Dollar Index Gains Value After US Data… In the UK, the GDP we track for the third quarter fell short of expectations, shrinking by 0.3% on a quarterly basis, while growing by 1.9% on an annual basis. The economy was expected to contract by 0.2% on a quarterly basis and to grow by 1.9% on […]

While Consumer Confidence Increases in the USA, Home Sales Decrease… The Consumer Price Index (CPI) for November, which we tracked in Canada, exceeded the expectations and increased by 0.1% monthly and 6.8% annually. The data was expected to come in at -0.1% and 6.7%, respectively. Core CPI, on the other hand, remained unchanged at 0.0% […]

Markets Moved With Japan’s Interest Rate Decision… While the Bank of Japan (BOJ) did not change the interest rate at -0.10% as expected at the meeting held today, it increased the yield band for Japanese Government Bonds from 25 basis points to 50 basis points. After the decision, BOJ Chairman Kuroda said that they will […]

“ECB Will Increase Interest Rates Further” The IFO Business World Index for December, announced today in Germany, rose from 86.3 to 88.6. In the statement made, it was stated that the probability of recession decreased after today’s data, business confidence improved in almost all sectors and 57% of the business world complained about the bottleneck […]

Şahin Post-ECB Members Also Give Their Messages… On the last trading day of the week, an image is drawn in favor of the mild Dollar Index, and it is a day full of statements and economic data by the ECB. Final inflation in the Eurozone for November was announced as 10.1% annually. Core annual inflation […]

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. […]