06/10/2023 Evening Reports

Non-Farm Employment in the USA Reached Much Above Expectations… *Nonfarm Employment Change for September, announced today in the USA, came in much higher than the expectation of 170 thousand and increased by 336 thousand. The previous data was also revised from 187 thousand to 227 thousand. Apart from these data, the Unemployment Rate at 3.8% remained unchanged, […]

05/10/2023 Evening Reports

Market Update: ECB Member’s Inflation Outlook, US Economic Data, and Global Market Trends… *European Central Bank (ECB) Member Kazimir, in his speech today, said that the decline in inflation will extend a little, that he believes that the interest rate increase in September is the last, and that he confirms his expectations for core inflation […]

29/09/2023 Evening Reports

Retail Sales in Germany Decreased More Than Expected… – Retail sales in Germany fell by -1.2% in August, surprising expectations of a 0.5% increase. Yearly, it dropped by -2.3% instead of the expected -0.7%, suggesting effective policies to control inflation and spending. Germany’s unemployment rate remained stable at 5.7% in September. – In the Eurozone, […]

28/09/2023 Evening Reports

Financial Developments: Evergrande Founder’s Detention, German Inflation, ECB’s Caution, and US Economic Indicators *The shares of Evergrande company, which is at the center of the Chinese real estate crisis, were closed to transactions after the company’s founder was taken under police surveillance. *Inflation in Germany was as expected, with a 0.3% increase on a monthly […]

27/09/2023 Evening Reports

ECB and FED Members Made Statements That the Tightening Peak Has Not Been Reached Yet… *Germany GFK consumer confidence index decreased from -25.6 to -26.5. Expectations were at -26.0. *Elderson from the European Central Bank said in his statements: “Current interest rates will make a significant contribution to reaching our inflation target in the medium term. However, […]

26/09/2023 Evening Reports

US 10-Year Yields Renewed Their Rise at 4.56%… *After the Bank of Japan kept the interest rate constant at -0.10% last week. USDJPY parity, which accelerated its upward momentum, reached 149 levels today. Japanese Finance Minister Suzuki said that he is closely following foreign exchange movements with a great sense of urgency. *Simkus from the European Central […]

25/09/2023 Evening Reports

Statements Received From Many Officials Today… -BOJ President Ueda stated that the Japanese economy continues to recover moderately and that monetary expansion should continue. He stated that they aim for inflation to change gradually and the wage-inflation cycle to strengthen. -Kazaks from the European Central Bank said that the increase in September may pause in […]

22/09/2023 Evening Reports

BOJ Governor Ueda: “We will not hesitate to take additional monetary easing steps when necessary.” – The Bank of Japan (BOJ) maintained its -0.10% interest rate, with President Ueda stating they are ready to implement further monetary easing as needed. They also expressed uncertainty about achieving a 2% inflation target and didn’t outline a specific […]

21/09/2023 Evening Reports

Central Banks’ Decisions and Economic Outlooks Impact Global Markets… *The Central Bank of England made an unexpected move and decided to keep the interest rate constant at 5.25%. In the statements made regarding the decision, it was stated that the decision was made to keep inflation rates constant due to their recent decline, and that the […]

20/09/2023 Evening Reports

FED Will Announce Its Interest Rate Decision Tonight at 21:00… *August inflation in the UK increased by 0.3%, while it increased by 6.7% on an annual basis. Core inflation increased by 0.1% monthly and 6.2% annually. The data generally showed an increase below expectations. However, inflation still continues its strong course. Following the announced data, there were downward reactions […]