The effects of central banks' decisions, concerns about the Omicron variant and the rise in energy prices are felt in global markets.
As of today, the central banks' final meeting decisions for 2021 are at the center of the investors' agenda.
In this context, the series of meetings that will start with the central banks of Pakistan, Hungary and Chile today will continue with the US Federal Reserve (Fed) tomorrow. In the second half of the week, the European Central Bank (ECB), the Bank of England (BoE), the Central Bank of the Republic of Turkey (CBRT) and the Bank of Japan (BoJ), as well as the Philippines, Switzerland, Indonesia, Taiwan, Egypt, Norway, Mexico, Colombia and Russia's central banks will announce their decisions.
UNCERTAINTY IN PRICING FOR INVESTORS
Analysts said that in the current environment, where the rise in inflation expectations increased the tightening pressures in monetary policies, the variants that emerged in the coronavirus epidemic left the central banks in a difficult position about the steps to be taken, and said that this situation created pricing uncertainty for investors.
While the New York stock market decreased with the decreasing risk appetite before the Fed decisions tomorrow, the Dow Jones index lost 0.89 percent, the S&P 500 index fell 0.91 percent and the Nasdaq index lost 1.39 percent. While the US bond yield fell from 1.51 percent yesterday to 1.4150 percent, it remains flat today. The dollar index, which closed at 96.3 levels with an increase of 0.3 percent yesterday, also moves horizontally in the narrow band of 96.3-96.5 today. It is seen that the index futures contracts of the USA also started the new day negatively.
DECREASE IN EUROPEAN EQUITY MARKETS
European stock markets fell, led by travel stocks, after British Prime Minister Boris Johnson stated that the Omicron variant is increasing rapidly in London and that a new wave should be prepared for. While the FTSE 100 index decreased by 0.83 percent in the UK and the CAC 40 index decreased by 0.70 percent in France, the DAX index in Germany closed horizontally. Euro/dollar parity is moving sideways at 1.1280 levels, after falling below 1.13 with a decrease of 0.3 percent yesterday. Index futures contracts in Europe, on the other hand, are following a selling course today.
ASIAN MARKETS ARE FALLING
It is noteworthy that Asian stock markets started the new day with a decline with the decreasing risk appetite globally. It is watching 3 drops.
DATA TO FOLLOW IN MARKETS TODAY:
10.00 UK unemployment rate for october
10.00 Turkey, November house sales
13.00 Euro Zone, October industrial production
16.30 US, November PPI
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