The federal government has been partially shut down for about three weeks now. Non-essential civil servants have been furloughed, while many essential government employees are still working but are going to miss their paycheck and possibly even their back wages, Rabobank's economists report.
The Central Bank of Turkey's (CBT’s) latest monthly survey revealed a worsening picture of inflation expectations, with market participants now anticipating an end-2025 inflation rate of 31.8%.
EUR/USD dives 0.17% during the North American session on Friday as the Greenback trims its earlier losses as US President Donald Trump tempered his trade rhetoric on China. The pair trades at around 1.1666 after hitting a daily high of 1.1728.