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Turkey Raises Overnight Rates to 12%

The central bank of Turkey raised its OVERNIGHT LENDING RATE TO 12.00% – this is up from 7.75%. This is indicative of the other side of the coin with high rates. A central bank can raise rates, as we traditionally see during a boom or in China these days, in hopes of stopping the speculation. Markets and economies […]

Civil Unrest Erupting in Turkey

This weekend, 20,000 people in the Turkish capital Ankara renewed their protests against Prime Minister Recep Tayyip Erdoğan. Democracy is really under the spotlight in Turkey. This appears to be a movement that is on the rise in Turkey.

Turkey is on the Verge of Real Civil Unrest

There has been a clash going on between the PM Recep Tayyip Erdogan who sees himself as governing Putin Style and the rising religious factions that was to take the country to Islamic law rules by religion. Keep an eye here as well. This turn in the Cycle of War seems to be signally unrest absolutely […]

Turkey Getting Much Worse

Germany has now issued a travel warning to its citizens regarding any travel to Turkey. Turkey is a NATO country. Things are starting to get much worse as people are honestly getting fed up with taxes and corruption. This is a global trend – do pay attention. http://deutsche-wirtschafts-nachrichten.de/2013/06/05/kampf-der-kulturen-die-schlacht-um-die-zukunft-der-tuerkei/ http://deutsche-wirtschafts-nachrichten.de/2013/06/04/gewalt-in-istanbul-und-ankara-deutschland-spricht-reisewarnung-fuer-tuerkei-aus/ http://deutsche-wirtschafts-nachrichten.de/2013/06/04/tuerkische-regierung-will-mit-demonstranten-sprechen/  

Market Talk – July 22, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 464.79 points or -1.16% to 39,599.00 Shanghai decreased 18.09 points or -0.61% to 2,964.22 Hang Seng increased 218.20 points or 1.25% to 17,635.88 ASX 200 decreased 39.90 points or -0.50% to 7,931.70 KOSPI decreased 31.95 points or -1.14% to 2,763.51 […]

Market Talk – July 19, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 62.56 points or -0.16% to 40,063.79 Shanghai increased 5.18 points or 0.17% to 2,982.31 Hang Seng decreased 360.73 points or -2.03% to 17,417.68 ASX 200 decreased 64.90 points or -0.81% to 7,971.60 KOSPI decreased 28.89 points or -1.02% to 2,795.46 […]

Market Talk – July 18, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 971.34 points or -2.36% to 40,126.35 Shanghai increased 14.28 points or 0.48% to 2,977.13 Hang Seng increased 39.00 points or 0.22% to 17,778.41 ASX 200 decreased 21.40 points or -0.27% to 8,036.50 KOSPI decreased 18.94 points or -0.67% to 2,824.35 […]

Market Talk – July 17, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 177.39 points or -0.43% to 41,097.69 Shanghai decreased 13.45 points or -0.45% to 2,962.85 Hang Seng increased 11.43 points or 0.06% to 17,739.41 ASX 200 increased 58.60 points or 0.73% to 8,057.90 KOSPI decreased 22.80 points or -0.80% to 2,843.29 […]

Market Talk – July 16, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 84.40 points or 0.20% to 41,275.08 Shanghai increased 2.29 points or 0.08% to 2,976.30 Hang Seng decreased 287.96 points or -1.60% to 17,727.98 ASX 200 decreased 18.30 points or -0.23% to 7,999.30 KOSPI increased 5.17 points or 0.18% to 2,866.09 […]

Market Talk – July 15, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai increased 2.72 points or 0.09% to 2,974.01 Hang Seng decreased 277.44 points or -1.52% to 18,015.94 ASX 200 increased 58.30 points or 0.73% to 8,017.60 KOSPI increased 3.92 points or 0.14% to 2,860.92 SENSEX increased 145.52 points or 0.18% […]