Options show that traders aren’t ready to prune back bearish bets against the lira even as US President Trump signaled the war with Iran could end soon. The premium on three-month options to sell the lira versus the dollar, rather than to buy the Turkish currency — known as 25 Delta risk reversal — rose to 14.2% in the latest surge in market volatility across global markets triggered by the war in...
Options show that traders aren’t ready to prune back bearish bets against the lira even as US President Trump signaled the war with Iran could end soon. The premium on three-month options to sell the lira versus the dollar, rather than to buy the Turkish currency — known as 25 Delta risk reversal — rose to 14.2% in the latest surge in market volatility across global markets triggered by the war in Iran. That’s the highest level since July. The Iran war has fueled risk aversion, sending emerging-market currencies and other assets lower in March, while also spurring concerns that the rise in energy costs may put Turkey’s disinflation program at risk and derail the rate-cutting cycle. Turkish bonds and stocks faced a steep selloff, while the lira was among the best performing EM currencies last week thanks to Turkey’s efforts to defend it, including dollar sales to deter volatility. Read more: Turkey Spends $12 Billion to Defend Lira From War-Fueled Turmoil Trump signaled on late Monday that the US war on Iran could be ending soon, sending oil prices plunging for the first time since the conflict began. Emerging-market assets also gained. Abstracting from recent volatility, “underlying dollarisation pressure is limited and much lower than in the first half of 2024, when the TCMB began its cutting cycle,” Goldman Sachs economists Clemens Grafe and Basak Edizgil wrote in a report. The lira was trading 0.1% lower at 44.0775 per dollar as of 8:09 a.m. in Istanbul.
(RTTNews) - TSMC (TSM) reported February net revenue, on a consolidated basis, of approximately NT$317.66 billion, a decrease of 20.8 percent from January 2026 and an increase of 22.2 percent from February 2025. For January through February 2026, revenue was NT$718.91 billion, an increase of 29.9 percent compared to the same period in 2025. The company is listed on the Taiwan Stock Exchange under ...
(RTTNews) - TSMC (TSM) reported February net revenue, on a consolidated basis, of approximately NT$317.66 billion, a decrease of 20.8 percent from January 2026 and an increase of 22.2 percent from February 2025. For January through February 2026, revenue was NT$718.91 billion, an increase of 29.9 percent compared to the same period in 2025. The company is listed on the Taiwan Stock Exchange under ticker number 2330, and its American Depositary Shares are traded on the New York Stock Exchange under the symbol TSM. TSMC is currently trading at NT$1,850.00, up 2.21%. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Snowdrop Campaign, named after the only flower in bloom at the time of the shooting, gathered 705,000 signatures on a petition to MPs which called for tighter safety measures and restrictions on firearms including a ban on the private ownership of handguns.
The Snowdrop Campaign, named after the only flower in bloom at the time of the shooting, gathered 705,000 signatures on a petition to MPs which called for tighter safety measures and restrictions on firearms including a ban on the private ownership of handguns.