During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
Asian equities extend their bull run
On Monday, Asian equities extended their bull run amid positive corporate earnings as well as firm global economic surge, while the evergreen buck attempted to bounce even as Washington kept complaining of unfair trade moves by rivals.
MSCI's index of Asia-Pacific sticks gained 0.4%, demonstrating a 12th straight session of revenues. For the year the benchmark has soared 8%.
Japan's Nikkei tacked on 0.5% because the Japanese yen went down a bit, while South Korea demonstrated a record.
In Hong Kong the Hang Seng tacked on 0.5%. It has appeared to be the top notch performer for the year adding more than 11%, followed by Shanghai blue chips with revenues of almost 9%, although the latter went down on Monday.
As for Wall Street, the Dow inched up 2.08%, the S&P 500 acquired 2.22%, while the Nasdaq soared 2.31%.
As a matter of fact quarterly earnings surge for the S&P 500 is anticipated at 13.2%.
Additionally, yields on American two-year Treasuries have inched up firmly to their highest value since 2008.
More tariffs were introduced
Yesterday, the US Justice Department announced a broad antitrust review ...
Today, the election in Canada will determine whether the Liberal Party Prime Minister Justin Trudeau or the Conservative Party leader Andrew Scheer will lead the government…
The week will bring us fresh updates on Brexit and the last ECB meeting with outgoing president Mario Draghi.
De-escalation between the US and Turkey and News for the GBP are on the agenda