Service and Manufacturing Sectors Showed Growth in the USA… *While the Manufacturing Sector for October announced today in Germany increased from 39.6 to 40.7, the Services PMI decreased from 50.3 to 48.0. In the Eurozone, Manufacturing PMI decreased from 43.4 to 43.0, and Services PMI decreased from 48.7 to 47.8. *Employment Change for August, which we […]
US and UK Bond Rates Continue to Rise… *The Consumer Confidence Index for October, which we follow today in Turkey, increased from 71.5 to 74.6. Apart from this data, the Household Financial Situation Index increased from 56.2 to 59.7, the General Economic Situation Expectation Index increased from 68.0 to 72.9, and the Thoughts of Spending on […]
FED President Powell Will Make Statements at 19:00… *Unemployment benefits applications in the USA amounted to 198,000 last week. Expectations were for 212,000 applications. The fact that the data falls behind expectations indicates an improvement in employment. *The current account in the Eurozone had a surplus of 27.7 billion euros in August. In the previous data, there was […]
Inflation in the Euro Zone Met Expectations… *In England, the consumer price index increased by 0.5% on a monthly basis and 6.7% on an annual basis. Core inflation increased by 0.5% on a monthly basis and 6.1% on an annual basis. Monthly data came as expected. In annual data, there was an increase of 0.1 points above expectations. Inflation […]
Retail Sales in the USA Increased Above Expectations… *Retail sales in the USA increased by 0.7% in September, against the expectation of a 0.3% increase, and increased by 3.8% on an annual basis. Core retail sales increased by 0.6% on a monthly basis, against the expectation of a 0.2% increase. The positive announcement of the […]
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 […]