Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Meanwhile, In Turkey, Erdogan Purges Central Bank, Gets $1 Billion High Five From China
The Turkish lira was poised to snap a three-day win streak on Friday thanks to a generalized risk-off tone tied to trade jitters, but also because President Recep Tayyip Erdogan ousted nine central bank officials in what amounts to a purge.
Among those fired (or "dismissed" if you prefer polite euphemisms) were the chief economist, Hakan Kara, and the risk management chief.
The shakeup comes a month after Erdogan fired Murat Cetinkaya and replaced him with Murat Uysal, who promptly came throug
Has anyone reported on a game theoretic response from China, including buying oil from Iran? What is the potential impact of exporting all this deflation?
A ton on China-Iran oil and how it could collapse prices….
https://heisenbergreport.com/2019/08/02/the-stars-may-have-aligned-for-one-banks-uber-bearish-extreme-oil-scenario/
https://heisenbergreport.com/2019/06/26/one-banks-30-uber-bearish-oil-scenario-and-a-worrying-asymmetry/
So I guess that means Turkish nationalist Erdogan will get his mind right and forget about Uighers, a Turkic people, getting destroyed in East Turk…I mean Xinjiang.