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What impact would Turkish central bank independence have on emerging markets?

The country’s President sacked its governor after interest rate spat.

To discuss the latest market movements and the factors that contributed to these movements, Nompu Siziba is joined in studio by Makwe Masilela, the CIO at Makwe Fund Managers. Together they discuss the nomination of Christine Lagarde to the European Central Bank, Morgan Stanley’s decision to shift its exposure to underweight global equities, the independence of the Turkish central bank and Deutsche Bank’s decision to lay off 18,000 employees globally. 

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