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  • Turkey’s Erdogan Says There Are No Cash Withdrawal Issues at Banks

    From bnnbloomberg.ca

    Turkish President Recep Tayyip Erdogan accused his political opponents of making false allegations about the banking system, saying citizens have no problems in withdrawing their cash from lenders. “Can you tell me who hasn’t been able to withdraw his money from the bank over the past 21 years?” Erdogan told AHaber television in an interview on Friday, speaking two days before the presidential election runoff. His statement was an apparent response to Istanbul Mayor Ekrem Imamoglu, who warned of banking problems in case the incumbent is reelected. “They are engaging in fear-mongering,” Erdogan said. ... (full story)

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    United States of America: Resilient Demand, a Robust Labor Market, A Persistent Inflation Problem

    From imf.org|May 26, 2023|4 comments

    The U.S. economy has proven resilient in the face of the significant tightening of both fiscal and monetary policy that took place in 2022. Consumer demand has held up ...

    Hedge Funds Bet Against Copper for First Time in Three Years

    From bnnbloomberg.ca|May 26, 2023

    Hedge funds are betting against copper on the London Metal Exchange for the first time since the early months of the pandemic — a sharp reversal from just weeks earlier after ...

    Oil volatile after a week of mixed messages, US inflation bad news for gold

    From marketpulse.com|May 26, 2023

    Oil prices are recovering slightly after a volatile week amid conflicting commentary from key members of the OPEC+ alliance. From a “watch out” warning from the Saudi Energy ...

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    Yellen: Projected Resources Will Be Inadequate During Week of June 5, When $92 Bln of Payments and...

    From @sevenloI|May 26, 2023

    tweet at 4:20pm: Yellen: Projected Resources Will Be Inadequate During Week of June 5, When $92 Bln of Payments and Transfers Are Due

    High points for economic data scheduled for May 29 week

    From econoday.com|May 26, 2023

    The May 29 week starts with the Memorial Day observance on Monday when US debt and equity markets are closed. The four-day workweek has a concentration of economic reports related ...

    An Evaluation of the Skewness Model on 22 Commodities Futures

    From quantpedia.com|May 26, 2023

    Skewness is one of the less-known but practical measures from statistics that can be used in trading. It is defined as a measure of the asymmetry of the probability distribution ...

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  • Posted: May 26, 2023 3:53pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 50
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