New FED president Powell started his mission last week wendesday.He said many things for
USA economy but away the most hard thing can be 4 or over raising interest rates
for developing countries.
You can watch Powell spech...
Hawk or Eagle
https://www.youtube.com/watch?v=tm7Dd3Z_Odw
For instance Istanbul Stock Market dropped %3,5 in a day.One day later Brazillian Central
Bank reduced Political Interest Rate to %6,75.... Also Russia and India looks stabil.
In below graph shows Turkey CDS ratio between 1 January and 9 February
Last Friday Clevaland Consumer Index and unemployment data came out much more
better....
In other way Turkey CDS arrived to 184... It looks peak.
obviously.We can start raising interesting rates in end of 2018
https://www.youtube.com/watch?v=I2Rye5geHWE
I mentioned about it my last article.Deflation is not a matter of buying power however negative interest rates get damages and drop many European Banks profits.Altough English Central Bank Carney president of it thinks like a Fed politics
After of Brexit,Gbp does not lost against dolar and euro
