SHAFAQNA TURKEY – An intense macro data calendar for global markets and a critical week in which the company’s financial results will be announced have begun.
Fed to announce rates on Wednesday
While it is clear that the US Federal Reserve (Fed) will raise the discount rate by 25 basis points on Wednesday, the guidance in the policy text and statements by Fed Chairman Jerome Powell are important for asset prices.
While the European Central Bank (ECB) and the Bank of England (BoE) are expected to raise their policy rates by 50 basis points on Thursday, the two banks are expected to cut their rate hikes to 25 basis points since March.
New York Stock Market Rising
Due to these developments, the S&P 500 added 0.25%, the Nasdaq added 0.95% and the Dow Jones added 0.08% in the New York stock market on Friday. Futures for indices in the US started the new week with a decline.
While European stock markets were positive last week, the focus of investors is on the developments in the Russian-Ukrainian war and the dynamics of natural gas prices, as well as the decisions of central banks on Thursday.
Roadmap to become clear in China
Analysts note that the data to be announced in China this week can see the impact of the lifting of COVID-19 measures on the economy, and could also provide a clear roadmap for how the Chinese government will support the economy.
18,8080 USD per Turkish Lira
The dollar/Turkish lira pair, which closed on Friday at 18.8054 at a horizontal rate, is trading at 18.8080 at the opening of the interbank market today.
Analysts state that today abroad they will follow the index of confidence in the economy in the country, the gross domestic product (GDP) in Germany, the consumer confidence index in the Eurozone and the manufacturing industry index of the FRB Dallas in the USA.
Random Post
- Money flowing into the stock market could increase 200 times
- Cryptocurrency breathes after US inflation data
- Will the price of electricity or natural gas go up?
- The 15 Best Foods to Eat Before a Workout I TheLifeCo
- Emir of Qatar becomes first leader to visit Turkey after disaster – News Details
- “Crypto and blockchain are not separate from each other”
- Developed a device that detects Alzheimer’s disease in 6 minutes
- 6 tips to keep your memory healthy
- Nutrients Needed for Gaining Muscle Mass
- ASKON USA Trading Summit in New York – News Details