Richard RussellToo early for a change at Thursday’s CBRT meeting, 17th June is the likely date for monetary…The CBRT meet this Thursday, I expect no change given the recent hawkish rhetoric from the CBRT has boxed them in a bit. I expect to see…4 min read·Apr 13, 2021----
Richard RussellHawkish rhetoric from new CBRT Governor Kavcioglu.New CBRT governor Kavcioglu was on the wires a couple of times last week reiterating that there will be no change to the CBRT’s policy…6 min read·Apr 7, 2021----
Richard RussellThe replacement of CBRT Governor Agbal indicates a return to easy money policies in Turkey, as is…The replacement of Naci Agbal is the first step in a return to easy money policies in Turkey, which will push USDTRY to new highs.5 min read·Mar 30, 2021----
Richard Russell*TURKEY PRESIDENT REMOVES CENTRAL BANK CHIEF NACI AGBALI was going to write a normal longform piece, but this headline now overwhelms anything else going on in Turkey. An unbelievably negative…2 min read·Mar 20, 2021----
Richard RussellThe CBRT will either hike on Thursday, or be forced tThe market is testing the CBRT, as doubts are increasing about the credibility of their hawkish rhetoric. They should hike on Thursday…6 min read·Mar 13, 2021----
Richard RussellInflation continues to overshoot, the CBRT will be forced to hike in March or AprilSummary:7 min read·Mar 6, 2021----
Richard RussellHigher real yields and negative Albayrak headlines have lead to an unwind of TRY’s year-to-date…Summary:9 min read·Feb 27, 2021----
Richard RussellThe CBRT want to be on hold, I think there’s one more hike leftSummary:7 min read·Feb 20, 2021----
Richard RussellDe-dollarisation continues, a CBRT hike on Thursday will help it picSummary:9 min read·Feb 13, 2021----
Richard RussellTrade Idea: Pay 1y1y TRY cross-currency as a positive carry risk-off trade, or as a positive carry…Summary:4 min read·Feb 7, 2021----