A further rate cut is expected in Turkey
It is almost certain that the Turkish Central Bank will announce a 3rd consecutive and significant rate cut today (-100 to -150bp). Since September, the key rate…
On the strength of the success of the vaccination campaign in the UK and the effects of containment, Boris Johnson will present today a crisis exit plan that everyone hopes will be definitive. Bond yields keep on rising, the US 10y nearing 1.4% now, while copper prices have reached a 9-year high. The EUR/USD is rather stable, above 1.21.
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