US President Donald Trump, while following the developments in trade wars, today trump will leave the World Trade Organization news about the dollar assets have created anxiety. When we look at the data from the country, PCE figures are parallel to expectations on a monthly and annual basis, while Core personal consumption expenditures were 0.2 per cent on a monthly basis and 2.0 per cent on a yearly basis. The expectations of the data were 0.2 percent and 1.9 percent respectively. On the Britis…
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GBPusd overview
We see that the upward momentum in Sterling assets continues today, with some of the most prominent voices in the decisions of the Central Bank of England's Monetary Policy Committee and the triumph of the Brexit bill voted in parliament by British Prime Minister Theresa may. However, despite the positive developments about Brexit in recent days, it is still worth noting that the uncertainties of Brexit continue in the country. For this reason, it is important to keep an eye out for possible exp…
Brent oil
British Petroleum (BP), 2018 World Energy statistics view and recent reports compiled according to the U.S., oil and petroleum products production in the summit took place last year. According to the report, the United States was the world's largest producer of oil and oil products for four consecutive years. In January 2017, Saudi Arabia and Russia, which went to restrict crude oil production levels to lower the supply surplus in the global oil market, dropped oil production last year. The eyes…
EURusd overview
Yesterday industrial production figures from the euro zone remained well below the expected figures in the market, showing that economic disruptions continue. Although recent bad data from Europe has caused market-side concerns, expectations for a definitive step in the bond buying program at the ECB meeting today and the decline in Italian Bond interest rates have had a positive impact on euro assets. On the US side, the FED/FOMC decisions were followed by an interest rate increase of 25 basis …
EURUSD overview
The European Central Bank (ECB) has recently announced that after significant announcements from officials about the bond buying program, expectations that the Bank may take significant steps towards the purchase of assets at the next meeting are causing positive prices on euro assets. On the other hand, Italy and Spain are currently supporting the euro side in positive news from the political arena. However, developments from countries should be closely monitored. On the US side, while tensions…
EURUSD overview
In April, as announced in the euro zone today, retail sales fell below expectations, while the country's service Purchasing Managers Index fell below expectations. When we look at the PMI figures from Germany, it was explained in parallel with the forecasts in general. After bad data from the region during the day, the pair retreated on the side. In Italy, on the other hand, while the coalition government formed by two parties known as populist rhetoric was expected to vote on confidence, the jo…
EURUSD overview
On Friday, shallow prices were seen in the US and European countries due to Easter holidays. Today, again, the European side of the holiday due to any economic data is not announced in the U.S. Resource Management Institute will be announced by the manufacturing Purchasing Managers Index (PMI) and Markit will come by the production Purchasing Managers Index (PMI) data may be important. In trade wars, the moderate approaches of the two countries were followed last week. Finally, at the end of the…
Brent oil overview
This week, the rise in both the API stock and the EIA stock, while the U.S. today announced yesterday due to Easter holidays, the number of wells drilling Baker Hugo, 6 well fell as 798 took place. We will remember that the number of well described 804 with the record levels reached as TR. News flow ISE International Investment Bank J. P Morgan was one of the most significant co-ordinates that with the rise in rock gas production in the United States, prices could go down to $ 50 by the end of n…
EURUSD overview
The rate of employment and staff change (JOLTS) estimated at 5 million 950,000 in the U.S. yesterday was announced at 5 million 811,000 in December. 5 million 879 thousand realized in November data was revised as 5 million 978 thousand. The country's trade balance, with a deficit of 53 billion 100 million, suffered the worst realization of the last 9 years. On the other hand, St.“Recent employment market data may not be a signal to accelerate inflation,” said James Bullard, President of the Fed.…
EURUSD parity overview
EURUSD keeps its volatility low after the Fed's decision. The Fed is relatively optimistic on the inflation side, keeping us interest rates above 2.70, and the March meeting is signaled for interest-raising. We are in an important week in terms of parity and data flow will be busy today&tomorrow. Technical support for 1.2360 and 1.2300 retracements can be followed even if we monitor a tiredness.