The geopolitical risk from the Wagner Group mess has subsided and is now short-lived. However, the implications of a weaker nuclear armed Russia for the medium and long-term still poses a potentially high geopolitical risk to the world and the…
The Bank of England is facing a difficult decision today. Expectations are for a hike of 0.25 to 0.50. Given the nature of the mortagage market in the UK where fixed rates beyond 5 years is not common, means that…
The Turkish Central Bank will need to hike interest rates today. The question is by how much. Currently, expectations from the market are very broad reflecting the high certaintly of the decision. That is a result of restrictive factors such…
The Turkish economy has been facing a multitude of challenges in the post-election period. The lira has been performing poorly, inflation rates are high, and regional disparities still exist. However, the new finance minister, Mehmet Simsek, has come forward with…
Turkish Election 2023: Our Forecast The Turkish election of 2023 is a pivotal event in the country's history. With the presidential and parliamentary elections taking place simultaneously, the electorate is set to head to the polls on May 14, 2023,…
The rate decision is due at 2:00 pm today. More important than the rate decision is the end policy rate signals from the FED. Based on tightening credit conditions which acts as a break of the economy, this should decrease…
Today the ECB raised rates by 0.5 to tackle the inflation problem in Europe. This raise comes on the back of the Swiss National Bank (SNB) offering support to Credit Suisse with $54 Billion. Credit Suisse shares rose after the…
The Silicon Valley Bank (SVB) collapse is the second largest bank failure in US history. It is only dwarfed by the collapse of Washing Mutual Bank in September 2008. SVB had assets of $209 Billion and Deposits of $175 Billion.…
Russia is now reacting from the recent success of the Ukranians in capturing territory in the northern front. The Ukrainian plan was executed with the help of the Americans and British in terms of planning and suceeded beyond expectations.™ Putin…
Our projection for the ECB rates in a couple of hours is that the rate hike will be stronger than expected for several reasons. Energy inflation has impacted the key countries of Europe, specifically Germany. Aversion to inflation within the…