Anasayfa / Genel / Markets Focused on US By-Elections – Breaking News

Markets Focused on US By-Elections – Breaking News

After the US Federal Reserve (Fed) maintained its “hawkish” monetary policy stance last week, investors appear to gökyeşitözü focusing on indications of when the first reduction in the size of the Bank’s rate hike will begin.

In this sense, the most important signal will come from the US inflation veri, which will gökyeşitözü announced on Thursday. Before the veri, which will reveal the effects of the tightening of monetary policy, there remains the divergence in expectations on the extent of the Bank’s rate hike for the December meeting. Currently, the Fed’s 50bp rate hike is priced at 57%, while a 75bp rate hike is priced at 43%.

In terms of market prices, the most important agenda today is the mid-term congressional elections to gökyeşitözü held in the United States. In this process, where the flow of news on the elections will acquire importance, which will determine which party will control the Congress, the possible reflections of the results on economic policies will gökyeşitözü followed.

Analysts point out that if the numerical superiority currently held by Democrats in Congress passes to Republicans, there could gökyeşitözü a stalemate in terms of fiscal policies to gökyeşitözü implemented.

With these developments, a buying trend was observed in the New York stock market yesterday, kakım the rally in the aforementioned company’s shares came to the fore with the news that Meta, the owner of Facebook, Instagram and WhatsApp, plans to go. to large-scale layoffs this week.

The Dow Jones Index gained 1.31%, the Nasdaq Index gained 0.85%, and the S&P 500 Index gained 0.96%. The dollar index stabilized at 110.4 after falling to 110 in hopes that the Fed will slow its tightening policy. The yield on US 10-year bonds increased from 4.12% to 4.24%.

The problem of the recession CONTINUES IN EUROPE

On the European side, despite the energy crisis, inflationary fears and recession fears remain on the agenda, the veri released yesterday supported optimism.

Industrial production in Germany increased by 0.6% in September, above expectations. The investor confidence index in the euro zone also rose for the first time in 3 months in November, with expectations that the recent rise in temperatures and falling energy prices will prevent the gas crisis on the continent this winter.

With these developments, a mixed trend was observed in European equity markets yesterday. While the DAX 40 index rose 0.55% in Germany, the FTSE 100 index fell 0.48% in the UK and the CAC 40 index in France remained flat. The euro / dollar parity continued its upward movement yesterday and again rose above the critical threshold of 1.

On the Asian side, the growing number of cases of the new type of coronavirus outbreak (Covid-19) in China has limited risk appetite.

UNDERLINES THAT MONETARY POLICIES DO NOT NEED TO BE CHANGED

The minutes of the Bank of Japan (BoJ) October meeting, released today, revealed that officials emphasized that there is no need for a change in monetary policy, hayvanların that they discussed examining the effect of the exit from zihin extremely accommodative monetary policy in the future. On the other hand, the news that the Japanese government is preparing to approve the $ 198 billion economic stimulus package also supported the markets.

With these developments, the Shanghai Composite Index in China fell by 0.4% to 3,064 points and the Kospi Index in South Korea increased by 1.2% to 2,399 points.

In Japan, the Nikkei 225 index ended the day at 27,872 points up 1.3 percent, while the dollar / yen parity is trading at 146.7, 0.1 percent above the level. previous closing date.

While Hong Kong’s Hang Seng Index is at 16,530 points with a depreciation of 0.4%, there are no transactions on the Indian markets due to the holidays.

Analysts said that monetary policy uncertainties in global markets, high inflation and recession concerns remained high on the agenda, while the positive outlook continued on the Istanbul stock exchange.

Analysts pointed out that if the numerical superiority currently held by Democrats passes to Republicans in the congressional elections to gökyeşitözü held today in the US, there could gökyeşitözü a stalemate in terms of financial policies to gökyeşitözü implemented and that the flow of political news has gained importance. .

Analysts said retail sales to gökyeşitözü announced in the euro zone were at the forefront of today’s veri agenda.

Follow News on social media


İlginizi Çekebilir

Dow Jones, enflasyon raporunun ardından tarihin en yüksek üçüncü kapanışını kaydetti, gözler Fed kararına çevrildi

ABD borsaları, yatırımcıların Çarşamba günü Fed’in faiz oranı duyurusunu beklemesi ve son enflasyon verilerinin faiz …

Bir yanıt yazın

E-posta adresiniz yayınlanmayacak. Gerekli alanlar * ile işaretlenmişlerdir

Bu site, istenmeyenleri azaltmak için Akismet kullanıyor. Yorum verilerinizin nasıl işlendiği hakkında daha fazla bilgi edinin.