The death toll from COVID-19 doesn’t show an upward trend nowadays. 245 more people have died of the coronavirus in the last 24 hours, according to the Health Ministry. The country also administered 19,557 new infections in this period. Turkey still ranks eight among 192 states with the highest number of COVID-19 cases by over 6.3 million in total, according to the Coronavirus Resource Center of John Hopkins.
On the other hand, over 93.3 million doses of COVID-19 vaccines have been given in total to date. Over 47.9 million people have received their first jab, while more than 36.7 million people have become fully vaccinated. In the meantime, over 8.39 million people have been given third booster shorts. The country has been included in the EU Digital COVID Certificate system, according to a statement from the country’s Directorate General of Civil Aviation.
Looking at the money market, USD/TRY, which hovered around 8.35-8.40 yesterday declines to 8.32, and EUR/TRY falls by 0.52% to 9.83 this morning.
Gold prices rise with the impact of weak course of USD, while investors await the non-agricultural employment figures in the U.S. Spot gold surged by 0.35% to USD 1,816 per ounce.
Contrary to gold prices, oil prices started to decrease with the concerns over the fact that refineries will reduce crude oil demand due to flooding and power outage in Louisiana following the Hurricane Ida, in a period when global producers plan to increase production. Brent crude dropped by 0.22% to USD 73,25 per barrel.
Exports rose by 10.2% to USD 16.4bn, while imports surged by 16.8% to USD 20.6bn in July, compared to the same month of the previous year, according to the Turkish Statistical Institute (TurkStat).
Services producer price index (S-PPI) increased by 37.99% in July, compared to the same month of the previous year, according to TurkStat. S-PPI also rose by 7.82% on a monthly basis.
The Banking Regulation and Supervision Agency (BDDK) will release the banking sector report for July (2.00 pm).
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