President Erdogan vowed that Turkey would comply with global principles guiding monetary policy after the June 24 election, however in the meantime he strongly urged his citizens not to exchange Turkish Lira into foreign currency.
While time will tell, for now, the market appears to have interpreted The FOMC minutes in a dovish tone - willing to allow an overshoot in inflation - as the dollar is weaker while stocks, bonds, and bullion are higher...
The US military revoked the invitation because of Beijing's aggressive actions in the South China Sea, which have recently included reports that it quietly installed "defensive" missiles capable of striking US territory in the Spratly Islands
"Current elevated levels of inflation and inflation expectations continue to pose risks on the pricing behavior. Accordingly, the Committee decided to implement a strong monetary tightening to support price stability."
After ramping the last few weeks, GE's share price is tumbling back below $15 this morning following remarks from CEO John Glannery that GE expects the market for heavy duty gas power turbines to remain weak through 2020.
Having tested $8,000 last week, and bounced, Bitcoin has broken back below it - to six-week lows - as the entire crypto-space is under pressure following China crackdown headlines and news that India is considering a major crypto tax.