BOJ Statements Are On The Agenda As FED Members Enter Blackout… As we close the week, our eyes were on the US 10-year bond yield, Ounce Gold and Dollar Index. The US 10-year bond yield, which declined to 3.32% during the week, has been reacting since yesterday and has reached 3.5% again today. The US […]

ECB Minutes and Lagarde Falcon Tone Keeps Defending… ECB President Lagarde made statements as if to reaffirm his determination that the European Central Bank will continue its tightening policy. In today’s speech, Lagarde was asked why he was unable to persuade the market about the tightening policy, “asking market participants to reconsider their positions.” He […]

US Data Continued Weakening Dollar Index… The key data from the US during the day included the Producer Price Index and Retail Sales. USA – PPI (monthly): -0.5% (Previous: 0.2%) USA – PPI (annual): 6.2% (Previous: 7.3%) USA – Core PPI (monthly): 0.1% (Previous: 0.2%) USA – Core PPI (annual): 5.5% (Previous: 6.2%) When we […]

Our Attention Will Be On The Bank Of Japan Towards Morning! Although the economic data for the 4th quarter from China in the Asian session last night was above the expectations, it clearly showed the slowdown trend. This slowdown of China, which repeated the Covid closures in the last quarter of 2022, is extremely normal. […]

Davos and the Bank of Japan Could Be Important This Week… The markets will be closed on the first trading day of the new week, as it is Martin Luther King Day in the USA. Early closing is expected for many futures instruments. The Bank of Japan meeting will take place this Wednesday morning. BOJ […]

ECB/Kazaks “Interest Rates Should Continue to Increase“ Industrial Production, which we tracked for November in the Euro Zone, exceeded the expectations and increased by 1.0% monthly and 2.0% annually. Data was expected to increase by 0.5% on a monthly and yearly basis. Germany’s GDP, on the other hand, grew by 1.9%, exceeding the expectations of […]

Dollar Index Loses Value as Inflation Declines in the USA… Retail Sales in Turkey, which we tracked in November, increased by 1.5% month on month and 12.1% year on year. Data rose 1.4% and 9.5%, respectively, in October According to the Expectations Survey announced by the European Central Bank, the increase in inflation for the […]

ECB/Holzmann “Interest Rates Will Have to Increase Significantly” In Turkey, the Current Account Balance for November, announced today, posted a deficit of $3.67 billion, more than expected. The data was expected to give a deficit of 3.27 billion. Following this data, the Current Account Deficit for the January-November period became 41.81 billion dollars. In his […]

Fed Chairman Powell “High Inflation May Require Unpopular Measures” Unemployment Rate in Turkey for November, announced today, remained unchanged at 10.2%. While the Number of Unemployed was 3,576 million people in November, the Labor Force Participation Rate was 54.1%. Apart from these data, Industrial Production, which is another important data we follow, decreased by 1.1% […]

Dollar Index Loses Value With FED Expectations… Industrial Production in Germany for November, which was announced today, increased by 0.2%, exceeding the expectations. The data was expected to increase by 0.1%. Industrial Production decreased by 0.4% on an annual basis. Apart from this data, the Unemployment Rate in November, which we tracked in the Euro […]