Geopolitics Alpha

Turkey central bank cuts key interest rate to 36%

Published . Updated .

Turkey central bank cuts key interest rate to 36%

Turkey's central bank lowered its key interest rate by 100 basis points to 36% on Thursday, in line with expectations, having left it unchanged at the previous five meetings as it monitored the inflation impact of the Iran war.In a Reuters poll, 22 economists forecast a rate cut

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund

    Oil prices move when Iranian supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with Iran supply risk

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
LMT———————
RTX———————
TLT———————
DAL———————

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Turkey central bank cuts key interest rate to 36% TradingView

Source: TradingView

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Turkey central bank cuts key interest rate to 36%” looks

12 out of 100

“Turkey central bank cuts key interest rate to 36%” scores 12 out of 100. The score uses 1 sources.