Last quote by Nicholas Spiro
As is always the case with Turkey's central bank the issue is not what it should do, but whether it has the resolve to face down Turkey's politicians and tighten policy aggressively. Even if the (central bank) were to tighten monetary policy until the pips squeak, the lira would still remain under pressure. It's the entire investment case for Turkey that's being questioned now.
Nicholas Spiro has been quoted 6 times. The two most recent articles where Nicholas Spiro has been quoted are European markets close lower after Brexit speech; Sterling on track for biggest rise since 1998 and Europe suffers Italian blow but bigger tests loom. Most recently, Nicholas Spiro was quoted as having said, “Sterling, which has been a proxy for investors' perceptions of UK politics and their fears about the consequences of Brexit, has entered a more dangerous and volatile phase.”.
Quotes by Nicholas Spiro
Jan 17 2017
Sterling, which has been a proxy for investors' perceptions of UK politics and their fears about the consequences of Brexit, has entered a more dangerous and volatile phase.
Dec 05 2016
When a prime minister who will always be remembered for taking office through an old-style party coup calls a national referendum in a country that's still struggling to emerge from a triple-dip recession, he can expect an unfavorable result.
Sep 26 2016
While the decision was not entirely unexpected, it's still a severe blow to Turkey's reputation and shows the extent to which the post-coup crackdown has undermined the country's institutional framework in the view of the agencies.
Jan 20 2016
There's not a positive catalyst in sight for Russian assets. With high inflation, the rouble tanking and sentiment extremely volatile, rate cuts are off the table for the central bank.
Dec 12 2012
With the ECB's fiscal backstop in place, investors are much less concerned about Italian debt.
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