA1 hour ago
- Supply chain reports indicate that NVIDIA (NVDA) is significantly increasing prices to secure probe card and test socket production capacity from major test interface vendors, reports DigiTimes3 hours ago
- Pakistani Ambassador says they believe that a better understanding will soon be achieved between the US and Iran, reports ISNA3 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election3 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer3 hours ago
- US sells USD 39bln of 10-year notes; Stop through 1.5bps5 hours ago
- Reports of an oil tanker being targeted in the Strait of Hormuz, reports Al Hadath citing Iranian Media5 hours ago
- Explosion heard from the sea south of Jask at 19:20 local time, reports Fars5 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"5 hours ago
- US Treasury Buyback: Treasury to buy back a maximum of USD 6bln in 10-20year Treasuries on Thursday (vs guidance for at least USD 4bln)7 hours ago
- Pakistan is reportedly considering strikes against Houthi targets in Yemen under the “Makkah Pact” defense framework with Saudi Arabia and Turkey, Kann's Kais reports; strikes may begin in the coming days and will be announced immediately after8 hours ago
The whole workspace, free to try.
Try it free