Global Economic Insights: Inflation Trends, Trade Surplus, and Market Movements… *In his speech, Pill from the Bank of England said, “Falling inflation is not enough to say that the job is over. We are committed to reaching the 2% Target, but we still have work to do. “We never want to overdo the tightening.” He made his statements. […]

Geopolitical Risks Caused Sudden Rises in the Gold and Oil Markets… *With the rise in tension in the Israel-Hamas war and the increase in geopolitical risks, there are sudden increases in the gold and oil markets. While the ounce of gold rose to the level of 1919 $, the gram gold rose to the level of […]

Inflation Continues to Remain Strong in the USA… In September, US headline inflation exceeded expectations, growing by 0.4% monthly and 3.7% annually, while core inflation met expectations at 0.3% monthly and 4.1% annually. UK GDP showed expected growth of 0.2% monthly and 0.5% annually in August. However, UK industrial and manufacturing production fell below expectations, […]

PPI in the USA and CPI in Germany Announced… *Consumer inflation in Germany increased by 0.3% in September, as expected. Consumer inflation, which increased by 6.1% on an annual basis in the previous data, increased by 4.5% in September, in line with expectations. Although the 1.6 point decline in annual data draws attention, monthly increases continue to […]

Industrial Production Decreased on a Monthly Basis, Increased on an Annual Basis… *Villeroy from the European Central Bank said in his statement: “Despite the situation in Israel, we see a clear downward trend in inflation. Interest rates are currently at a good level. “At this point, further interest rate increases are not right,” he said. *While industrial […]

ECB and FED Members Continued Their Parallel Statements Today – German industrial production fell by -0.2% in August, worse than the expected -0.1%, and declined by -1.75% annually. – De Guindos of the European Central Bank cautioned that while he anticipates decreasing inflation in the coming months, concerns remain due to oil price fluctuations. He […]

Non-Farm Employment in the USA Reached Much Above Expectations… *Nonfarm Employment Change for September, announced today in the USA, came in much higher than the expectation of 170 thousand and increased by 336 thousand. The previous data was also revised from 187 thousand to 227 thousand. Apart from these data, the Unemployment Rate at 3.8% remained unchanged, […]

Market Update: ECB Member’s Inflation Outlook, US Economic Data, and Global Market Trends… *European Central Bank (ECB) Member Kazimir, in his speech today, said that the decline in inflation will extend a little, that he believes that the interest rate increase in September is the last, and that he confirms his expectations for core inflation […]

Retail Sales in Germany Decreased More Than Expected… – Retail sales in Germany fell by -1.2% in August, surprising expectations of a 0.5% increase. Yearly, it dropped by -2.3% instead of the expected -0.7%, suggesting effective policies to control inflation and spending. Germany’s unemployment rate remained stable at 5.7% in September. – In the Eurozone, […]

Financial Developments: Evergrande Founder’s Detention, German Inflation, ECB’s Caution, and US Economic Indicators *The shares of Evergrande company, which is at the center of the Chinese real estate crisis, were closed to transactions after the company’s founder was taken under police surveillance. *Inflation in Germany was as expected, with a 0.3% increase on a monthly […]