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HomeBlogAplenty Icon PublicationGoldman Sachs lifts Turkey inflation forecast to 44% and delays rate cut to Jan

Goldman Sachs lifts Turkey inflation forecast to 44% and delays rate cut to Jan

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Oct 4, 2024
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Goldman Sachs raises its year-end Turkey inflation forecast to 44% from 40% after September CPI data.Goldman Sachs says now expects first Turkey rate cut in January, from November previously.

This article was written by Arno V Venter at www.forexlive.com.

Sentiment trading fairly stable ahead of today’s NFP

Oct 4, 2024
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Markets trade fairly stable on the risk sentiment side so far today. Usually in the run up to big events like today’s NFP it’s not uncommon to see markets trading more choppy or rangebound or muted. Also, there could be a bunch of different types of flows ranging from profit taking, pre-positioning and hedging flows...

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BoE’s Pill: Interest rates have minimal impact on UK business investment

Oct 4, 2024
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Bank of England’s Pill: I do not think the level of interest rates is having more than a marginal impact on UK business investment. This follows on from earlier comments from Pill here and here. This article was written by Arno V Venter at www.forexlive.com.

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