We expect short-term appreciation of TRY

Review: Beige Book reveals great concerns about fiscal cliff. Warren Buffett: He expects a solution to the fiscal cliff problems – yet only at the last minute. If Buffett is proven right, we will see increasing market volatility in December. Revealing an increase of 3.1% against the expected 2.8%, the EU M3 data offered a positive surprise. The Bank of Spain indicated that Spain will see lower growth in Q4 than expected until now, which will turn the market’s focus from Greece to Spain. Will

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We expect short-term appreciation of TRY

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