FED/Bostic “No Rate Cut Until 2024“ * In the statement made by the People’s Bank of China (PBOC) on monetary policy today, it was stated that interest rates will be kept reasonable and appropriate, prudent monetary policy will be firm and firm, liquidity will be reasonably plentiful and the Yuan exchange rate will be basically […]
US PPI and UK’s Interest Rate Cut Are On The Agenda… * The Bank of England’s policy decision announced today came in the direction of a 25 basis point increase in interest rates in line with the expectations and increased the interest rate to 4.5%. The decision was passed by 2 votes to 7. *Bank […]
We’ll See if US Inflation Relieves the FED! * The US inflation, announced at 15.30 today, was surprisingly at 4.9% on the headline side. The fact that food inflation remained stable at 0% was recorded as one of the important factors that lowered annual headline inflation. *The continuation of the fall in headline inflation brought […]
Inflation and Policy Statements From ECB Members Are On The Agenda… *The Minister of Energy of the United Arab Emirates stated that they are not worried in the oil market for the short term and that they can balance the supply/demand relationship. There are still concerns for the long term, so it is said that […]
US Inflation Will Revive A Calm Started Week… *Global markets started the new week calmly due to the UK holiday. US futures stock indexes continued to maintain their upward trend from last Friday. *Inflation data coming from both Germany and the USA on Wednesday will be very important in the new week and will greatly […]
US Non-Farm Employment Data Exceeded Expectations… * Nonfarm payrolls in the US increased by 253,000 in April, beating expectations of 180,000. In the face of the stubbornness in inflation, the improvement in employment continued in April. After the release of non-farm employment data, the dollar index appreciated. The unemployment rate in the USA fell from […]
Tonight at 21:00 We Will Follow the FED’s Interest Rate Decision… 25 Base Points Increase and Details at ECB Interest Rate Meeting… *The other day, after the Fed’s decision to increase interest rates by 25 basis points, the ECB decided to increase it to 3.75% with a 25 basis point increase in interest rates. In […]
Tonight at 21:00 We Will Follow the FED’s Interest Rate Decision… The interest rate decision will be announced at 21:00 at the FED meeting to be held tonight. Expectations are for an increase of 25 basis points. After the decision to be taken, we will follow the statements of FED Chairman Powell. As US regional […]
Retail Sales in Germany Didn’t Meet Expectations, Inflation Still Strong in Euro Zone… *JOLTS Job Opportunities data from the USA at 17.00 came in at 9.590M, falling short of expectations. Another data that came in the same hour was Factory Orders and this data was realized as 0.9%. The Reserve Bank of Australia (RBA) increased […]
While Europe and the UK were Closed, US Manufacturing PMI Was On The Agenda… * It has been announced that First Republic, one of the 3 important banks that went bankrupt in recent months, will be acquired by JP Morgan. *Expectations for the Fed’s interest rate decisions on Wednesday, May 3 and the ECB on […]