Turkish Central Bank: Deterioration in domestic demand, service sector inflation and inflation expectations continue to exert upward pressure on inflation.

The Turkish lira was little changed against the US dollar as the Turkish central bank raised interest rates by 500 basis points as expected.

Central Bank of Ukraine: Foreign financial assistance is expected to be approximately US$45 billion this year.

Central Bank of Ukraine: Economic growth is expected to reach 3.6% in 2024 and 6% in 2025, despite high security risks.

Turkish Central Bank: By taking additional measures to increase the share of Turkish lira deposits, the monetary transmission mechanism will be further strengthened.

The Central Bank of Ukraine: Adjusted the inflation forecast for 2024 to 9.8% from 8.5% previously, and expects the inflation rate to be 6% in 2025.

Market news: Sirens sounded in the central Israeli city of Tel Aviv.

Merck & Co (MRK.N) forecast full-year sales of $58.6 billion to $60.2 billion, compared with its previous forecast of $58.6 billion to $59.6 billion.

The Bank of Botswana kept the monetary policy rate unchanged at 2.65%.

United Parcel Service (UPS.N) expects revenue for this fiscal year to be US$91.3 billion to US$92.3 billion, compared with the previous forecast of US$93 billion and market expectations of US$92.82 billion.

The CBI retail sales expectations index for October in the UK was -13, compared with the previous value of -8.

Kazakhstan’s financial regulator plans to lower the interest rate ceiling for consumer loans in the first quarter of 2024, considering setting the interest rate ceiling at 44-45%.

Israeli Congressman Gantz: We will not be destroyed, but our enemies may face such a fate.