PMI Data From Different Regions Over 50 Neutral Regions… *In Germany, Services PMI in March rose to 53.7 even though it was below the 53.9 expectation. The data was announced as 50.9 last month. Composite PMI rose to 52.6 as expected. The data was announced as 50.7 last month. *In the Euro Area, the Services […]

Producer Inflation Decreased in the Euro Zone… * In the Euro Area, PPI data for February decreased from 15.1% to 13.2% annually, while it was recorded as -0.5% from -2.8% monthly. Although the decrease in producer prices continued in monthly data, it slowed down in February. However, annual data remains high. * In his speech, […]

PCE Price Index Increase Rate Decreased in USA… *The UK’s fourth-quarter GDP, announced today, exceeded expectations and grew by 0.1% quarterly and 0.6% year-on-year. The data was expected to come in at 0.0% and 0.4%, respectively. The Housing Price Index, another data we follow in the UK, came in at -0.8% monthly and -3.1% annually, […]

US Economy Grows 2.6% in 2022… *The European Central Bank (ECB) released its monthly report today. In the report, it was stated that price pressures in the global economy continued to be high, that the strong labor market, increased confidence in the medium term and the recovery in real incomes could support the recovery in […]

ECB/Kazimir “We Should Continue to Increase Rates at a Slow Speed” In his speech today, European Central Bank (ECB) Member Kazimir said that they are ready to take steps to protect the financial stability and prices in the Euro Area, that he thinks that inflation will remain very high for a long time, that core […]

US Trade Deficit Rises… Bank of England (BOE) Governor Bailey said in a statement today after growing concerns about the global banking sector that guaranteeing all bank deposits should not be the norm. . In his speech, European Central Bank (ECB) Member Muller stated that headline inflation continues to cause concern, that they should still […]

Manufacturing and Service Confidence Increased in Turkey… The IFO Business World Index for March, which was announced today in Germany, improved from 91.1 to 93.3. In the evaluation made by the IFO economist, it was stated that the export expectations in the industrial sector decreased slightly, the proportion of enterprises that wanted to raise prices […]

The Bank of England (BOE) Raised The Interest Rate The Swiss National Bank (SNB) raised the interest rate by 50 basis points to 1.50%, as expected, at its meeting today. In the statement made, it was stated that the possibility of additional interest rate hikes was not ruled out, that they were ready to intervene […]

The FED Is At 21.00(GMT+3) and It Might Be An Evening To Be Careful… In the UK, the Consumer Price Index (CPI) for February, which we follow today, exceeded the expectations and increased by 1.1% monthly and 10.4% annually. Core CPI also beat expectations, rising 1.2% and 6.2%, respectively. In the previous data, annual CPI […]

Yellen “The Measures Taken Reduced the Risk of Collapse of Other Banks” The Zew Economic Index for March, announced today in Germany and the Euro Zone, was below expectations. The data fell to -46.5 in Germany and 10.0 in the Eurozone. In the assessment, it was stated that international financial markets are under pressure, the […]