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 […]

Manufacturing Sector in Europe Shrinked… Retail Sales in Germany for October decreased more than expected. Retail Sales decreased by 2.8% month on month and 5.0% year on year. Data were expected to decrease by 0.6% and 5.0%, respectively. In Europe, we followed the Manufacturing PMI data for November today. Manufacturing PMI shrank in Germany, the […]

Turkish Economy Grows by 3.9%… Turkey’s 3rd quarter GDP, announced today, shrank by 0.1% on a quarterly basis and grew by 3.9% on an annual basis. GDP had grown by 2.1% and 7.6% in the previous quarter, respectively. Financial and insurance activities and information and communication activities made the biggest contribution to the annual growth […]

Inflation Decreased in Germany… Exports, which we followed in October, were 21.33 billion dollars and imports were 29.20 billion dollars. After these data, the Trade Deficit was 7.87 billion dollars in October and 91.49 billion dollars in January-October. The Trade Deficit was $9.59 billion in September. TURKSTAT Economic Confidence Index, which is another data announced […]

Lagarde, President of the European Central Bank, gave a speech… In his speech today, European Central Bank (ECB) Member Knot said that the Eurozone economic growth may turn negative this quarter, that he does not expect a recession in the economy due to the positive economic data in Germany, that weaker economic growth is certain […]

Closing Thanksgiving Week… Due to the US Thanksgiving day, the market in the whole world passed in the form of “holiday mode” in general. It’s been a stagnant week on the news feed and data side. However, let’s take a brief look at the pricing. Oil side continued the decline it experienced last week, albeit […]