South Africa Business Confidence Index dipped from previous 131.3 to 124.1 in April

European Central Bank: Focus shifts to forward guidance – Commerzbank

Commerzbank’s Erik Liem expects the European Central Bank (ECB) to deliver a fully priced 25bp hike, leaving markets focused on guidance for the path of rates beyond summer.
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Turkish Lira: Hawkish CBRT tone but lira risks ahead – ING

ING’s Frantisek Taborsky expects the Central Bank of Turkey (CBRT) to keep its policy rate at 37%, maintaining a tight stance and policy flexibility.
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