CBRT leaves key rates unchanged, raises LLW

The Turkish central bank (CBRT) left unchanged the One-Week Repo Rate, the O/N Borrowing Rate and the O/N Lending Rate at 8.00%, 7.25% and 9.25%, respectively at today’s meeting, matching iniyial estimates.

The central bank, however, raised by 50 bp its Late Liquidity Window lending rate to 12.25% from 11.75%.

EUR/USD extends profit-taking slide, back below 1.0900 handle

The EUR/USD pair extended its retracement move from yearly tops and slipped below the 1.0900 handle, currently probing daily lows near 1.0885 level. 
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ECB’s stimulus measures continue to support bank lending - Rabobank

Elwin de Groot, Head of Macro Strategy at Rabobank, points out that the ECB’s Bank Lending Survey for April concluded that the central bank’s stimulus
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