Ao minuto: Petróleo atenua escalada com mercados à espera de resposta do Irão

[marciop]

Por agora, o aumento das taxas tá a surtir o efeito desejado na lira.
Edit:Imagens do host cortadas, novas anexadas.
http://img199.imageshack.us/img199/6862/upsq.png
http://img31.imageshack.us/img31/313/ull8.png

[Keizer]

É o que acontece quando um banco central carrega no botão imprimir e têm uma impressora mais rápida que outros bancos centrais. O chamado "pumping" que origina crescimentos económicos ficticios.

http://mises.org/daily/6656/Why-Some-Em ... for-a-Bust

Por dinheiro em paises como a Turquia, Venezuela, Africa do Sul, Argentina ou Brasil não é fazer um investimento mas sim especular.

[marciop]

xii, que carrossel aqui anda.

[marciop]

E o S&P 500 para cima, será um bom indicador para amanhã????
Cump`s

Ui, não faço a mínima...

Fica o comunicado oficial...

The Monetary Policy Committee (the Committee) has decided to adjust the short term
interest rates as follows:

a) Overnight Interest Rates: Marginal Funding Rate is increased from 7.75 percent to
12 percent, borrowing rate from 3.5 percent to 8 percent, and the interest rate on
borrowing facilities provided for primary dealers via repo transactions from 6.75 to 11.5
percent.
b) One-week repo rate is increased from 4.5 percent to 10 percent.
c) Late Liquidity Window Interest Rates (between 4:00 p.m. – 5:00 p.m.): Borrowing
rate is kept at 0 percent, lending rate is increased from 10.25 percent to 15 percent.

Recent domestic and external developments are having an adverse impact on risk
perceptions, leading to a significant depreciation in the Turkish lira and a pronounced increase
in the risk premium. The Central Bank will implement necessary measures at its disposal to
contain the negative impact of these developments on inflation and macroeconomic stability. In
this respect, the Committee decided to implement a strong monetary tightening and to simplify
the operational framework. Accordingly, (i) one-week repo rate is increased from 4.5 percent to
10 percent; (ii) the Central Bank liquidity will be provided primarily from one-week repo rate
instead of the marginal funding rate in the forthcoming period.
Tight monetary policy stance will be sustained until there is a significant improvement in
the inflation outlook. Under this policy stance, inflation is expected to reach the 5 percent target
by mid-2015.
It should be emphasized that any new data or information may lead the Committee to
revise its stance.
The summary of the Monetary Policy Committee Meeting will be released within five
working days.

http://www.tcmb.gov.tr/yeni/eng/

[RML]

E o S&P 500 para cima, será um bom indicador para amanhã????


Cump`s

[marciop]

..

[marciop]

Turkey's central bank hikes rate to 12% from 7.75%

17:07 EST - Turkey's emergency rate hikes surpass expectations. The hike in the overnight lending rate to 12% from 7.75% by the Turkish central bank has further boosted the lira. The dollar sinks to TRY2.1910 from TRY2.2520 before the announcement. Investors were already hopeful authorities would make a decisive move after a speech by the central-bank governor earlier. But this bold step clearly sets up a tightening policy to defend a tumbling lira and fight inflation, all while the Fed is pulling back stimulus. Previously, the central bank had resorted to other tightening measures but left its principal rates unchanged. The move is giving other emerging currencies a boost as well, with the dollar slipping to MXN13.2051 from MXN13.2573. (prabha.natarajan@wsj.com)

[marciop]

Bem, hoje a moeda turca já levava outra esticada de desvalorização diária como tem vindo a ser costume, quando estava a desvalorizar mais de 2,5% para a maioria das moedas eis que o Banco Central da Turquia lança um comunicado de uma reunião especial/emergência para amanhã com o principal objetivo de ser discutidas as medidas a tomar para estabilizar a lira turca, especula-se que haja um bom aumento das taxas de juro, este comunicado fez com que a lira recuperasse das perdas estando neste momento a valorizar entre os 0,5% e 1%.

A ver o que acontece amanhã por volta das 22:00 horas.

Ficam uns gráficos atualizados, o comunicado oficial do BCT e uma notícia a abordar o tema da reunião do BCT.

PRESS RELEASE ON

THE INTERIM MONETARY POLICY COMMITTEE MEETING

The Monetary Policy Committee will meet on 28 January 2014, Tuesday evening to discuss recent developments and take the necessary policy measures for price stability. The decision will be announced at 24:00 hours. The press release will be posted on the CBRT website.

http://www.tcmb.gov.tr/yeni/eng/

Turkey's central bank calls emergency meeting over lira plunge

The Turkish central bank has called an emergency meeting of its monetary policy committee for Tuesday, following a sharp fall in the lira against the euro and US dollar.

The bank said it would "discuss recent developments and take the necessary policy measures for price stability" at the meeting.

It set out its plans in a statement at midnight (22:00) GMT Tuesday.

The move comes amid market pressure for the bank to raise interest rates.

After the announcement, the lira firmed to 2.3420 against the dollar, compared with a record low of 2.39 earlier in the day. But it fell 0.5% against the euro to 3.17740.
Reluctance

Just last week, the central bank decided to hold rates steady at its rate-setting meeting.

Analysts say the central bank is reluctant to raise rates for fear of slowing economic growth ahead of local elections due in March.

The government has forecast that Turkish growth will pick up from an expected rate of 3.6% in 2013 to 4% for this year, sharply down from the 8% growth it achieved in both 2010 and 2011.

http://www.bbc.co.uk/news/business-25913095

[marciop]

Mais uma esticada.
Hoje já saíram notícias de intervenção por parte do Banco Central Turco, a ver os próximos dias...

Turkey Central Bank Fails to Arrest Lira Slide With Intervention

The Turkish central bank’s first unscheduled currency interventions in more than two years failed to stem the lira’s slide.

The currency plunged as much as 2 percent to a record 2.3029 per dollar after the central bank sold foreign currency in multiple attempts to shore up the lira. The bank bought the local currency because of “unhealthy price formations,” according to a statement on its website, which didn’t specify the size of the purchases. It sold about $3 billion, according to HSBC Holdings Plc, citing market estimates.

The central bank drained its net foreign-exchange reserves by $5.2 billion this year, according to figures from HSBC, as a corruption probe that came to light five weeks ago pummeled the currency more than any global peer apart from Argentina’s peso. The lira recovered to about 2.26 per dollar after the first round of interventions, before sliding further and prompting another move by the central bank, according to Baris Karaayvaz, a currency trader at Turkiye Garanti Bankasi AS.

“The only way they could support the lira is an interest rate hike,” Soeren Hettler, an analyst in Frankfurt at DZ Bank AG, said in e-mailed comments. “With comparatively small currency reserves the Central Bank of Turkey is not in the best position as market participants know this.”

The lira came under renewed pressure this week after the central bank held interest rates on Jan. 21. It fell for a ninth day versus the dollar today in the longest stretch of losses since 2001. Three-month implied volatility on the currency rose 8.8 percent to 14.34, the highest among developing-nation peers after Argentina’s peso, according to data compiled by Bloomberg.
Record Low

Today’s drop in the lira came as the Argentine peso tumbled 13.9 percent versus the greenback as the central bank scaled back support. The Turkish currency traded at 2.2935 per dollar and retreated...

http://www.bloomberg.com/news/2014-01-2 ... ecord.html

[marciop]

Ficam uns gráficos atualizados da lira turca face ao EUR e GBP, neste início de ano continua a galgada de desvalorização da lira turca, talvez a partir destes patamares, uma estratégia de carry trade bem montada não fosse má ideia.

[marciop]

Índice ISE 100 (Ontem)



Hoje, segue a perder (-2,05%) para os 63.230,12 pontos.

[marciop]

Hoje, mais uma esticada...

[Sr_SNiper]

Vamos ver como estão as obrigações turcas...

[marciop]

Lira turca a fazer mínimos.

[marciop]

Turquia vê sair dez ministros em menos de 24 horas
Alexandra Sofia Costa 26 Dez, 2013, 08:47 / atualizado em 26 Dez, 2013, 09:08

O primeiro-ministro turco substituiu metade do Governo, na sequência de um escândalo de corrupção que envolveu filhos de ministros e o presidente de um importante banco público. Recep Tayyip Erdogan alegou que este é o resultado de uma conspiração internacional para desestabilizar o Executivo e prejudicar o futuro da Turquia.

Para além do vice-primeiro-ministro, saíram em menos de 24 horas os ministros do Interior, da Economia, do Ambiente, dos Assuntos Europeus, da Justiça, dos Transportes, da Família, do Desporto, e da Indústria.

Recep Tayyip Erdogan está no poder há dez anos e esta é a mais grave crise política que o seu Governo islâmico conservador atravessa. Um dos ministros afastados já acusou o primeiro-ministro de também ter responsabilidades no escândalo e defendeu que devia apresentar a demissão.

(com Sandra Henriques)
http://www.rtp.pt/noticias/index.php?article=705582&tm=7&layout=123&visual=61

[Opcard]

http://patdollard.com/2013/06/egypts-mo ... -of-luxor/

[keijas]

a policia investiu contra os manifestantes os estragos são enormes


podem acompanhar em directo aqui...enquanto as autoridades não cortarem


http://dha.com.tr/canli-yayin/

[Reiposto]

Bem, deixo aqui o ETF em dólares e EUR

Lyxor ETF Turkey - EUR
iShares MSCI Turkey Invest Mkt Index - USD

Não não temos culpa, se der para ganhar um trocado e ajudar este país à beira mar plantado tanto melhor, agora vou ver como está a dívida deles, venho já com novidades

E as novidades SNiper?

[Sr_SNiper]

Bem, deixo aqui o ETF em dólares e EUR

Lyxor ETF Turkey - EUR
iShares MSCI Turkey Invest Mkt Index - USD

Não não temos culpa, se der para ganhar um trocado e ajudar este país à beira mar plantado tanto melhor, agora vou ver como está a dívida deles, venho já com novidades