THE tide turns again. The Fed has initiated a sea-change. This may have an impact similar to Bernanke’s May 22, 2013 speech that initiated the ‘taper tantrum’, only currently the direction of the change is opposite to that. Basically, and after Clarida’s vindication of Powell, the Fed managed to broker a carte blanche. The cheque...
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A possible reverse capital control ahead
What matters on Wednesday, March 29
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Central Banks keeps interest rate steady at 8.5%
The message from Russia: ‘I am in the Middle East too’
What matters on Thursday, March 23
The post-earthquake needs analysis
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World automotive sector influenced by semiconductors (chip sector) demand
The highest monthly CAD in the history of the republic
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What matters on Monday, March 20
Dollar lost its savings instrument edge
Quake-hit cities to get investment support
15% of earthquake victim voters migrated
What matters on Tuesday, March 14
A law specific to Istanbul is a must: Mayor of Istanbul
Share of compensation of employees in the GVA hits a 25-year low
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Housing construction increases, sales decline
MUNICIPALITIES issued licenses for the construction of 212,000 houses during the first half of the year. It’s more accurate to say: “Those who will build houses received licenses.” There’s been a rapid increase on a quarterly basis. A total of 81,000 licenses in the first quarter, 131,000 in the second. Also, there’s been a strong...