Turkey elections adding to weekend risk

Turkey elections adding to weekend risk

Turkish elections to be held on Sunday 24 June 2018 If Erdogan gets a 4th term with an outright victory on Sunday, expect the latest constant pressure on TRY over internal, external and monetary policies to continue. If by any chance one of the opposition candidates...
Turkish Gold demand smooths the decline

Turkish Gold demand smooths the decline

After the Russian demand, EM countries enter the arena Turkish gold demand has risen 34% compared to last year’s 1st quarter. It’s not such a big fish in the global market but with other EM currencies suffering from the latest USD rise( ARS another one in...
The week has really started

The week has really started

PMI’s today and from tonight it’ll go crescendo European PMI’s came out a bit mixed but ECB will overshadow all EUR traffic this week of course I’ve cut the short term EURUSD shorts with some profit in the runup to the event for 2 reasons : 1 ....

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