The US Economy Shrinked in the 2nd Quarter… GDP in the second quarter we followed in the USA contracted by 0.6% as expected. The US economy shrank 1.6% in the first quarter. Unemployment Benefit Applications, another important data announced at the same time in the USA, increased less than the expectation of 215 thousand and […]

ECB/Lagarde “We Will Keep Raising Rates“ President of the European Central Bank (ECB) Lagarde and ECB Members Rehn and Kazimir made assessments on the interest rate hike process in their speech today. Lagarde said they will continue to raise interest rates in the next few meetings, while Rehn said a serious rate hike should be […]

US Consumer Confidence Exceeded Expectation… In his speech today, Chicago Fed President Evans said that there will be a difficult interest rate environment for a while, the Unemployment Rate 4.5% is a very good result, the real interest rate may be 1.4% next spring, and the year-end consensus on the interest rate is between 4.25% […]

ECB/Lagarde “We Expect to Raise Interest Rates Further” We followed the Sectoral Confidence Indices for September in Turkiye today. In September, the Services Confidence Index rose from 116.2 to 118.2, the Retail Confidence Index rose from 112.9 to 115.9, and the Construction Confidence Index rose from 86.3 to 88.1. While the Real Sector Confidence Index, […]

US Dollar Sets to Close Week at New 20-Year High… All assets were literally crushed under the strength of the US Dollar on the last trading day of the week. The mode of buy US dollars and sell other assets was dominant in the market. Stock Exchange Global Stock indices, important major units, commodities such […]

Putin Rocks Markets Before Fed, Dollar Index Hits 20 Years… On the fourth trading day of the week, there is almost a Central Banks parade. While the effects of the Fed meeting last night continued, decisions from other major Central Banks increased volatility. Global markets started early in the morning with the interest rate decision […]

Putin Rocks Markets Before Fed, Dollar Index Hits 20 Years… The US Dollar Index jumped to a new two-year high after Russian President Vladimir Putin shook the markets ahead of a possible rate hike by the US Federal Reserve. When ordering Russia’s first mobilization since World War II, Putin claimed that the West’s aim was […]

Producer Inflation In Germany Rises To A Record Level… Producer inflation in Germany, the largest economy in the Euro Zone, increased above expectations in August. We can say that the 20.4% increase in energy prices is the main factor of the high inflation. The biggest producer price increase since 1949, when the data started to […]

US Bond Rates Rise Before Fed…. Fears about the global recession and geopolitical tensions affect the market on the first trading day of the critical week, when the interest rate decisions of major central banks, especially the Fed, the Bank of England and the Bank of Japan will be followed. Over the weekend, US President […]