Direction in Borsa Istanbul Depends on These Data
Direction in Borsa Istanbul Depends on These Data
This week will be very critical in Borsa Istanbul, especially in global markets. The reason is the leading school data and the central bank decisions to follow. Let’s not stretch the topic too much.
Data on the US economy will be released on Tuesday. Consumption is expected to decline to 7.3 percent annually. Personal opinion is that market expectations remain quite optimistic. The annual 7.7 percent of the previous month was announced. A decrease of 40 BP is expected this month. The evening you will remember was announced on Friday. The data came above expectation. Despite this, there was no sharp pullback in the US stock markets. The reason is because it’s being run from a 50 BP series game while it’s not happening in an annual series. There will be a decline in annual usage in the US if it doesn’t use a supernormal overlooked condition.
One data that matters more than the US crisis and the FOMC decision is dot plots. So what is this Dot Plots, a chart that records each Fed official’s central bank’s key short-term interest rate forecast. In other words, what to expect during the period when Fed officials spend the peak of the policy rate. When is it expected to start its discount adventure and what will be the interest rate in the long run. I got the answer on Wednesday. Markets will be particularly affected by these forecasts.
and finalizing in a short time as interest rate decisions do not have much impact on Borsa Istanbul. In the euro area, the siege data was already announced at the end of November. The leading direction is that the initiative will be announced as 10.00 percent in November, in parallel. After this data, we will meet the ECB’s interest rate hike. Prospects are a string of 50 BP sequences. As long as an extreme hawkish situation is not observed in the statements of the ECB and President Lagarde, its impact on the markets will be limited.
In England, on the other hand, annual precipitation in population. The annual decline of consumer consumption from 11.1 percent to 10.9 percent is consumed. The Bank of England’s interest rate decision is to increase to 3.50 percent with a series of 50 BP.
Note: In this article, the effect of mergers and decisions from central banks on .