PPI in the USA and CPI in Germany Announced… *Consumer inflation in Germany increased by 0.3% in September, as expected. Consumer inflation, which increased by 6.1% on an annual basis in the previous data, increased by 4.5% in September, in line with expectations. Although the 1.6 point decline in annual data draws attention, monthly increases continue to […]

Industrial Production Decreased on a Monthly Basis, Increased on an Annual Basis… *Villeroy from the European Central Bank said in his statement: “Despite the situation in Israel, we see a clear downward trend in inflation. Interest rates are currently at a good level. “At this point, further interest rate increases are not right,” he said. *While industrial […]

ECB and FED Members Continued Their Parallel Statements Today – German industrial production fell by -0.2% in August, worse than the expected -0.1%, and declined by -1.75% annually. – De Guindos of the European Central Bank cautioned that while he anticipates decreasing inflation in the coming months, concerns remain due to oil price fluctuations. He […]

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, […]

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 […]

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, […]

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 […]

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, […]

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 […]

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 […]