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🔴 Turkey Lira dropped to an all-time low after Istanbul mayor and Erdogan rival arrested.
Imamoglu, the 53-year-old Istanbul mayor, was seen as the next opposition party candidate for the Turkish presidency and was expected to be nominated on Sunday. Charges for the arrest, which Imamoglu and his party reject, include terrorism and organized crime. Source: CNBC, Bloomberg
BREAKING: The dollar dropped and stocks surge after the Washington Post reported that Donald Trump’s aides are exploring tariffs that would apply to every country, but only cover critical imports
See the kink to our 10 surprises 2025 (surprise #1: Trump 2.1 "(...) What if concerns over the inflationary effects of tariffs prompt him to pivot, adopting a more conciliatory approach with trading partners—a shift from Trump 2.0 to Trump 2.1): https://lnkd.in/eKXRsc58 Source: MenthorQ, Bloomberg
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