*The Bank of England increased interest rates by 25 basis points in line with expectations and increased the policy rate to 5.25%. While it was stated in the statements that the tight stance would be maintained in general, it was stated that inflation was taken seriously. In September, no clear signal was given that the rate hike would continue.

*In the European session, the German Services PMI index was announced as 52.3 and the Eurozone’s Services PMI index as 50.9.

*Euro Area Producer Price Index continued to be negative in June. It was -0.4% monthly and -3.4% annually.

*In the Service PMI indices announced in the USA, S&P Global’s data was 52.3, while ISM’s data was 52.7.
S&P Global said in its PMI report that companies are more optimistic about the outlook.

* The rise in the US 10-year bond yield continues step by step. The interest rate, which had increased to 4.15% at noon, has risen to 4.18% as of the US session. The rise in US bond yields is a very important situation that puts pressure on the market, so we follow it closely.
US stock markets are struggling to react to yesterday’s sharp drop. The reactions on the ounce gold side are also weak.