9,006.55 TRY BIST 100 BIST 100
34.24 USD USD USD
37.19 EUR EUR EUR
4.84 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
44.62 TRY Interest Interest
72.99 USD Fossil Oil Fossil Oil
33.70 USD Silver Silver
4.35 USD Copper Copper
103.78 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,067.38 TRY Gold (gr) Gold (gr)

Global markets all eyes on the USA inflation!

Global markets focused on inflation data from the USA. Expectations are for annual inflation in the USA to be 8.7 percent in July. If this rate is announced, inflation in the country will have regressed from the peak of 40 years.

Global markets all eyes on the USA inflation!

Global markets are eagerly awaiting the US's consumer inflation data for July.

According to economist surveys, the consumer price index in the USA is expected to increase by 0.2 percent on a monthly basis, which is the lowest level since January 2021, and by 8.7 percent on an annual basis, below the 9.1 percent announced in June.

Core CPI, on the other hand, is expected to increase by 0.5 percent monthly and 6.1 percent annually. Ahead of the data, Wall Street indices ended the day with disappointing financial results from another chip maker.

Micron Technology Inc. It predicted fourth-quarter sales to fall short of previous estimates, while the decline in chip demand has escalated recession concerns. The company's shares fell 6 percent for a while. The Philadelphia Stock Exchange Semiconductor index fell 4.6 percent.

The S&P 500 index, which carried its continuous decline to the 4th day, closed 0.42 percent and the Nasdaq 100 closed 1.15 percent negative.

The USA 2-year and 10-year bond yield gap continues to signal a recession at around 50 basis points, which is close to the highest level since 2000.

Dollar Index is flat at 1.271.

Asya'da Çin'in Temmuz ayı enflasyon oranı takip edildi. Ülkedeki tüketici enflasyonu, büyük ölçüde domuz eti fiyatları nedeniyle Temmuz ayında yüzde 2,7 ile iki yılın en yüksek seviyesine yükseldi. Beklenti yüzde 2,9 artış yönündeydi. Çin'de Temmuz ayında yıllık üretici enflasyonu yüzde 4,2 ile yüzde 4,9 olan beklentinin altında kaldı.

Japonya'da açıklanan üretici enflasyon verileri beklentilere yakın geldi. Asya'da hisse senedi endeksleri, teknoloji hisselerinin satışları ve Çin'de açıklanan beklenti altı enflasyon verileriyle dalgalandı. ABD vadeli endeksleri de düşüşte.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Swiss Steel Group board changes

Thursday, October 31, 2024

Per Elfgren appointed as new president of SSAB Special Steels

Wednesday, October 30, 2024

Analysis of last week's market situation

Monday, October 28, 2024

Salzgitter AG appoints Denecke-Arnold as new president of Salzgitter Flachstahl

Tuesday, October 22, 2024

EU steel industry sounds crisis alarm! EUROFER issues open letter

Thursday, October 17, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now