CBRT Ends Interest Rate Cycle… Today is Thanksgiving in the USA. Equity markets are closed and futures products also have early closings. Pricing in the market was generally calm due to the “holiday mode”. After the FED minutes released yesterday remained less hawkish, there is a decline in US bond yields. The US 10-year Treasury […]

We Will Follow the Minutes of the Fed Meeting Before Thanksgiving Day in the USA… The minutes of the FED’s November meeting will be released at 10:00 pm(GMT+3) this evening before Thanksgiving in the USA tomorrow. In the minutes, we will follow a possible discussion that interest rate expectations will rise in the dot plot […]

The News that Oil Production Will Increase Has Been Denounced By Qatar Today… Global markets remain calm during the US Thanksgiving week. The price movements are narrow and there is a generally flat market. The Dollar Index is 107, the EURUSD parity is at 1.0260 and the Ounce Gold side is priced in the 1750 […]

Thanksgiving Recession in Global Markets… Global markets started the new week with a slight decline in risk appetite and a slight recovery in the Dollar index. The Dollar Index reacted at 105.50 last week, rising to 107.25. Ounce of Gold is on the fourth day of its decline and has retreated to 1740 levels. The […]

European Central Bank President Lagarde: We Can Raise Interest Rates Until We Reach Inflation Target… European Central Bank President Christine Lagarde, in her speech at the conference she attended, said, “We expect interest rates to increase further. Withdrawal of monetary supports may not be enough. Interest rates are and will continue to be the main […]

Headline Inflation High in Euro Zone, But Slightly Below Expectations… *Even though the inflation in the Euro Area increased from 9.9% to 10.6% on an annual basis in October, it remained below the data market expectation of 10.7%. On a monthly basis, consumer inflation increased by 1.5%. *Eurozone Core inflation increased in line with expectations.-Core […]

UK Inflation Hits 41-Year High in October… In the UK, consumer inflation increased by 11.1% on an annual basis in October, above the expectations of 10.7%. On a monthly basis, inflation increased by 2.0%. Core inflation and producer inflation also exceeded expectations in the country. -Core Consumer Price Index (CPI) (Annual) Announced:6.5% Expected:6.4% Previous:6.5%          -Core CPI (Monthly) (Monthly) […]

A Brutal Day For The Dollar… Today is once again a brutal day for the US Dollar, which is down over 1% against currencies such as the Euro, Sterling, Aussie (Australian Dollar) and Kiwi (New Zealand Dollar). The post-CPI rally continues in global stock markets, and this situation puts pressure on the Dollar. US 10-year […]

The First Day of the Week Watched Calmly… Global markets started the new week calmly and close to last week’s closing levels, but there is a slight recovery trend on the US Dollar side as of midday. EURUSD parity declined slightly from 1.0365 resistance. Ounce Gold declined slightly from 1722 resistance and the US 10-year […]

ECB/De Guindos “Market Overreacts to US Inflation Rates”… Industrial Production in Turkey for September, announced today, decreased by 1.6% monthly and increased by 0.4% on an annual basis. Retail Sales, another important data announced at the same time, grew by 1.8% monthly and 9.7% annually. Apart from these data, the Current Account Balance, which we […]