07/02/2023 Evening Reports

FED/Kashkari: “We Are Determined To Lower Inflation” *European Central Bank (ECB) member Villeroy said in a statement that inflation is not far from the peak level and that he does not think it is necessary to choose between fighting inflation and avoiding a recession. * In his speech today, FOMC Member Kashkari said that the […]

06/02/2023 Evening Reports

US Treasury Secretary Yellen: “Inflation Remains High” *In the Euro Zone, the Construction PMI for January, announced today, rose from 42.6 to 46.1, and in Germany from 41.7 to 43.3. In England, there was a decrease from 48.8 to 48.4. Apart from these data, December Retail Sales, another important data we follow in the Euro […]

03/02/2023 Evening Reports

US Employment Data Draws Attention As Weekly Closing Approaches… Turkish Statistical Institute (TURKSTAT) announced inflation data for January. According to TURKSTAT data, consumer prices increased by 6.65% and producer prices increased by 4.15% in January. On a monthly basis, CPI reached its highest level in the last 9 months. Compared to January of the previous […]

02/02/2023 Evening Reports

BOE and ECB Raised Interest Rates After FED… German exports amounted to 127.4 billion Euros in December, down 6.3 percent compared to the previous month. Imports, on the other hand, decreased by 6.1 percent in December compared to the previous month and became 117.4 billion Euros. The foreign trade balance gave a surplus of 10 […]

01/02/2023 Evening Reports

Eyes on FED’s Interest Rate Decision at 22:00 (GMT+3)… Turkey Manufacturing PMI (Purchasing Managers Index) for January 2023 exceeded the threshold value after a 10-month gap and rose to 50.1. According to the Istanbul Chamber of Industry (ISO) report, most of the sectors increased their production and orders in January. While the most positive developments […]

31/01/2023 Evening Reports

Euro Zone Economy Grows 1.9… TURKSTAT published Foreign Trade data for December. Foreign trade deficit increased by 42 percent compared to the same month of the previous year and rose to 9.7 billion dollars. Looking at the year 2022 in general, it increased by 137 percent and rose to 109.5 billion dollars. According to another […]

30/01/2023 Evening Reports

German Economy Shrinked… According to the January data of the Turkish Statistical Institute (TURKSTAT), the Economic Confidence Index increased by 1.3 percent to 99.3. Although the index remained below the 100 threshold, it reached its highest level in the last 1 year. If the Economic Confidence Index is greater than 100, it indicates optimism about […]

27/01/2023 Evening Reports

Inflation Expectations Decreased in the USA… Inflation Expectations Decreased in the USA… US Personal Consumption Expenses (PCE) were announced today at 16:30. On an annual basis, the core index came in at 4.4% as expected. The previous figure was 4.7%. Reduction in expenditures will be an important factor that will positively affect inflation. A data […]

26/01/2023 Evening Reports

US Economy Growth by 2.6%… CBRT Chairman Şahap Kavcıoğlu made statements regarding the inflation report published today. In the statement made, he stated that the inflation rate in 2023 will be between 17.8 percent and 26.9 percent at the end of the year with a 70 percent probability, and between 4.0 percent and 13.7 percent […]

25/01/2023 Evening Reports

ECB Member Makhlouf “Required Rate Increases” Today, the Capacity Utilization Rate in Turkey was announced as 75.3% with a 1.2% decrease. Manufacturing Confidence rose from 97.8 to 101.7. In its statement, the CBRT stated that in the evaluations for the last three months, the trend in favor of those who reported an increase in their […]