Economic and Financial Events (June 20-23, 2025) General agenda.

Turkey

Fighting inflation and price stability are at the forefront.

#Consumer Confidence Index: The index rose to 85.1 in June, showing a slight improvement in growth rates.

Market Indicators (June 20):

Dollar/TL: 39.68 TL

Euro/TL: 45.75 TL

Gram Gold: 4,271.58 TL

BIST 100: 9,249 points

Bitcoin: 101,783 US Dollars

Oil and Gold: Brent oil exceeded $80 with risks in the Strait of Hormuz; 120-200 USD is predicted in some scenarios. Gold rose with safe haven demand.

IMF Warning: Economic risks for the Euro Zone were emphasized.

Its narrowest point is 33 km, and the ship passage corridors are 3 km wide. This is a sensitive area in terms of military and logistics.

US-Iran-Israel Tension (Current Status):

Iran responded with ballistic missiles to Tel Aviv and Haifa.

Iran's Reaction: The Iranian Parliament unanimously approved the closing of the Strait of Hormuz on June 22. The final decision is up to the Supreme National Security Council and Supreme Leader Ali Khamenei

Iran's Capacity: Iran can mine the strait through the Revolutionary Guard. In the Iran-Iraq War in 1988, the US ship USS Samuel B. Roberts was damaged on the 150th May border.