Obbligazioni valute high yield TURCHIA bond in usd e lira turca
- Creatore Discussione sentex
- Data di Inizio
pietro17elettra
Nonno pensionato
Turchia: lira turca KO, maxi rialzo tassi non basta - FinanzaOnline
Non solo lira turca. Attenzione anche ai cds, saliti oggi per la seconda sessione consecutiva, fino a 518 punti base.
www.finanzaonline.com
m.m.f
Forumer storico
Turchia: lira turca KO, maxi rialzo tassi non basta - FinanzaOnline
Non solo lira turca. Attenzione anche ai cds, saliti oggi per la seconda sessione consecutiva, fino a 518 punti base.
....l'inflazione e' prevista scendere a breve penso sara' al 30 alla prossima lettura.
Se ci sara' un altro rialzo il gap va a restringersi.
Comunque i cds sono attorno a 515.
Importante che non si brucino riserve che non hanno a sostenere la valuta inutilmente.
fabriziof
Forumer storico
Cambio try eur a 28
finance.yahoo.com
Turkish lira in free fall: New record lows despite drastic interest rate hike
Investing.com - The Turkish lira, which was already under heavy pressure, continued its slide unabated after the 650 basis point interest rate hike by the central bank in Ankara. The currency hit new record lows against the euro and the dollar, leaving investors and economists alike concerned.
fabriziof
Forumer storico
Turkey's lira hits new low after bank rules' rollback
The Turkish lira slid as much as 3% to a record low against the dollar on Monday, after the central bank took steps to simplify policy, while an official and bankers said the bank had stopped using its reserves to support the lira.
Near
Forumer storico
vedo che la try è a 28 sull'euro,Turkey's lira hits new low after bank rules' rollback
The Turkish lira slid as much as 3% to a record low against the dollar on Monday, after the central bank took steps to simplify policy, while an official and bankers said the bank had stopped using its reserves to support the lira.www.reuters.com
alla faccia del supporto
fabriziof
Forumer storico
Speriamo nella resistenza...
m.m.f
Forumer storico
....la try non ha resistenze un mondo a se.
Gennaio 2018 sotto 4, in 5 anni siamo a 30.
Comunque costantemente o ciclicamente le valute emergenti svalutano .
Se i brics da 5 mi pare sono diventeranno 20 ,probabile che qualcosa cambiera'.Si parla di una valuta comune a tutti...
pietro17elettra
Nonno pensionato
Turkish central bank's net reserves mark largest weekly rise after foreign-exchange interventions stop
The Turkish central bank's net international reserves rose by some $8.5 billion last week to about $9 billion, the biggest weekly rise on record, four bankers said on Tuesday, as it stopped intervening in the forex market and the lira declined.
Turkish cenbank's net reserves mark largest weekly rise after forex interventions stop
ReutersJune 27, 202310:49 AM GMT+2Updated 5 hours ago
ISTANBUL, June 27 (Reuters) - The Turkish central bank's net international reserves rose by some $8.5 billion last week to about $9 billion, the biggest weekly rise on record, four bankers said on Tuesday, as it stopped intervening in the forex market and the lira declined.
Its total reserves also rose by about $4.5 billion to $107.5 billion as of June 23, according to the bankers' calculations.
The estimates for the rise in the net reserves were between $8.2 billion and $8.8 billion, while those for the total reserves were between $4.3 billion and $4.8 billion.
The largest weekly rise in the net international reserves was recorded in February 2002 with $8.2 billion.
Reporting by Nevzat Devranoglu; Writing by Ali Kucukgocmen, Editing by William Maclean
m.m.f
Forumer storico
Turkey CDS Update by jbchevrel, June 27, 2023
Last autumn, Turkey CDS widening was amplified by dovish CBRT: Sep 22, they cut -100bp to 12%, consensus built around another -100bp cut in October, CBRT actually cut -150bp to 10.5% consensus then built around another -150bp cut to 9% which did happen. CDS briefly went 900bp! This spring, CDS collapsed to 480bp and curve steepened, as the market expected an opposition *united* against Erdogan. After 1st round, it became clear that Erdogan would win, with 5% Ogan voters: CDS widened to 700bp on expectations of ultra-loose monetary/fiscal policies, inflation 40-50%, current-account deficit/gdp 5%+, falling TRY. CDS reverted below 500bp after orthodox Simsek was named Economy minister. CDS oscillated around 500bp since, with 1s5s around 150bp. On June 22, the CBRT hiked +650bp to 15%. The range of expectations going into the event was wide, the median estimate was 20% 1w repo. That took CDS wider, pushing above 500bp. The next day, Simsek said that his policy would target price stability but that the process would be conducted gradually. The widening was contained as the market gave credit to the CBRT for further hikes. Also, Turkey CDS is a heavy carry going into July-August, something which argues for compression vs tighter sovereigns, despite us approaching the five year anniversary of the August 2018 lira crisis. Next inflation report on July 5. Next CBRT decision on July 20
Last autumn, Turkey CDS widening was amplified by dovish CBRT: Sep 22, they cut -100bp to 12%, consensus built around another -100bp cut in October, CBRT actually cut -150bp to 10.5% consensus then built around another -150bp cut to 9% which did happen. CDS briefly went 900bp! This spring, CDS collapsed to 480bp and curve steepened, as the market expected an opposition *united* against Erdogan. After 1st round, it became clear that Erdogan would win, with 5% Ogan voters: CDS widened to 700bp on expectations of ultra-loose monetary/fiscal policies, inflation 40-50%, current-account deficit/gdp 5%+, falling TRY. CDS reverted below 500bp after orthodox Simsek was named Economy minister. CDS oscillated around 500bp since, with 1s5s around 150bp. On June 22, the CBRT hiked +650bp to 15%. The range of expectations going into the event was wide, the median estimate was 20% 1w repo. That took CDS wider, pushing above 500bp. The next day, Simsek said that his policy would target price stability but that the process would be conducted gradually. The widening was contained as the market gave credit to the CBRT for further hikes. Also, Turkey CDS is a heavy carry going into July-August, something which argues for compression vs tighter sovereigns, despite us approaching the five year anniversary of the August 2018 lira crisis. Next inflation report on July 5. Next CBRT decision on July 20
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