US Dollar Under Heavy Selling Pressure After Surprise US Inflation Data… Unemployment Rate in Turkey in September, which we are watching today, rose from 9.6% to 10.1%. The number of unemployed increased from 3.312 million to 3.482 million. The Labor Force Participation Rate decreased from 53.0% to 52.9% and the Employment Rate decreased from 47.9% […]

Republicans Lead the House of Representatives in the US Midterm Elections… According to the results of the survey announced by the European Central Bank (ECB), consumer inflation expectations for the next 12 months increased from 5.0% to 5.1%, economic growth expectations decreased from -1.7% to -2.4% and Unemployment Rate expectation % It went from 11.9 […]

Congressional Elections to be Held Today in the USA… European Central Bank (ECB) Member De Guindos said in his statement on the interest rate increase process that they will continue to raise interest rates to a level that will allow inflation to return to the definition of price stability, this level will depend on future […]

European Central Bank Member Villeroy “Interest Rate Increases Should Continue” Industrial Production in Germany for September, which was announced today, increased by 0.6%, above the expectation of 0.2%. Industrial Production increased by 2.6% on an annual basis. Apart from this data, Construction PMI announced for October increased to 43.8 from 41.8. However, since the data […]

After FED, England Raised Interest Rate… While the headline employment change in the US Non-Farm Employment Report, which was announced at 15:30(GMT+3), was above the expectations, slight slackening was observed in the sub-headings of the data. -USA – Non-Farm Employment Change: 261,000 (Expected: 200,000 ; Previous: 315,000) -USA – Average Hourly Earnings (monthly): 0.4% (Exp: […]

After FED, England Raised Interest Rate… We left the Fed meeting behind. While the meeting statement started as a dove, a hawkish image was formed in the statements of FED Chairman Powell. Powell stated that the rate of increase in interest rates may slow down provided that the data allow, and that in addition to […]

Which topics will we pay attention to at the FED Meeting? Today at 21:00 (GMT+3), we will learn the results of the FED meeting. FED Chairman Powell’s press release will be followed at 21:30. The Fed is expected to raise interest rates by 75 basis points. While this expectation has been bought in for a […]

Risk Appetite Recovers Slightly Before Tomorrow’s FED… We see that the risk appetite in global markets has come to the fore a little before the FED meeting decisions to be announced tomorrow evening at 21:00 (GMT+3). While there is a slight reaction in US futures stocks, we see a decrease in treasury yields. On the […]

Euro Zone’s Inflation and Growth Performance As ECB Thinks… Two days left until the FED meeting. When we look at the pricing, we see that the US 10-year bond yield continues to stay above 4%, while the EURUSD parity is again priced below 1.00 and in the 0.99 region close to the evening. Ounce Gold […]

US Core PCE Falls Under Expectation… The US Bureau of Economic Analysis announced on Friday that the Personal Consumption Spending Price Index remained unchanged at 6.2% year-on-year in September. Crucial to the Fed, the Core PCE Price Index rose to 5.1% year-on-year from 4.9% in August, compared to analysts’ forecast of 5.2%.   On a […]