Obbligazioni valute high yield TURCHIA bond in usd e lira turca

Ucraina: von der Leyen, congratulazioni a Guterres e Erdogan per proroga accordo su grano
Bruxelles, 17 nov 10:14 - (Agenzia Nova) - La presidente della Commissioneeuropea, Ursula von der Leyen si congratula, tramite un messaggio Twitter, con il segretario generale delle Nazioni Unite, Antonio Guterres e con il presidente della Turchia, Recep Tayyip Erdogan, per la proroga dell'accordo sulle esportazioni di grano tramite il Mar Nero. "Mi congratulo con Antonio Guterres e con il presidente Recep Tayyip Erdogan per la proroga dell'accordo sull'esportazione di grano nel Mar Nero. Insieme alle corsie di solidarietà dell'Ue, l'iniziativa delle Nazioni Unite per il grano nel Mar Nero contribuisce a evitare la carenza di cibo a livello mondiale e a far scendere i prezzi degli alimenti, nonostante la guerra della Russia", si legge nel tweet di von der Leyen. (Beb)
 
Turchia-Messico: discusso possibile riavvio negoziati per accordo di libero scambio
Città del Messico , 18 nov 10:03 - (Agenzia Nova) - Messico e Turchia hanno discusso il possibile riavvio dei negoziati per un accordo di libero scambio. Il tema è stato a centro dell’incontro, avvenuto ieri ad Ankara, tra il ministro degli Esteri messicano, Marcelo Ebrard, e l’omologo turco Mevlut Cavusoglu. I ministri, si legge nella dichiarazione congiunta, hanno ribadito il loro impegno a raggiungere un volume di scambi pari a cinque miliardi di dollari all’anno. Con questo obiettivo, hanno concordato di organizzare quanto prima la seconda riunione della Commissione economica Messico-Turchia, al fine di procedere a una revisione completa delle relazioni economiche e identificare i passi da seguire per aumentare ulteriormente il commercio e gli investimenti reciproci, nonché il possibile riavvio dei negoziati per un accordo di libero scambio.
 
Dal 1 ° dicembre, Turkiye chiuderà lo stretto del Bosforo e dei Dardanelli alle navi che trasportano petrolio se non hanno copertura assicurativa

La Turchia si sta tacitamente unendo alle nuove sanzioni contro il petrolio russo, che includono un "tetto ai prezzi" e il divieto di assicurazione delle petroliere.
 
RPT-POLL-Turkey to end easing next week with one last rate cut to 9%
Oggi 05:26 - RSF
(Repeats story with no changes to text)

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reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=TRINT%3DECI
poll



By Ezgi Erkoyun and Ali Kucukgocmen
ISTANBUL, Nov 18 (Reuters) - Turkey's central bank is expected to cut rates by another 150 basis points next week to 9% and halt the easing thereafter, a Reuters poll showed on Friday, after President Tayyip Erdogan called for the stimulus despite more than 85% inflation.

The predicted cut would bring the cumulative easing in four months to 500 basis points, which the central bank says is necessary given signs of economic slowdown. It is swayed by Erdogan who had called for a single-digit rate by year-end.

The central bank will announce its rate decision at 1100 GMT on Nov. 24.

The bank cut its policy interest rate by an unexpectedly aggressive 150 basis points last month, and said at the time it evaluated a similar move for November before ending the current easing cycle.

All 14 economists that participated in the Reuters poll expected a 150 basis-point cut to 9% in the one-week repo rate
.

Of the 15 that gave year-end predictions, only one economist saw another cut in December, bringing the policy rate to 8.0%, while the others saw the bank holding steady after November.

In response to a question about the policy rate at the end of 2023, six of seven economists expected a pivot to tightening that would bring it to a range between 16% and 35%.

One economist noted that policy would depend on whether Erdogan is re-elected in a presidential vote in May or June next year.

Inflation has surged since autumn 2021, stoked by an unorthodox easing cycle of 500 basis points that sparked a currency crisis late last year.

Erdogan, a self-described "enemy" of interest rates, aims to boost investments, production, exports and employment while lowering rates under his economic programme.

The central bank expects inflation to drop to 65.2% by end-2022, thanks largely to a so-called base effect. That compares to a median estimate of 70.25% in the latest Reuters poll and 68.06% in a central bank survey published on Friday.

The bank says it will achieve a permanent fall in inflation once Turkey's chronic current account deficits turn to a surplus under the new economic plan.

Ankara does not see a surplus in its economic projections that cover up to 2025.

(Reporting by Ezgi Erkoyun and Ali Kucukgocmen; Editing by Jonathan Spicer)
(([email protected] , @alikucukgocmen; +905319306206; Reuters Messaging: Reuters Messaging: [email protected]))
 
BUZZ-Another huge rate cut intensifies pressure on Turkish lira
Oggi 12:31 - RSF
* Turkey cuts main interest rate by 150bp to 9.00%
* String of rate cuts starkly contrasts ECB, BOE and FED hikes
* While USD/TRY held near the record high since September - lira has dropped
* EUR/TRY +11.6% last 41 days, GBP/TRY +14.3% in 43 days, PLN/TRY +10% 32 days
* RUB/TRY similar to USD/TRY steady near the record high
* Lira is falling versus currencies of Turkey bigger trading partners
* ECB, Fed and BOE are expected to hike again this year, CBRT could cut in Dec
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(Jeremy Boulton is a Reuters market analyst. The views expressed are his own )
(([email protected]))
 
Turkish strikes hit oil installations in northern Syria, sources say
Oggi 12:45 - RSF
By Suleiman Al-Khalidi
AMMAN, Nov 24 (Reuters) - Turkish drones are targeting key oil installations run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria, three local sources said, in air strikes which drew strong condemnation from the United States overnight.
The SDF said dozens of people including 11 of its fighters were killed in the strikes, which mark the first time Turkey has systematically targeted oil fields in the SDF-controlled region.

Turkey's warplanes began conducting air strikes on Syrian Kurdish YPG militia bases in northern Syria at the weekend, prompting retaliatory strikes along the Syrian border.

The SDF, a U.S. partner in the fight against Islamic State, said Turkey had struck deeper into Syrian territory than in its previous operations. It said in a statement the strikes had killed 15 civilians and 25 Syrian government soldiers.

Turkish President Tayyip Erdogan has promised to expand the operation and said Ankara would launch a land incursion at a time it judges convenient.

"The enemy aims to inflict big blows on our defence forces, especially our commanders and command centres ... In this way it prepares the ground for a ground offensive," said the SDF statement.

Ankara has already carried out three land incursions into Syria targeting Kurdish militias since 2016.

RETALIATION
Turkey launched the air operations in retaliation for a deadly Nov. 13 Istanbul bomb attack that it blamed on the YPG militia, which spearheads the SDF. Ankara views the YPG as an extension of the outlawed Kurdistan Workers Party (PKK).

Nobody has claimed responsibility and the PKK and YPG have denied involvement.

The Turkish drones hit oil installations late on Wednesday near the Syrian town of Qamishli, as well as the oil-rich area Rumeilan, near which U.S. troops are located, according to three sources in the Syrian cities of Qamishli and Hasaka.

Turkey has also escalated drone strikes in the heart of urban areas, targeting senior YPG military officials, said the sources, who are in touch with SDF figures.

The Pentagon said the Turkish air strikes threatened the safety of U.S. military personnel and that the escalating situation jeopardized years of progress against Islamic State militants in the area.

The United States has roughly 900 soldiers in Syria, mainly working with the SDF in the northeast.

Asked about the Pentagon comment, a Turkish defence ministry source said Ankara "selects targets sensitively" and was in close contact with U.S. counterparts. The source said oil fields were not among Ankara's targets.

The PKK is considered a terrorist organisation by Turkey, the United States and the European Union. U.S. support for the SDF has for years been a major source of tension in ties with its NATO ally Turkey.

(Additional reporting by Huseyin Hayatsever in Ankara; Writing by Tom Perry; Editing by Ali Kucukgocmen, Daren Butler and Gareth Jones)
(([email protected]; Reuters Messaging: [email protected]))
 

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