hiked its key interest rate
by 250 basis points to 17.5%. Analysts were expecting a 500-basis-point hike to combat the country's annual inflation of 38.21% in June. "Terrible decision … Again under-delivering," Timothy Ash, emerging markets strategist at BlueBay Asset Management, wrote. The Turkish lira fell about 50 basis points on the news.
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CNBC Daily Open: Investment banking sees signs of lifeIn another sign the U.S. economy is more resilient than anticipated, banks have had a good showing this earnings season.
La source: CNBC - 🏆 12. / 72 Lire la suite »
CNBC Daily Open: Investment banking’s coming backIn another sign the U.S. economy is more resilient than anticipated, banks have had a good showing this earnings season.
La source: CNBC - 🏆 12. / 72 Lire la suite »
U.S. stocks open mostly lower as disappointing tech earnings weigh on NasdaqU.S. stock indexes opened mostly lower on Thursday amid a batch of disappointing earnings from technology behemoths, raising concerns about growth. The Dow Jones Industrial Average was up 0.3%:
La source: MarketWatch - 🏆 3. / 97 Lire la suite »