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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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.
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.