The Central Bank's Survey of Market Participants shows year-end 2026 CPI inflation expectations edged up to 29.63% from 29.61%. The 12-month-ahead inflation expectation rose to 23.89% from 23.70%, while the 24-month-ahead forecast fell to 17.94% from 18.32%. Participants expect the policy rate to be set at 36% at the upcoming October Monetary Policy Committee meeting. The year-end dollar forecast of 51.55 lira is nearly unchanged from 51.57, but the 12-month-ahead exchange rate expectation rose to 59.26 lira per dollar from 58.60. GDP growth for 2026 is now seen at 2.9%, down from 3%, while the 2027 forecast holds at 3.9%.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on hurriyetdailynews.com ↗
Related news
- Netflix Falls 3% as Peter Rice Takes Over Content After Layoffs; Disney and Spotify Hold Steady
Netflix shares fell 3% to $70.35 in morning trading, leaving them down 25% year to date, after the streamer named Peter Rice chief content officer to succeed Bela Bajaria, who is leaving after nearly a decade. Rice, who previously ran general entertainment at Disney and oversaw ABC, FX and Hulu, takes over later this month, one day after Netflix decided to cut roughly a thousand jobs in its largest layoff round in four years. Disney and Spotify were near flat at $110.71 and $533.77, while the Communication Services ETF (XLC) rose 0.4%. The article says the bull case rests on Rice's operating record and a lower cost base, while the bear case points to slowing growth and execution risk in Netflix's most important division. Rice's first programming approvals could offer the earliest read on his direction.
- Bank of America Falls 5% as $1.2B Money Laundering Penalty Drives Earnings Miss; JPMorgan Chase and Wells Fargo Hold Steady
Bank of America stock fell 5% to $51 in morning trading after its third-quarter 2026 results missed expectations for revenue and adjusted earnings. The main cause was a $1.2 billion money laundering penalty imposed by the Office of the Comptroller of the Currency and the Financial Crimes Enforcement Network, which cited weaknesses in Bank Secrecy Act, anti-money laundering and sanctions safeguards and concluded the bank had effectively outsourced its compliance obligations. Adjusted EPS was $1.08 against a $1.10 consensus, and revenue was $29.96 billion against a $30.58 billion estimate, while the non-tax-deductible penalty cut GAAP EPS by $0.17. The charge also ended a streak of six consecutive quarterly beats. Meanwhile, net interest income rose 8% to $16.45 billion and average loans grew 6% to $1.23 trillion, but investment banking fees fell 11% and fixed income, currencies and commodities trading revenue dropped 17%.
- Wall Street Review : Nasdaq Sinks 4 . 48 Percent as Inflation Fears Hit AI Stocks
The Nasdaq Composite fell 4.48% for the week as hotter-than-expected inflation data pushed Treasury yields higher and raised doubts about whether heavily indebted AI companies can earn enough to justify their spending. On Friday alone, the index dropped 2.14%, with CoreWeave down 13.65% and Nebius Group down 12.18%; for the week, the two stocks fell 25.21% and 25.15%, respectively. The Dow gained 0.67% for the week, while the S&P 500 fell 1.95% to 7,659 and the Russell 2000 lost 3.05%. The 10-year Treasury yield rose above 5.30% on Wednesday before falling to 5.05% on Thursday. GuruFocus estimates CoreWeave's return on invested capital at negative 0.45%, versus an estimated weighted average cost of capital of 8.97%.
- Inflation Remained at 3 . 1 percent Y - o - Y in September 2026 - News - Rádio RSI English
Consumer prices rose 0.2% month-on-month in September 2026, the biggest monthly gain in four months, while year-on-year inflation held steady at 3.1%, its lowest since January 2025. Prices rose in eight of thirteen spending groups, from 0.3% in personal and social-care services to 2.2% in education, while four groups fell. Food and non-alcoholic beverage prices dropped for a fourth straight month, down 1% month-on-month and 3.2% year-on-year. Transport prices rose 2.1% monthly, driven by a 5.5% jump in fuel, and fuel was up 22.2% from a year earlier, the fastest pace since September 2022. Consumer prices rose 3.5% year-on-year in the first nine months of 2026.
- US inflation rises to 3 . 7 percent , reviving prospects of Fed rate hike
- Report: Inflation Rises More Than Half-Percent Across Inland Region
Related markets
Latest news
- Meta Earnings: What To Look For From META
Meta Platforms (NASDAQ:META) will report earnings this Wednesday after the market closes. Last quarter, revenue reached $60.8 billion, up 28% year on year and above analysts' expectations, though revenue guidance for next quarter slightly missed forecasts; daily active users hit 3.6 billion, up 3.4%. The market expects revenue growth of 23.6% this quarter, slowing from 26.2% a year earlier, and analysts have generally reconfirmed their estimates over the past 30 days. Over the last month, consumer internet stocks have gained 1.3% on average, while Meta is down 4.8%.
- An AI bust could come from places investors arent watching , an economist says
Concerns about an AI bubble are growing, and TS Lombard's Dario Perkins warns that investors may be overlooking other risks. Debt among smaller cloud providers, model developers and suppliers could reach $2 trillion by the end of 2027. Perkins does not see this as a systemic risk, but warns that earnings disappointments and canceled orders could ripple through the ecosystem, and that a chip glut could follow over-ordering. Much of the industry's revenue growth still comes from spending within the AI ecosystem rather than from businesses and consumers outside it. He also flags political backlash, noting that ordinary people dislike AI and nearby datacenters, and warns that one high-profile accident could turn AI toxic.
- Yen jumps after JGB auction draws big demand , euro finds relief
The yen rose 0.2% to 158.15 per dollar in Asian trading after a 20-year Japanese government bond auction drew bids of 5.84 times the amount sold, well above the 4.01 times at the previous auction, and the yield fell 6 basis points to 3.71%. A State Street strategist said the record demand suggests sidelined cash is returning and that JGBs are becoming a relative haven from political and fiscal volatility in Europe, particularly France. Anti-government protests in France prompted curfews in several cities, while Italy said it would send 500 troops after two days of unrest, and the euro rallied 0.2% to $1.1234. Elsewhere, bitcoin slipped 0.3% to $81,674.25 and ether edged down 0.2% to $2,393.21.
- Unemployment rate dips to 4 . 7 % - but vacancies hit five - year low
Vacancies fell by 21,000 to 691,000 in the three months to September, the biggest drop since the three months to March and the lowest since July to September 2014 outside the pandemic, while unemployment dipped in the three months to August. Payroll numbers were down 66,000 over the year to September. The ONS said the fall was mainly among smaller firms struggling with higher labour costs, following rises in employer national insurance, the minimum wage and workers' rights. A CBI survey found labour costs and regulations were making it harder to create jobs, and firms urged the Chancellor not to add to their burden in the October 28 Budget. ICAEW's Suren Thiru said the labour market is 'running on idle' and unemployment could climb above 5 per cent, while Shadow Chancellor Andrew Griffith blamed Labour's 'Jobs Tax' and red tape.
- CNBC Daily Open: Tech rebounds in the U.S., but Asia isn’t buying it yet
U.S. tech stocks rebounded as the Nasdaq Composite rose more than 1% on Monday, with Nvidia up 1.4% and Tesla up 3.8%. In Asia, however, tech shares fell on Tuesday, with South Korea's Kospi down over 4% and Japan's Nikkei 225 down 1.6%. Nvidia also unveiled plans to back four German AI startups as part of its nearly $10 billion European investment commitment. Jenny Lee of Granite Asia said Asian companies are reaching IPOs much sooner, often at four to five years old, while Jio Platforms' Indian IPO saw its anchor investor quota oversubscribed more than 30 times, aiming to raise up to 302 billion rupees ($3.2 billion). In Singapore, several agricultural stocks fell after Senior Minister K Shanmugam warned that companies would not escape responsibility for possible roles in the haze, noting seven firms had been questioned by the Singapore Exchange.
- NiSource (NI) Stock Looks Overvalued Against Its Dividend Outlook
NiSource has nearly doubled shareholders' money over the past five years, delivering a 97.6% total return, which raises the question of whether dividends can justify the current share price. The article highlights a new 20-year energy agreement with Microsoft, including customer-funded grid upgrades and long-term electric service for data centers, which may affect future capital needs and cash-flow visibility. Using a Dividend Discount Model with inputs of about $1.35 dividend per share, roughly 9.07% return on equity, a payout ratio slightly above 61%, and implied dividend growth of about 3.5%, the estimated intrinsic value sits meaningfully below the current share price of $41.95. The model still does not bridge that gap, suggesting income investors are paying a premium for a relatively steady payout with modest assumed growth.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.