ECB President Lagarde’s Hawk Tone Marks The Day… As expected, the Swiss National Bank (SNB) increased the policy rate by 50 basis points from 0.50% to 1.00%. Thus, the Bank increased interest rates for the third time in a row, achieving a total increase of 175 basis points this year. In the statement, it was […]

We are waiting for the last FED meeting of the year… Inflation figures announced on Tuesday fed the moves against the US dollar before the Fed meeting. The US consumer price index rose 0.1% in November, slower than economists expected, and the headline CPI rose 7.1% in the 12 months to November – the slowest […]

“Soft Landing” Expectations Increased After US Inflation… “Soft Landing” Expectations Increased After US Inflation… Before the FED meeting decisions to be announced tomorrow, we followed the November inflation data from the USA at 16.30 (GMT+3) today. The data came as follows. USA – Consumer Price Index (November) (monthly): 0.1% (Exp: 0.3% ; Previous: 0.4%) USA […]

British Economy Outperformed Expectations in October… The UK economy grew by 0.5% on a monthly basis in October, slightly above the expectation of 0.4%. In the three-month period up to October, it contracted by -0.3%, contrary to the expectation of -0.4% contraction. Manufacturing and industrial production figures for October also came in better than expected. […]

Producer Price Inflation Increased More Than Expected in the USA… Producer price inflation in the USA, although it increased below the previous period on an annual basis in November, came above the expectations. (Annual) (Nov) Announced: 7.4% Expected: 7.2% Previous: 8.0% (Monthly) (Nov) Announced: 0.3% Expected: 0.2% Previous: 0.2% Core inflation came in above expectations. […]

Market Remains Stable As Critical Week Approaches… Weekly Unemployment Benefit Applications received from the USA at 16.30 during the day amounted to 230,000. The previous week’s data was also revised from 225,000 to 226,000. During the European session, major pairs priced narrowly due to the lack of significant data on the economic calendar. The cautious […]

China Takes Decision to Relax in Covid Policy… China announced earlier in the day that positive cases with mild symptoms or who are asymptomatic will be allowed to be quarantined at home instead of seven days. “No form of mobility control should be implemented,” the Chinese government said in a statement, explaining that batch PCR […]

The Difference Between US 2- and 10-Year Bond Spread Is Increasing… The calmness of the intraday data density and explanations was also reflected in the prices. In instruments traded in a narrow price range in general, EURUSD parity is above 1.05, Ounce Gold is at 1775 levels, USDJPY parity is stable in 136 region. While […]

Inflation Slowed Down in Turkey in November… According to the data announced by the Turkish Statistical Institute (TURKSTAT), consumer inflation (CPI) was 84.39 percent on an annual basis in November. CPI increased by 2.88 percent on a monthly basis. Annual inflation was recorded as 85.51 percent in October. In the same period, a slowdown was […]

Dollar Index Gains Value After Non-Farm Employment… The Producer Price Index (PPI) for October in the Euro Zone, announced today, came below the expectations and decreased by 2.9% month on month and increased by 30.8% year on year. The data was expected to decrease by 2.0% monthly and increase by 31.5% annually. In his speech […]