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 […]

Important Data Announced in the Euro Zone, Germany and the USA… *Gross domestic product (GDP) in Germany was expected to grow by 0.3% in the first quarter, while a contraction of -0.1% was recorded. A growth of 0.2% was recorded compared to the same quarter of the previous year, and the growth expectation of 0.8% […]

CBRT Didn’t Change Its Policy Rate Decision… *In the Euro Area, service sector confidence increased from 9.6 to 10.5, while industrial sector confidence decreased from -0.5 to -2.6. * It was announced that the US economy achieved 1.1% economic growth in the 1st quarter of 2023, resulting in a growth rate below the 2% growth […]

US Trade Deficit Decreased, Durable Goods Orders Increased… *Durable Goods Orders in the US came in at 0.3% in March versus negative expectations of -0.2%. The data was announced as -0.3% last month. Core Durable Goods Orders came in at 3.2%, above the 0.7% expectation. The data was announced as -1.2% last month. * In […]

ECB/Villeroy, “Inflation Will Probably Drop To 2% By The End Of 2024.” *Swiss Trade Balance posted a surplus of CHF 4.53 billion (Swiss francs) in March, surpassing the expectations of CHF 3.49 billion. *US President Joe Biden announced that he will run again in the 2024 elections. *Broadbent of the Bank of England (BOE), “if […]

Capacity Utilization Rate and Manufacturing Confidence Increased in April… *In the Ifo business confidence data released in Germany, the Business Climate Index rose to 93.6 with an increase of 0.4 compared to the previous month, even though it was below the expectation of 94 in April. Operating Expectations rose to 92.2 from 91, beating expectations […]