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The fall in consumer confidence continues

The fall in consumer confidence continues

BY BADER ARSLAN The consumer confidence index decreased to 63.4 in June, indicating that consumers’ trust in the economy in Turkey has never been this low. The consumer confidence index has experienced two major breakdowns in recent years: the first in the fall of 2018 and the second in the fall of 2021. The index,...

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High winds abroad

High winds abroad

BY BADER ARSLAN The winds are blowing in the new direction in the world. The global climate, which was moderately negative a few weeks ago, started to cool suddenly due to the fear of a new recession. The U.S. dollar appreciated against almost everything. In addition to developed country currencies, such as the euro, pound,...

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Weekly Agenda June 7-13

Weekly Agenda June 7-13

GLOBAL DATA CHINA TRADE BALANCEMONDAY The General Administration of Customs of the People’s Republic of China will announce May trade balance data. China’s total trade surplus stood at USD 42.85 billion in April, compared with USD 13.8 billion in March. EU ZEW ECONOMIC SENTIMENT SURVEYTUESDAY 12PM The Leibniz Centre for European Economic Research (ZEW) will...

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Weekly agenda May 31-June 6

Weekly agenda May 31-June 6

GLOBAL DATA CHINA PMITUESDAY 1:45AM Markit Economics will announce May Manufacturing Purchasing Managers Index (PMI) data. Manufacturing PMI in China rose from an 11-month low of 50.6 in March to 51.9 in April. GERMANY UNEMPLOYMENTTUESDAY 7:55AM German Statistics Office will announce May unemployment rate data. The unemployment rate remained unchanged at 6% in April. U.S....

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Weekly Agenda May 24-30

Weekly Agenda May 24-30

GLOBAL DATA GERMANY GDPTUESDAY 9AM The Federal Statistical Office of Germany will announce the first quarter economic growth numbers. Germany’s economy shrank by 5% in 2020. U.S. CONSUMER CONFIDENCETUESDAY 5PM The Conference Board will announce May consumer confidence data. Consumer confidence in the U.S. jumped to a 14-month high in April to 121.7. JAPAN UNEMPLOYMENT...

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Weekly Agenda May 10-23

Weekly Agenda May 10-23

GLOBAL DATA CHINA CPITUESDAY 1:30AM The National Bureau of Statistics of China will announce April consumer price index (CPI) data. Consumer prices in China increased by 0.4% in March year on year, while it fell by 0.5% on a monthly basis. EU ZEW ECONOMIC SENTIMENTTUESDAY 9AM The Leibniz Centre for European Economic Research (ZEW) will...

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Weekly Agenda May 3-9

Weekly Agenda May 3-9

GLOBAL DATA U.S. COMPOSITE MARKET PMIWEDNESDAY 1:45PM Markit Economics will announce April composite market purchasing managers’ index (PMI) data. Composite PMI rose to a record high of 62.2 in April. BOE INTEREST RATE DECISIONTHURSDAY 11AM The Bank of England will announce its new interest rate decision. The bank kept the policy rate unchanged at 0.1%...

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Weekly Agenda April 26-May 2

Weekly Agenda April 26-May 2

GLOBAL DATA GERMANY IFO BUSINESS CLIMATEMONDAY 8AM CESifo Group will announce April business climate data. The ifo business climate index rose to 96.6 points in March, up from 92.7 in February. BOJ INTEREST RATE DECISIONTUESDAY 3AM Bank of Japan (BoJ) will announce its new interest rate decision. The Bank kept the short-term interest rate at...

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Weekly Agenda April 19-25

Weekly Agenda April 19-25

GLOBAL DATA JAPAN INDUSTRIAL PRODUCTIONMONDAY 4:30AM The Ministry of Economy, Trade and Industry will announce February industrial production data. Japan’s industrial production increased by 4.2% in January compared to the previous month while decreasing by 5.3% on an annual basis. PBOC INTEREST RATE DECISIONTUESDAY 1:30AM The People’s Bank of China (PBOC) will announce its new...

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Weekly Agenda April 12-18

Weekly Agenda April 12-18

GLOBAL DATA UK GOODS TRADE BALANCETUESDAY 6AM National Statistics will announce February goods trade balance data. In January, the UK’s overall goods trade deficit, including non-EU countries, declined to USD 13.7bn from USD 19bn in December 2020. EUROZONE ZEW SURVEYTUESDAY 9AM The Leibniz Centre for European Economic Research (ZEW) will announce the April results of...

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