Mixed trend in global markets: All eyes in the country are on the CBRT's inflation report – Last Minute Economy News

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Fed by reducing the policy rate for the second time this year, within expectations 4,50-4,75 pulled into range.

FedIn the statement made by, It was stated that the latest indicators show that economic activity continues to expand at a solid pace..

In the statement, it was pointed out that labor market conditions have generally eased since the beginning of the year., It was reported that the unemployment rate increased but remained low.

In the statement, percent of inflation 2 Stating that although it is making progress towards its target, it continues to remain somewhat high., “Committee, It assesses that the risks to achieving employment and inflation targets are roughly balanced.” The expression was used.

Making statements after the meeting, Fed Chairman Jerome Powell, Reported that US presidential election will have no impact on policy decisions in the near term.

Powell, elected president of the USA Donald TrumpHe stated that he would not resign even if he asked him to leave office..

Powell stated that the economy is generally strong and has made significant progress towards its goals in the last two years., The labor market remains solid, even as it cools, He said inflation had eased significantly.

Powell, “With an appropriate readjustment of our policy stance, We remain confident that the strength in the economy and labor market can be maintained and inflation will fall sustainably to 2 percent.” he said.

Analysts emphasize that the signals received from Powell's messages at yesterday's meeting are important for macroeconomic stability., said the president refrained from making political comments.

Fed’in faiz Following the decision and Powell's statements, the Fed's changes in the pricing in the money markets 2024 At the last meeting of the year 25 Estimates for a further basis point interest rate cut are 78 probably priced.

On the other hand, According to data announced yesterday in the country, Number of people applying for unemployment benefits for the first time, 2 In the week ending November 221 Although it increased to 1,000, it was below market expectations.

Non-agricultural labor productivity in the country also increased by 10% in the third quarter of this year compared to the previous quarter. 2,2 increased less than expected with.

Consumer loans in the USA also increased in September 6 While it increased below expectations by billion dollars, 5,1 Reached a trillion dollar volume.

While it is seen that volatility in the markets has increased with these developments,, gold price per ounce yesterday, day 1,6 with rise 2 bin 704 completed from dollars. The ounce price of gold is currently 0,4 with decline 2 bin 694 traded in dollars.

of the USA 10 year maturity treasury bond after the Fed's interest rate decision 10 decreased by basis points and closed the day by 100 percent 4,33 While completing the level, The dollar index also increased by 1 percent yesterday. 0,6 After recording a decline, it followed a horizontal course into the new day. 104,5 started at level.

The barrel price of Brent oil increased by 100 percent at the closing. 0,2 while rising, percent on the new trading day 0,3 with depreciation 75 is traded at the dollar level.

While the Dow Jones index followed a horizontal course in the New York stock exchange yesterday, S&P 500 index percent 0,74 and Nasdaq index percent 1,51 rose. With this rise, S&P 500 index and Nasdaq index broke records yesterday. Index futures contracts in the USA started the new day with a negative trend.

While European stock markets followed a positive trend yesterday, except for the UK., Europe Central bankof (ECB) Uncertainties continue regarding the steps to be taken in the coming period..

CABINET CHANGE IN GERMANY

The Free Democratic Party, which left the coalition in Germany yesterday (FDP) New names were appointed to replace the ministers.

President Frank Walter Steinmeier at the ceremony held at Bellevue Palace, He gave his certificate of certificate to Jörg Kuckis, advisor to Prime Minister Olaf Scholz, who was appointed Minister of Finance.. 15 A minority government will remain in power in Germany until the vote of confidence in January.

With these developments, DAX in Germany yesterday 40 index percent 1,7, Fransa'da CAC 40 index percent 0,76 and FTSE MIB in Italy 30 index percent 0,13 while gaining value, FTSE in the UK 100 index percent 0,32 lost value. Index futures contracts in Europe started the new day with a positive trend.

On the Asian side, a negative trend was observed on the new trading day, except for Japan., The news flow that an incentive package will be announced to support growth on the Chinese side is noteworthy..

Uncertainties about whether the measures to be taken in China will be sufficient to counter the threat of higher tariffs during Donald Trump's second presidency are dampening the risk appetite of Chinese markets..

According to data announced today in the region, Household expenditures for September in Japan 1,1 While the decrease exceeded the predictions, Leading index for the period in question 109,4 It exceeded expectations with.

Nikkei in Japan near closing 225 index percent 0,1 while gaining value, Shanghai composite index in China percent 0,1, Hang Seng index in Hong Kong percent 0,5 and the Kospi index in South Korea 0,4 lost value.

Today, all eyes in the country are on the year to be announced by TCBM. 4. converted into inflation report.

CBRT, of the year 3. Inflation At the report meeting 2024 He predicted that inflation would eventually drop to 38 percent., 2025 ve 2026 their estimates as percentages respectively. 14 and percent 9 maintained at the level.

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