The key data from the US during the day included the Producer Price Index and Retail Sales.

• USA – PPI (monthly): -0.5% (Previous: 0.2%)
• USA – PPI (annual): 6.2% (Previous: 7.3%)
• USA – Core PPI (monthly): 0.1% (Previous: 0.2%)
• USA – Core PPI (annual): 5.5% (Previous: 6.2%)

When we look at the retail sales side, there is a rapid decrease on a monthly basis, especially on the Core side, and it decreased by -1.1%.

These data continued the weakening in the US Dollar index. While the EURUSD parity is rising to the level of 1.0880 during the day, there is an upward trend on the Ounce Gold side.

After the data, the US 10-year bond yield fell to 3.4%, hitting its lowest level in recent times.

Today we followed the policy decisions of the Bank of Japan. Contrary to the doubts, the upper limit of bond yields was kept fixed at the meeting, which started at 06.00 hours in Turkey. The 10-year Japanese Government Bond yield was kept at 0.50%. The policy rate was kept constant at -0.1%.

• 2023 Core Inflation forecast increased from 1.6% to 1.8%.
• 2024 Core Inflation forecast held at 1.6%.
• 2023 economic growth forecast decreased from 1.7% to 1.9%.
• 2024 economic growth forecast fell from 1.5% to 1.1%

Approaching 131.85 after the decision, the USDJPY parity retreated to 128.00 again during the day due to the weakening in the Dollar Index.