*In the UK, annual headline inflation, which was 7.9% in the previous data, decreased to 6.8% in July, as expected. On a monthly basis, negative inflation was realized as -0.4% against the expectations of -0.5%. When we look at core inflation, there was no change on an annual basis. As in the previous data, it was seen at an annual rate of 6.9% in July. Monthly-based core inflation increased by 0.3% with an increase of 0.1 percentage points compared to the previous month. After the announced data, rapid rises occurred in the GBPUSD parity. Along with the ups, 1.2727 resistance was exceeded.

*Industrial production data in the Euro Area came in better than expected. In June, an increase of 0.5% was recorded, while a monthly decrease of -0.1% was expected. Although a negative picture of -1.2% is seen in the annual data, it surpassed the more negative expectations with -4.2%.

*Statements from the Chinese cabinet meeting, “We will strengthen the coordination of various policies to accelerate growth. We will expand policy space to support consumption, we will do more to encourage investment, attract and attract foreign investment.”

*Fitch Ratings lowered its medium-term GDP forecasts for 10 advanced economies. Adverse economic shocks from Covid-19 and the European gas crisis are thought to have had a lasting negative impact on the supply side.

*US Building Permits increased by 0.1% in July, versus the expectations of -1.7% and Industrial Production in the USA increased by 1.0% in July, above the expectations. The expectation was for an increase of 0.3%.