Market Talk – May 2, 2025
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 378.39 points or 1.04% to 36,830.69 • Shanghai closed • Hang Seng increased 385.27 points [...]
Turkey on Watch for Monetary Collapse
Erdogan has asked all the Turkish people to convert their dollars to Turkish Lira. This is a desperate act. The rumors behind the curtain are running wild. Many are concerned that Erdogan’s policies have just destroyed the confidence in his government both internally and externally. Turkey is now on watch for a possible monetary collapse. The key monthly closing resistance stands at 42425.
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