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United States Redbook Index (YoY) declined to 7% in April 10 from previous 7.6%

TRY: Faster Lira depreciation risk after heavy FX use – Commerzbank

Commerzbank’s Tatha Ghose warns that USD/TRY is gaining momentum towards 45.00 as Turkey faces a worsening external backdrop and extended energy price shock.
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Gulf region: Shock resilience and investment outlook – BNP Paribas

BNP Paribas’ Stéphane ALBY assesses how Gulf economies are absorbing the conflict-related shock. He notes that Oil exports via the Strait of Hormuz have been severely disrupted, with Bahrain, Kuwait, and Qatar hit hardest, while Saudi Arabia and the UAE partially benefit from higher Oil prices.
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