After FED, England Raised Interest Rate… We left the Fed meeting behind. While the meeting statement started as a dove, a hawkish image was formed in the statements of FED Chairman Powell. Powell stated that the rate of increase in interest rates may slow down provided that the data allow, and that in addition to […]

Which topics will we pay attention to at the FED Meeting? Today at 21:00 (GMT+3), we will learn the results of the FED meeting. FED Chairman Powell’s press release will be followed at 21:30. The Fed is expected to raise interest rates by 75 basis points. While this expectation has been bought in for a […]

Risk Appetite Recovers Slightly Before Tomorrow’s FED… We see that the risk appetite in global markets has come to the fore a little before the FED meeting decisions to be announced tomorrow evening at 21:00 (GMT+3). While there is a slight reaction in US futures stocks, we see a decrease in treasury yields. On the […]

Euro Zone’s Inflation and Growth Performance As ECB Thinks… Two days left until the FED meeting. When we look at the pricing, we see that the US 10-year bond yield continues to stay above 4%, while the EURUSD parity is again priced below 1.00 and in the 0.99 region close to the evening. Ounce Gold […]

US Core PCE Falls Under Expectation… The US Bureau of Economic Analysis announced on Friday that the Personal Consumption Spending Price Index remained unchanged at 6.2% year-on-year in September. Crucial to the Fed, the Core PCE Price Index rose to 5.1% year-on-year from 4.9% in August, compared to analysts’ forecast of 5.2%.   On a […]

ECB Meeting Fulfilled the Expectations As expected, the European Central Bank (ECB) increased interest rates by 75 basis points, raising the policy rate to 2%. The ECB caught up with the Fed in this regard by increasing interest rates by 75 basis points last month. In its statement, the ECB stated that it would continue […]

Dollar Index Drops to 4-Week Low… Data from the US on Tuesday revealed that housing prices fell faster than expected in August and consumer confidence deteriorated in October. While this data is not very market mover, it seems to be an excuse for investors to support the expectations of a less aggressive Fed policy tightening […]

Germany IFO Business Climate Survey: German Economy to Contract in the Fourth Quarter… According to the data announced by the CBRT, the real sector (manufacturing) confidence index increased by 0.4 points compared to the previous month and became 100.3 in October. When the diffusion indices of the survey questions that make up the index are […]

Leading Manufacturing and Services PMI Figures in the Euro Zone and the UK Indicate the Deepening of the Contraction in the Sectors… In the Eurozone and Germany, the largest economic power in the region, the leading S&P Global Manufacturing and services PMI surveys in October indicated that the situation in both sectors worsened and the […]

Fitch “Rising Interest Rates and Strong Dollar Hit the World Economy” Retail Sales in the UK, which we follow today, decreased more than expected and came in at -1.4% monthly and -6.9% year on year. Data was expected to decrease by -0.5% monthly and -5.0% annually. Core Retail Sales decreased by 1.5% and 6.2%, respectively. […]