- A new week starts where the risk appetite for the financial markets in on the up move trend despite the continuing geopolitical tensions and terror attacks.
- The global interest rates makes capital markets avoid the risk and uncertainty.
- Tomorrow, the UN meeting will be held. The US seems exhausted from North Korean's missile trials. Therefore, US thinks to pass this issue to Pentagon for a solution.
- Despite the terror attacks in London and North Korean missile trials, global markets' volatility are low.
- President Trump's move on the economics promises such as "tax reform" supported the US dollar against all major currencies. The ten year US government bonds yields' are on the rise again with the increasing demand for the US dollar.
- On Friday, the US stock markets closed the day in the green area with tech, financial and telecommunication stocks, which held the lead. This morning the Asian markets travel in the green area where they hit their ten-year decade highs.
- As the continuation of the money inflow to the markets, an active day is expected for BIST 100 and other emerging markets.
- This week's primary focus is the FED meeting and its decisions. Due to the missed inflation target and last week' worse than expected data, FED might want to wait for a time. However, at the September's meeting, FED asserted to decrease its balance sheet. Therefore, there is a high possibility that a "hawkish" statement can come from FED which will support the US dollar and change the direction of the wind for the financial markets.
- The rate increase from Canada and increased possibilities for a rate hike in the UK supports the "hawkish" statement from FED.
- EU's PPI data will be watched for the EUR/USD. If the data announces better than expected or parallel to exected, it has a high chance to continue its increasing trend. Then the FED's statement will draw its future.
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