ECB/Kazaks “Interest Rates Should Continue to Increase“ Industrial Production, which we tracked for November in the Euro Zone, exceeded the expectations and increased by 1.0% monthly and 2.0% annually. Data was expected to increase by 0.5% on a monthly and yearly basis. Germany’s GDP, on the other hand, grew by 1.9%, exceeding the expectations of […]
Dollar Index Loses Value as Inflation Declines in the USA… Retail Sales in Turkey, which we tracked in November, increased by 1.5% month on month and 12.1% year on year. Data rose 1.4% and 9.5%, respectively, in October According to the Expectations Survey announced by the European Central Bank, the increase in inflation for the […]
ECB/Holzmann “Interest Rates Will Have to Increase Significantly” In Turkey, the Current Account Balance for November, announced today, posted a deficit of $3.67 billion, more than expected. The data was expected to give a deficit of 3.27 billion. Following this data, the Current Account Deficit for the January-November period became 41.81 billion dollars. In his […]
Fed Chairman Powell “High Inflation May Require Unpopular Measures” Unemployment Rate in Turkey for November, announced today, remained unchanged at 10.2%. While the Number of Unemployed was 3,576 million people in November, the Labor Force Participation Rate was 54.1%. Apart from these data, Industrial Production, which is another important data we follow, decreased by 1.1% […]
Dollar Index Loses Value With FED Expectations… Industrial Production in Germany for November, which was announced today, increased by 0.2%, exceeding the expectations. The data was expected to increase by 0.1%. Industrial Production decreased by 0.4% on an annual basis. Apart from this data, the Unemployment Rate in November, which we tracked in the Euro […]
US Employment Market Closed 2022 Strongly! In the December period of the US Non-Farm Report, the employment market continued to gain strength, with earnings slowing on a monthly and annual basis. The Dollar Index’s FIRST reaction was slightly negative, despite the strong job market, as earnings slowed. However, a reversal was observed in the initial […]
Good US Employment Data, All Eyes Will Be on Official Non-Farm Data Tomorrow… The job market in the US remains strong. ADP Non-Farm Employment, which came in today at 16.15, was announced quite high compared to both expectations and the previous month. US ADP Non-Farm Employment Change: 235,000 (Exp. 150,000 ; Previous: 127,000) ADP chief […]
We Will Follow FED Minutes In The Evening… The US Dollar Index started to give back its gains one day after making a very positive start to the new year. Before the minutes of the FOMC meeting at 22:00 (GMT+3), we see that the movements on the Dollar side are getting a little better. The […]
Dollar Index Starts 2023 Positively… While recovery efforts were seen in the Dollar Index in intraday pricing, the rise in Ounce Gold and bonds also drew attention with this pricing. While the US 10-year bond was purchased, its yield decreased to 3.75% inversely. US 2 and 10-year bond interest spreads increased to 60 basis points […]
After Tomorrow, the holiday mood in the markets will start to end slowly… On the first trading day of the new year, almost all commodities, metals and stock markets were closed and we had a day when only parities were open. The European market was open and the Manufacturing PMI from Germany fell from the […]