Euro assets, which have been under pressure by the IMF in the past few days following warnings about Greece's economic situation, continued to lose with the fact that the production PMI figures we followed from Europe yesterday remained below expectations. The Fed / FOMC decisions were followed in the evening, while the manufacturing PMIs from the United States were also showing in reality below the forecast. The agency has made any changes in interest rates in parallel with market recommendatio…
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EURusd overview
Remarks from European Central bank officials and Italian Economy Minister Giovanni Tria over the past week have led to volatile movements on the parite side. In his speech on monetary expansion and interest rates, Mario Draghi, the Head of the European Central Bank, who first made accurate statements earlier in the week, put pressure on Euro assets to sell. In addition, the Austrian Central Bank President and ECB Board Member Ewald Nowotny, the French Central Bank President and ECB Board Member …
EURusd overview
In Italy, the coalition talks, which have remained uncertain for days, reached a happy end. Last Friday, the 5-star movement and the Northern League Parties, which reached an agreement on the new cabinet, formed the new government under the leadership of Giuseppe Conte. Although the parties ' agreement on the coalition eliminates political uncertainty, the steps that these two parties will take in the future will be critical, known for their anti-EU and populist rhetoric. In Spain, the other pro…
EURUSD overview
Yesterday, while intensive in terms of data flow, retail sales announced in Germany did not meet expectations on a monthly basis. In addition, the country's leading inflation figures were followed, while the monthly forecasts on the basis of good realization was seen here. On the other hand, in the reports of the Italian elections, the right-wing bloc, which won the election, said it could form a minority government, while di Maio, the leader of the 5 star movement, known for its opposition to t…
EURusd overview
On Tuesday, the Fed President Jerome Powell's presentation on monetary policy and economy in the House of Representatives shows the Hawks ' attitude in the market, and today the Senate's presentation will be followed. On the other hand, important data from the United States was followed yesterday. 4. While the quarterly GDP change was revised in line with expectations, the first calculation was below 0.1 percent. The Chicago Purchasing Managers Index was announced at 61.9 percent below expectati…