#turkish-economy

#turkish-economy

Major indices, including the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, all recorded gains, with the Nasdaq delivering its strongest weekly performance since November.

"Fresh food and perishables are almost like the canary in the coal mine," when energy prices go up, according to Vidya Mani, an associate professor at the University of Virginia's Darden School of Business.

"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."

The US dollar returned to the upside as geopolitical fears rebounded after US President Trump's address to the nation. The rhetoric fuelled risk aversion and flows toward the dollar while oil prices surged.

BlackRock CEO Larry Fink said high oil prices for a sustained period would trigger a 'steep and stark recession' - one that could wipe out nearly $50 billion in ad spend this year and another $44 billion the next.

"Private investors have seized on gold's price drop. Gold's sudden retreat has given buyers the chance to reset the clock back before January's historic price spike."

"Fuel surcharges are not a stranger to the cruise industry," says Leslie Fambrini, a travel specialist. This indicates that such fees have been previously implemented and are part of the industry's pricing strategies.

The geopolitical backdrop in the Middle East remained tense after renewed threats to Iranian infrastructure from President Donald Trump, although reports of a potential deal could limit the demand for the dollar.

The national average for a gallon of gasoline is poised to surpass $4, up from about $3 a month ago - and is set to rise further the longer the Strait of Hormuz remains blocked.

The pricing of 10-year inflation-protected Treasuries implies inflation of 2.34% over the next decade, up only slightly from 2.25% pre-war. In other words, only about a fifth of the rise in the 10-year yield this month is accounted for by investors anticipating higher inflation.

The handshake between Nikol Pashinyan and Recep Tayyip Erdogan represents a historic moment, as it is the first time an Armenian leader has visited Turkey.

At the start of this year, Pakistan had more imported liquefied natural gas (LNG) than it could use, with demand falling from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025. The government sold excess gas shipments to other countries and shut down domestic gas wells to prevent pipelines from bursting under oversupply.

The longer this conflict goes on, the more devastating its impact will be on the world's energy supplies, inflation and economic stability. Every extra week of disruption raises costs for consumers and businesses while growth slows.