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Brazil's real gains after cenbank resumes rate hikes; other currencies steady

EMERGING MARKETS-Brazil's real gains after cenbank resumes rate hikes; other currencies steady Mexican economy up 1.1% y/y in August- preliminary estimate South Africa joins easing club with 25 bps rate cut Turkish central bank keeps rates steady, alters guidance Argentine stocks headed for record high close Both Latam FX and stocks up 0.3% Updated at 3:25 p.m.
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Brazil's real hits one-month high after 25-bps rate hike

EMERGING MARKETS-Brazil's real hits one-month high after 25-bps rate hike Mexican economy up 1.1% y/y in August- preliminary estimate South Africa joins easing club with 25 bps rate cut Turkish central bank keeps rates steady, alters guidance Latam FX up 0.3%, stocks up 0.2% By Ankika Biswas Sept 19 (Reuters) - Brazil's real outperformed its regional peers on Thursday after the central bank kicked off an interest rate-hiking cycle and signaled more increases, while key indexes for Latin American
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Turkish central bank keeps rates steady, alters guidance

UPDATE 2-Turkish central bank keeps rates steady, alters guidance Bank gives first guidance that cuts will eventually come First rate cut expected from around November Turkey made U-turn last year after previous low-rates policy Bank last hiked rate to 50% in March from 8.5% in May 2023 Adds analyst comment, stocks, background By Ezgi Erkoyun and Huseyin Hayatsever ISTANBUL, Sept 19 (Reuters) - Turkey's central bank held its main interest rate steady at 50% for a sixth straight month on Thursday
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Turkey - Factors To Watch on Sept 19

Turkey - Factors To Watch on Sept 19 ISTANBUL, Sept 19 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Thursday. The lira TRYTOM=D3 was quoted at 34.1130 against the U.S. dollar at 0406 GMT, compared with a close of 34.06 on Wednesday. GLOBAL MARKETS The dollar bounced, long-dated bond yields were up and Asian stocks rose after the U.S.
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Turkey - Factors To Watch on Sept 18

Turkey - Factors To Watch on Sept 18 ANKARA, Sept 18 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday. The lira TRYTOM=D3 was quoted at 34.0200-34.1115 against the U.S. dollar at 0420 GMT, compared with a close of 34.1000 on Tuesday. The main BIST 100 share index .XU100 closed 1.89% higher at 9,758.14 points on Tuesday.
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Turkey - Factors To Watch on Sept 17

Turkey - Factors To Watch on Sept 17 ISTANBUL, Sept 17 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday. The lira TRYTOM=D3 was quoted at 33.9810-34.0875 against the U.S. dollar at 0412 GMT, compared with a close of 34.00 on Monday. GLOBAL MARKETS Asian stocks wobbled on Tuesday while the dollar and U.S.
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Turkey - Factors To Watch on Sept 16

Turkey - Factors To Watch on Sept 16 ISTANBUL, Sept 16 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Monday. The lira TRYTOM=D3 was quoted at 33.8945-34.0300 against the U.S. dollar at 0414 GMT, compared with a close of 33.9750 on Friday. GLOBAL MARKETS Asian stocks made a cautious start on Monday in a week that is almost certain to see the start of an easing cycle in the United States with the only question mark being the size of the cut, with market
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Turkey - Factors To Watch on Sept 13

Turkey - Factors To Watch on Sept 13 ISTANBUL, Sept 13 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Friday. The lira TRYTOM=D3 was quoted at 33.9205-34.0400 against the U.S. dollar at 0306 GMT, compared with a close of 33.93 on Thursday. GLOBAL MARKETS The dollar on Friday slumped against the yen while gold hit an all-time peak as investors ratcheted up bets for a super-sized Federal Reserve interest rate cut next week after media reports suggested t
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Turkey - Factors To Watch on Sept 12

Turkey - Factors To Watch on Sept 12 ISTANBUL, Sept 12 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Thursday. The lira TRYTOM=D3 was quoted at 33.97-34.04 against the U.S. dollar at 0011 GMT, from a close of 33.98 on Wednesday. GLOBAL MARKETS Asian shares bounced on Thursday , tracking a tech-driven rally on Wall Street, while the dollar held onto gains after U.S.
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Turkey - Factors To Watch on Sept 11

Turkey - Factors To Watch on Sept 11 ANKARA, Sept 11 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday. The lira TRYTOM=D3 was quoted at 34.0160-34.0850 against the U.S. dollar at 0430 GMT, compared with a close of 34.0360 on Tuesday. The main BIST 100 share index .XU100 closed 0.78% lower at 9,624.04 points on Tuesday.
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Far less inflation to influence currencies in future

BUZZ-COMMENT-Far less inflation to influence currencies in future Sept 10 (Reuters) - There is less inflation to influence currencies in the future which will allow central banks to embark on much anticipated easing cycles. It will also relieve pressure on many currencies of nations dependent on energy imports that were severely impacted by the surge of inflation that resulted in a global tightening cycle.
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Turkey - Factors To Watch on Sept 10

CORRECTED-Turkey - Factors To Watch on Sept 10 Corrects spelling of defence minister's name and of UNEMPLOYMENT in subhead ISTANBUL, Sept 10 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday. The lira TRYTOM=D3 traded at 34.0850 against the U.S. dollar, from a close of 34.0800 on Monday. The main BIST 100 share index .XU100 closed 0.73% lower at 9,699.56 points on Monday.
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Turkish firms face wave of closures amid economic reckoning

Turkish firms face wave of closures amid economic reckoning Turkey hit by fallout from inflation-fighting monetary policy Soaring costs, overvalued lira, dwindling export orders 15,000 companies closed this year, up 28% from 2023 Apparel, textile firms seek court protection Knock-on effects for payments, employment, growth By Ceyda Caglayan and Ezgi Erkoyun CORUM, Turkey, Sept 9 (Reuters) - It is hard for Dogan Duman to see how he can keep his garment factory in central Turkey running much longe
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Stocks index slides to one-month low as China weighs; Kenya in focus

EMERGING MARKETS-Stocks index slides to one-month low as China weighs; Kenya in focus Updated at 0852 GMT Algeria declares President Tebboune election winner Putin loyalists set to win local elections Fitch upgrades Turkey's rating on improved fiscal policy EM stocks down 1.2%, FX off 0.4% By Johann M Cherian Sept 9 (Reuters) - Sentiment across most developing markets soured on Monday with Chinese stocks hitting a seven-month low as the economic outlook remained grim, while investors in Kenya pa
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Turkey - Factors To Watch on Sept 9

Turkey - Factors To Watch on Sept 9 ANKARA, Sept 9 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Monday. The lira TRYTOM=D3 traded at 33.98 against the U.S. dollar at 0605 GMT, from a close of 33.995 on Friday. GLOBAL MARKETS Japan's Nikkei share average fell more than 2% on Monday, with technology stocks among the biggest decliners, tracking heavy losses among Wall Street peers in the previous session.
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Turkey - Factors To Watch on Sept 6

Turkey - Factors To Watch on Sept 6 ANKARA, Sept 6 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Friday. The lira TRYTOM=D3 was quoted at 33.9550-34.0245 against the U.S. dollar at 0430 GMT, compared with a close of 33.9800 on Thursday. The main BIST 100 share index .XU100 closed 0.48% lower at 9,936.76 points on Thursday.
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Turkey sees single-digit inflation by 2026 in economic programme

UPDATE 2-Turkey prioritises disinflation in medium-term programme Turkey aims to raise growth potential alongside disinflation Yilmaz stresses strong coordination of monetary, fiscal policies Annual inflation seen at 41.5% this year, 17.5% in 2025 GDP growth forecast to be 3.5% in 2024, 4.0% next year Adds quotes, further forecasts, lira, background By Nevzat Devranoglu and Huseyin Hayatsever ANKARA, Sept 5 (Reuters) - Turkey aims to achieve single-digit inflation by 2026 and raise economic grow
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Turkey - Factors To Watch on Sept 5

Turkey - Factors To Watch on Sept 5 ANKARA, Sept 5 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Thursday. The lira TRYTOM=D3 traded at 34.0110 against the U.S. dollar at 0433 GMT, from a close of 33.9950 on Wednesday. The main BIST 100 share index .XU100 closed 0.37% lower at 9,984.93 points on Wednesday.
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TAKE A Reuters September global foreign exchange poll

POLL-TAKE A LOOK-Reuters September global foreign exchange poll Recent U.S. dollar weakness will stall in the coming three months despite financial market traders ramping up bets for Federal Reserve interest rate cuts, according to a majority of foreign exchange strategists surveyed by Reuters. Reuters polled over 100 foreign exchange forecasters Aug.
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Turkey - Factors To Watch on Sept 4

UPDATE 1-Turkey - Factors To Watch on Sept 4 Adds "price developments" to cenbank data ISTANBUL, Sept 4 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday. The lira TRYTOM=D3 traded at 34.00 against the U.S. dollar, compared with its close of 33.9800 on Tuesday. The main BIST 100 share index .XU100 closed 0.87% lower at 10,021.80 points on Tuesday.
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