Turkey’s Inflation Nightmare: Why Sky-High Interest Rates Just Aren’t Cutting It Let’s talk about Turkey. Stunning beaches, incredible history, mouth-watering food… and an economy currently doing a spectacular impression of a dumpster fire. Seriously, it’s rough out there. The headline act? Inflation. Not your garden-variety “oh, milk costs a bit more” kind. We’re talking stratospheric,Turkey’s Central Bank Struggles To Curb Inflation Despite Aggressive Rate Hikes
This is CNBC’s live blog covering European financial markets. Greetings from London Good morning. Here in the capital, we find ourselves on the brink of the week’s final trading session. European stocks seem poised to dip, as global investors eagerly await pivotal data regarding the U.S. economy. FTSE 100 futures show a slight decline ofEuropean Stocks Likely to Decline Amid Trade Concerns and U.S. Economic Focus
Institutional Shake-Up in Bitcoin ETFs In early 2025, a notable shift occurred in the Bitcoin exchange-traded funds (ETFs) landscape, overseen by institutional investors. This change marked the first quarterly contraction since the launch of US spot ETFs. Decline in Institutional Exposure According to a recent CoinShares report, the exposure of institutional investors to Bitcoin fellQuarterly Drop in Institutional BTC ETF Holdings Observed