Turkish Central Bank raises inflation forecasts on Middle East tension
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Türkiye’s Central Bank on Nov. 12 raised its year-end inflation forecasts, driven by war-related developments in the Middle East and elevated energy costs.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy costs” (oil) in this story.
- XLE Energy Select Sector SPDR+7.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy costs” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “middle east” (tanker shipping) in this story.
- ITA iShares U.S. Aerospace & Defense ETF+1.2% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- TUR iShares MSCI Turkey ETF-17.0% 30d
iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Turkey.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Turkey
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.6% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Turkey.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +4.74% | +0.82% | base | +3.43% | after close | after close | after close |
| XLE | -2.64% | -2.21% | base | +1.50% | after close | after close | after close |
| BWET | +23.15% | +6.41% | base | +5.26% | after close | after close | after close |
| ITA | -7.07% | -2.20% | base | -2.16% | after close | after close | after close |
| TUR | -4.19% | +1.13% | base | +0.30% | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | — | after close | after close | after close |
| EMB | -0.03% | +0.53% | base | -0.81% | after close | after close | after close |
| EMLC | +0.45% | +1.06% | base | -0.57% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Turkish Central Bank raises inflation forecasts on Middle East tension Hürriyet Daily News
Source: Hürriyet Daily News
Price since this story was published: Ishares (TUR)
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | +5.26% | final price |
| BWET | three days earlier | +6.41% | final price |
| BWET | five days earlier | +23.15% | final price |
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
| Ishares Tr (EMB) | that day | -0.81% | final price |
| Ishares Tr (EMB) | three days earlier | +0.53% | final price |
| Ishares Tr (EMB) | five days earlier | -0.03% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | that day | -0.57% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | +1.06% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | +0.45% | final price |
| ITA | that day | -2.16% | final price |
| ITA | three days earlier | -2.20% | final price |
| ITA | five days earlier | -7.07% | final price |
| Ishares (TUR) | that day | +0.30% | final price |
| Ishares (TUR) | three days earlier | +1.13% | final price |
| Ishares (TUR) | five days earlier | -4.19% | final price |
| USO | that day | +3.43% | final price |
| USO | three days earlier | +0.82% | final price |
| USO | five days earlier | +4.74% | final price |
| XLE | that day | +1.50% | final price |
| XLE | three days earlier | -2.21% | final price |
| XLE | five days earlier | -2.64% | final price |
How busy Middle East has been lately
Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Turkish Central Bank raises inflation forecasts on Middle East tension” is tagged to Middle East.
Who gains and who loses around Ishares (TUR)
Companies mentioned with this story
- TUR Ishares
Ishares (TUR) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Turkish Central Bank raises inflation forecasts on Middle East tension.” Reason on file: iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”)
- CEW Wisdomtree Tr
For “Turkish Central Bank raises inflation forecasts on Middle East tension,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Turkey
- EMB Ishares Tr
Ishares Tr (EMB) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Turkish Central Bank raises inflation forecasts on Middle East tension.” Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Turkey
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
For “Turkish Central Bank raises inflation forecasts on Middle East tension,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Turkey
- EEM Ishares Tr
For “Turkish Central Bank raises inflation forecasts on Middle East tension,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Turkey
How a Middle East shock reaches Ishares (TUR)
On 12 Nov 2026, “Turkish Central Bank raises inflation forecasts on Middle East tension” is the story that connects Ishares (TUR) to Middle East.
Ishares (TUR) is on the page because iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”)
Also listed, Wisdomtree Tr (CEW): WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Turkey
Dates in the story, and the Ishares (TUR) price range
EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. TUR traded between 29.38 and 34.51 across 20 sessions. The latest close on file is 30.15.
What the saved facts support for Ishares (TUR)
40 out of 100
“Turkish Central Bank raises inflation forecasts on Middle East tension” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.