Turkish PPI YoY (Mar) Y/Y 28.08% (Prev. 27.56%)
The Turkish PPI YoY increased to 28.08% in March from a previous 27.56%, suggesting persistent inflationary pressures in the economy.
China Foreign Ministry spokesperson says they have achieved results in anti-drug cooperation with the US
The Israeli army is preparing to present a plan to the political leadership for the destruction of villages in southern Lebanon as part of efforts to expand the buffer zone, Al Jazeera reports
Turkish PPI YoY (Mar) Y/Y 28.08% (Prev. 27.56%)
French Industrial Production MoM (Feb) M/M -0.7% vs. Exp. -0.1% (Prev. 0.5%)
Tracking data shows more ships passing Strait of Hormuz, Al Jazeera reports
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This uptick underscores the challenges Turkey faces with price stability, which may influence future monetary policy decisions, particularly if it leads to heightened expectations for further rate hikes. Traders should watch how this data might impact the Turkish lira and broader market sentiment towards emerging markets.
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