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Domestic markets, which welcomed the market-friendly messages of the renewed management of the economy, began to wait for the interest rate decision to be announced next week. The fall in exchange rates today gave way to a horizontal course.
After President Erdoğan’s statements yesterday, while the value gain in TL became apparent, dollar / TL, today 7.88 levels; euro / TL changes hands at 9.27.
President Erdogan’s statements indicating a higher demand for expert presence after the Turkish lira, Turkey’s risk premium in international markets (CDS) decreased from 450 to 400 levels that drew attention.
Experts, the Central Bank of the Republic of Turkey at home, the monetary and banking statistics of the week today, while abroad, the president of the US Central Bank Jerome Powell, the president of the European Central Bank , Christine Lagarde, and Bank of England President Andrew Bailey, Inflation in the US and the speech, England ‘He also stated that the intense data agenda will be followed, especially growth and industrial production in the area euro.
Experts noted that news about the new type of corona virus (Covid-19) vaccine, economic incentives, geopolitical and political developments will also determine the direction of markets.
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