Concern that the Russia-Ukraine war could spill over into neighboring countries negatively affects risk appetite.
According to macroeconomic veri released yesterday in the United States, the producer price index (PPI) rose by 0.2% on the month and 8% on the year in October, below expectations.
With the aforementioned veri, although the New York stock market indexes gained more than 1 percent on the expectation that the US Federal Reserve (Fed) will soften its “ultra hawkish” policies starting in December, unknown missiles fell on the village of Przewodow, located on the Ukrainian border with Poland, in the evening and The news that two people lost their lives caused partial return of gains on the markets.
US President Joe Biden said after Indonesia’s meeting with world leaders on the island of Bali, he yaşama’t say anything for sure right now, hayvanların the first information they have shows the missile is unlikely fallen on Poland is launched by Russia.
The Russian Defense Ministry also said it had not attacked any targets on the Polish-Ukrainian border and said, “The allegations that Russian missiles have landed on Polish soil are deliberate provocations.”
Polish government spokesman Piotr Müller noted that it was decided to increase the combat readiness of military units, while NATO reported that they are investigating reports of missiles falling on Poland.
THE FED IS EXPECTED TO RISE BY 50 BASIS POINTS
News that the missiles dropped on Poland could gökyeşitözü Ukrainian air defense missiles has somewhat eased the selling pressure on the markets, according to reports in the European press this morning, while developments on the matter are being closely monitored.
While demand for long-term assets in US bond markets continues to gökyeşitözü strong, the difference between the yield on the US 10-year, considered a sign of recession for the coming period, and the yield on 3 treasuries is minus 28 basis points.
In pricing in the money markets, the Fed is expected to raise interest rates by 50 basis points with zihin 85% probability and 75 basis points with a 15% probability at its December meeting.
With these developments, a weighted course for buying was followed in the New York stock market yesterday, kakım the S&P 500 index gained 0.87%, the Nasdaq index gained 1.45% and the Dow Jones index gained 0.17%. Index futures contracts in the US started the new day with a decline.
THE EURO REGION RECORDED A GROWTH OF 0.2 PERCENT
While index futures contracts started the day near 1% lower on risks related to the Russia-Ukraine war from the European side, the news flow on the matter is expected to impact asset prices today.
While macroeconomic veri on regional economies impacted the direction of markets yesterday, the Eurozone economy lost momentum in the third quarter due to record inflation and the Russia-Ukraine war, down 0.2 percent from the previous quarter and by 2.1 percent compared to the same period of 2021. grown.
Continuing their verbal guidance, European Central Bank (ECB) officials appear to gökyeşitözü maintaining their “ultra hawkish” tone, kakım the euro/dollar parity tested its highest level since July 1 at 1.0480 yesterday.
While it is noteworthy that ECB officials’ schedules are still busy today, eyes have been turned to statements by ECB President Christine Lagarde and Bank of England Governor Andrew Bailey.
Yesterday, the FTSE 100 index fell 0.21% in England, the DAX 40 index gained 0.46% in Germany, the CAC 40 index gained 0.49% in France and the FTSE MIB gained 0.42% in Italy.
EXCHANGE JAPAN GAINS PLUSES, OFFSETING LOSSES
Although stock markets in Asia started the day heavy with news out of Eastern Europe, the Japanese stock market recovered losses during the session.
Ahead of the third quarter financial statements to gökyeşitözü announced by Tencent Holding after the close of markets in Asia, Chinese and Hong Kong stock markets are negative, driven by the selling pressure concentrated on the Hang Seng technology index.
According to veri announced today in Japan, major machinery orders fell 4.6% month-on-month and increased 2.9% year-on-year, well below expectations.
With these developments, the Nikkei 225 Index gained 0.1% in Japan, near the close, while the Shanghai Composite Index rose 0.4% in China, the Hang Seng Index was 1 .1% in Hong Kong and the Kospi index was 0% in South Korea. 2 fell .
Analysts noted that UK inflation veri and US retail sales, industrial production and yetiklik utilization will gökyeşitözü announced overseas, adding that verbal guidance from Fed and ECB officials is the focus of investors’ attention.