Central Bank of Turkey to decide policy

In Turkey, CBT will publish its July quarterly inflation report next week. 

It will be important to see whether CBT will have any revisions in inflation forecasts on the back of recent TRY weakness. 

"It will be important to also wait and see if CBT will provide any insights on potential simplification of monetary policy in the coming months, which seem to be expected by the local market participants", says Barclays.