Fitch affirms Turkey at ‘BB+’; outlook stable – Reuters

Fitch Ratings affirmed Turkey’s credit note at BB+ and said that the outlook was stable. Key highlights (via Reuters) Issue ratings on Turkey’s senior unsecured foreign-currency bonds have also been affirmed at ‘BB+’ Ratings balance high external financing vulnerabilities, pronounced political and geopolitical risks and


Wall Street ends the week on a negative note

Major equity indexes eased lower in the last session of the week as falling crude oil prices weighed on energy shares. Furthermore, the political developments in the U.S. hurt the market sentiment, pushing the investors towards safer assets like the yen, gold and U.S. Treasuries

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Bitcoin eases off monthly highs, still up $700 on the week

After the Bitcoin development community avoided a potential crisis by accepting the SegWit2x upgrade, which is supposed to increase the digital currency network’s transaction capacity, before the July 31 deadline, the BTC gained nearly $700 on Thursday, pushing the BTC/USD pair close to its record


EZ PMI: No major change expected – Wells Fargo

On Monday, the key report will be Eurozone PMI. According to analysts from Wells Fargo, the index is expected to show no major change, so they warn that any change could be market moving.  Key Quotes:  “ECB President Draghi made reference this week to the