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Turkish Lira: CPI surprise seen enabling rate cut – Commerzbank

Tatha Ghose at Commerzbank reports Turkey’s September Consumer Price Index (CPI) fell below 30% year-on-year, with softer month-on-month gains, creating scope for the central bank to cut rates by 100 bps.

Turkish Lira: CPI surprise seen enabling rate cut – Commerzbank

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Bahamas Sets 8 October Hearing on Banco Master Fund

Banco Master's liquidator alleges a Bahamas fund topped a structure that moved money out of the failed Brazilian bank, some of it into Aspen and Miami homes.

  • Supreme Court of Bahamas to hear Banco Master Fund winding up petition on 8 October.
  • Alleged $5.2 billion in assets held by Bahamian offshore holding company FAEX.
  • Banco Master bank's banker Daniel Vorcaro under investigation in Brazil.

Uruguay Inflation Climbs to 4.68% in September

Uruguay inflation rose to 4.68% in September as food prices jumped, putting a possible central bank rate increase on the table for Thursday.

  • Uruguay's inflation rate reached 4.68% in September
  • Food and non-alcoholic drinks drove 0.45 percentage points of the increase
  • Vegetables had the largest single-month price jump at 5.27%

More from Tuesday 6 October →