Capital Markets Board (CMB) decided to liquidate 131 funds managed by seven portfolio management companies. More than 455,000 investors are invested in these funds, while their total asset size is estimated at around TRY 800 billion....
THE S&P Global Manufacturing PMI rose to 57.0 in September, well above the market expectation of 53.6. The Global Services PMI stood at 58.7, while the Composite PMI reached 58.4, its highest level in five years.
THE Central Bank of the Republic of Türkiye (CBRT) released its September Sectoral Inflation Expectations. Among market participants, inflation expectations increased by 0.01 percentage points to 23.70%. Expectations among the real...
THE Consumer Confidence Index increased by 1.3% in September to 91.9. The strongest contributor to the increase was the rise in the tendency to purchase durable goods. This was driven by the intention to purchase a car, which reached its...
FEDERAL Reserve Governor Barr said that additional rate increases will probably be necessary to bring inflation back to the 2% target. Markets are pricing in around a 70% probability of a rate hike in October. At the same time, U.S....
capacity utilization rate rose to 74.2% in September. The rate had fallen to 73.5% in August, its lowest level since the COVID -19 pandemic. The Real Sector Confidence Index declined to 102.0. Nevertheless, the index remained in...
TUESDAY, 17:00: U.S. Consumer Confidence TUESDAY, 17:00: U.S. JOLTS Job Openings WEDNESDAY, 04:30: China Manufacturing PMI WEDNESDAY, 15:00: Germany CPI WEDNESDAY, 15:15: U.S. Core PCE FRIDAY, 15:30: U.S. Employment Data