US Inflation Weakened But Core Side Issues Warning… *The Headline Consumer Price Index (CPI), which we tracked in the US for March, remained below the expectations, increasing by 0.1% monthly and 5.0% annually. The previous data was at the level of 0.4% monthly and 6.0% annually.Core CPI, on the other hand, did not weaken like […]
FED/Williams “Lower Interest Rates If Inflation Drops“ *In his speech today, New York FED President Williams said that they saw some slowdown in employment demand but still high, inflation still hovers above the 2% target, they should monitor inflation, retail sales and other data, there are policies towards a restrictive stance, bank failures He stated […]
Global Economy Slowing Down in Japan.. Ueda, the new head of the Bank of Japan (BOJ), said in his speech that large-scale monetary easing will continue, that negative interest rates are appropriate for now, that it is very possible to reach the sustainable price target as wage growth strengthens, and that he is aware that […]
While Unemployment Declines in the USA, Non-Farm Employment Remains Below Expectations… *In the USA, non-farm employment was expected to increase by 239,000 in March, while an increase of 236,000 was recorded. An increase of 311,000 was announced last month. The unemployment rate fell from 3.6% to 3.5%. Average hourly earnings, on the other hand, met […]
Many Products Will Be Closed To Transactions Tomorrow Due To Good Friday… *Tomorrow, many products will be closed due to Easter / Good Friday. At the same time, non-farm employment data will be released tomorrow in the USA. Due to the fact that the data is announced when the market is closed, market pricing may […]
PMI Data From Different Regions Over 50 Neutral Regions… *In Germany, Services PMI in March rose to 53.7 even though it was below the 53.9 expectation. The data was announced as 50.9 last month. Composite PMI rose to 52.6 as expected. The data was announced as 50.7 last month. *In the Euro Area, the Services […]
Producer Inflation Decreased in the Euro Zone… * In the Euro Area, PPI data for February decreased from 15.1% to 13.2% annually, while it was recorded as -0.5% from -2.8% monthly. Although the decrease in producer prices continued in monthly data, it slowed down in February. However, annual data remains high. * In his speech, […]
PCE Price Index Increase Rate Decreased in USA… *The UK’s fourth-quarter GDP, announced today, exceeded expectations and grew by 0.1% quarterly and 0.6% year-on-year. The data was expected to come in at 0.0% and 0.4%, respectively. The Housing Price Index, another data we follow in the UK, came in at -0.8% monthly and -3.1% annually, […]
US Economy Grows 2.6% in 2022… *The European Central Bank (ECB) released its monthly report today. In the report, it was stated that price pressures in the global economy continued to be high, that the strong labor market, increased confidence in the medium term and the recovery in real incomes could support the recovery in […]
ECB/Kazimir “We Should Continue to Increase Rates at a Slow Speed” In his speech today, European Central Bank (ECB) Member Kazimir said that they are ready to take steps to protect the financial stability and prices in the Euro Area, that he thinks that inflation will remain very high for a long time, that core […]