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Turkey Central Bank Meeting Preview: Erdogan and the Turkish Lira Eye Redemption from Policy Pivot

President Erdogan seems to have come to terms with the idea of policy normalization. Can USD/TRY fall back toward the 20.0000 handle on potential hawkish forward guidance? ....

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Wall Street Rallies, Dollar Gains as Debt Limit Talks Progress

Wall Street gains momentum as debt ceiling negotiations progress, regional banks surge, and the dollar reaches a six-week high. ....

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Links 6/6/2022 | naked capitalism

Our popular daily links, including EVs, fusion, hydrogen, Monkeypox, IPEF v. Belt and Road, Myanmar assassinations, sologamy, Severodonetsk, missiles, NATO Black Sea exercises, fascist volunteers, The Blob, supply chains, Uvalde shooting, managers and class warfare ....

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Kaisa's dollar bonds gain on strategic tie-up: Evergrande update

After the defaulted developer unveiled a strategic tie-up with a state-controlled builder and one of China’s major bad-debt managers, as the government works to contain the sector’s cash crunch. ....

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China's new local Covid-19 cases hit six-week high (update)

Mainland China recorded its highest number of daily local new Covid-19 infections in more than six weeks on Friday, as the country battles an outbreak concentrated mainly in its northern provinces. ....

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