"Buy the rumor - sell the fact" action for USD/TRY
During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
Taiwan stocks head north at close of trade
On Friday, Taiwan equities inched up after the close because revenues in the Optoelectronic, Hotels as well as Paper & Pulp sectors underpinned equities.
The Taiwan Weighted tacked on 0.68%.
On the Taiwan Weighted the winners included JSL Construction & Development Co Ltd, Kaori Heat Treatment Co Ltd and Aurotek Corp. They all edged up 10.00%.
As for the worst performers, they were represented by Century Iron And Steel Industrial Co Ltd, AcctonTechnology Corp and Holy Stone Enterprise Co Ltd. They went down respectively 9.96%, 5.26% and 4.62%.
On the Taiwan Stock Exchange soaring equities outclassed dipping shares by 588 to 199, while 102 were intact.
The currency pair USD/TWD tumbled 0.04% being worth 29.591, TWD/CNY declined 0.14% trading at 0.2208.
As for the US Dollar Index Futures, it headed south 0.07% demonstrating an outcome of 91.60.
February delivery crude futures dived 0.61% trading at $63.41 a barrel.
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