Fx Primus Rebates

CBRT boosts lira rate in swap auction today

Lira interest rate raised from 17.75% to 19.25% in today’s auction If you recall yesterday, the citing that price formations at the time were unhealthy. central bank decided not to carry out any auction The lira continues to stay firm against the dollar, hovering around 6.50 levels up around 5% on the day.

Fx Primus Rebates

Switzerland July PPI +0.1% vs +0.2% m/m prior

Latest data released by the Swiss Federal Statistics Office – 14 August 2018 – +0.2% – PPI +3.6% vs +3.5% y/y prior ForexLive Producer and import prices continue to march upwards – providing additional support for the inflation backstory in the Swiss economy. The data here isn’t going to matter all too much as CPI/inflation…