Core Inflation Continues to Worry in the US… In the September inflation data announced in the USA, both headline and core inflation came in above expectations. Especially on the Core Inflation side, there is a strong monthly and annual increase, showing that inflation is sticky. USA – CPI (MoM) 0.4% (Previous: 0.1%) US – CPI […]

PPI Data in the USA Made Tomorrow’s CPI Even More Important! We welcomed the day with the UK’s economic growth and industrial production data. In the UK, economic growth continues to weaken on a monthly and annual basis. It was -0.3% monthly and 2% annually. We also saw negative changes in Industry and Manufacturing production […]

We Will Follow the Statements of FOMC Members… In Turkey, the current account balance for the month of August, which was announced today, gave a deficit of 3.11 billion dollars. The Current Account Balance for July had a deficit of 4.93 billion dollars. After the August data, the 12-month Current Account Deficit rose from 36.59 […]

Data on One Side, Bombs on Another… The first trading day of the new week passed with the news of the bombing of Kyiv, the capital of Ukraine, and its surroundings. In retaliation for Ukraine’s bridge explosion in Crimea, Russia bombed several points in and around Kyiv in the morning. Even though wheat futures went […]

Non-Farm Employment Increases More Than Expected in the USA… US Non-Farm Employment (TDI) increased by 263,000 in September, according to data released Friday by the US Bureau of Labor Statistics. The market expectation was that there would be an increase of 250 thousand. Unemployment Rate decreased from 3.7% to 3.5%. Average hourly earnings increased by […]

Recovery Trend in US Dollar Index Continues… The European Central Bank (ECB) published the minutes of its September monetary policy meeting, in which it increased interest rates by 75 basis points. According to the minutes, it was stated that the depreciation of the Euro could increase the inflationary pressure for the Euro Area. While many […]

Expected Discount From OPEC, US Data Going Well… The decision to reduce 2 million barrels per day came out of the OPEC+ meeting. These expectations were included in the bulletins and reports in the previous days, as a result of which oil prices reacted. Oil prices remained stable after the decision. The next meeting will […]

US Dollar Index Continues to Fall… The decline in the US September ISM Manufacturing PMI index, which was announced on Monday, beyond the expectations and the continuing contraction in the manufacturing sector, triggered the pricing against the US Dollar. While the dollar index sees 110 levels today, US futures stock indices are buying. On the other […]

Inflation In Turkey Increased By 83.45% On An Annual Basis From September… According to the data announced by TURKSTAT, the change in CPI in September 2022 is 3.08% compared to the previous month, 52.40% compared to December of the previous year, 83.45% compared to the same month of the previous year and twelve-month averages. compared […]

Euro Zone Inflation Rises To Double Digits… Exports in Turkey for the month of August, announced today, were 21.34 billion dollars, and imports were 32.53 billion dollars. With this data, the Trade Balance gave a deficit of 11.19 billion dollars. Exports for the January-August period were 165,608 billion dollars, and imports were 239.43 billion dollars. […]