US Employment Market Continues to Maintain Its Strength… The expected data of the week came today at 16.30(GMT+3). Let’s look at the details in the US Non-Farm Employment Report; Change in Non-Farm Employment: 311,000 (Previous: 504,000) Unemployment Rate: 3.6% (Previous: 3.4%) Average Hourly Earnings (monthly): 0.2% (Previous: 0.3%) Average Hourly Earnings (annual): 4.6% (Previous: 0.3%) […]

How Was The Market After Powell? The market continues to move in favor of the dollar in general, after Fed Chairman Powell’s hawkish tone-enhancing statements last night. While the parity is trying to seek support at 1.0530, where it declined rapidly yesterday, the Ounce Gold side is at 1810 levels. After yesterday’s announcements, it is […]

Coming Towards Evening, The Powell Hour Is About To Begin… We will follow Powell’s statements in the Senate presentation after 18.00 CEST. While the market is pricing the probability of the Fed’s interest rate hike by 25 basis points on March 22 as 75%, the probability of 22% is 50 basis points. We will carefully […]

Attention will be focused on the Bond Market and Disclosures…. This week, eyes will be on the bond market. The US 10-year bond yield, which had risen to 4.08% last week, dropped on the last trading day of the week. On the first trading day of the new week, the slight decline continues and declined […]

Inflation in Germany Is Higher Than Expected… Today, we followed the Manufacturing PMI data for February in Europe. Manufacturing PMI fell from 48.8 to 48.5 in the Eurozone and from 46.5 to 45.3 in Germany, while in the UK it rose from 49.2 to 49.3. Unemployment Rate for February, another important data announced in Germany, […]

The GDP of Switzerland Remained Below The Expectations… GDP in Turkey for the 4th quarter, which we are watching today, grew by 0.9% quarterly and 3.5% year-on-year. In the previous quarter, the economy contracted by 0.1% on a quarterly basis and grew by 3.9% on an annual basis. In 2022, while the GDP in dollar […]

Durable Goods Orders Decreased in the US… In Turkey, the Trade Balance for January, which we are watching today, increased by 38.4% and had a deficit of 14 billion 237 million dollars. In January, Exports increased by 10.3% to 19 billion 369 million dollars, while Imports increased by 20.7% to 33 billion 606 million dollars. […]

PCE Price Index Increases in the USA… In Germany, the GDP for the fourth quarter, announced today, fell short of expectations and shrank by 0.4% on a quarterly basis and grew by 0.3% on an annual basis. The economy was expected to contract by 0.2% quarter-on-quarter and grow 0.5% year-on-year. In his speech, German Central […]

CBRT Lowered Interest Rate As Expected… The Consumer Price Index (CPI) for January, which we track in the Euro Zone, decreased by 0.2% month on month as expected and increased by 8.6% year on year. In the previous data, CPI was -0.4% and 9.2%, respectively. Core CPI for January, on the other hand, decreased 0.8% […]

FOMC Meeting Minutes to be Announced… *FED FOMC Member Bullard said in his speech that the FED would have to increase the interest rate above 5% to stop inflation, that they thought they could pull inflation down while maintaining a strong labor market, that the markets may have overpriced the risk of recession in 2023, […]