Markets enter standby mode

Βy Lukman Otunuga, Senior Market Analyst at FXTM   Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P500 closed at its highest level in 2023.


MOODYS: Erdogan’s unorthodoxy will undermine lira

Turkiye President Recep Tayyip Erdoğan’s re-election will likely lead to a continuation of unorthodox economic policies and the central bank’s (CBRT) extraordinarily loose monetary policy, argues Moody’s analysis. The policy stance has

Assessing the debt limit deal

By Moody’s Analytics   President Biden and House Speaker Kevin McCarthy announced over the Memorial Day Weekend an agreement in principle to limit federal spending and suspend the debt limit. The House of

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