Industrial Production in Germany for November, which was announced today, increased by 0.2%, exceeding the expectations. The data was expected to increase by 0.1%. Industrial Production decreased by 0.4% on an annual basis. Apart from this data, the Unemployment Rate in November, which we tracked in the Euro Zone, did not change as expected, and stood at 6.5%.

Although the Non-Farm Employment and Unemployment Rate announced in the USA on Friday sounded positive, there was an expectation that the FED would further slow down the rate hikes with the decrease in the rate of increase in Average Hourly Earnings. For now, the Fed is expected to increase the interest rate by 25 basis points with a 77.2% probability at its meeting in February. With these expectations, while the Dollar Index depreciates on the first trading day of the week, Commodities and Global Indices are rising.