Global markets are negative – Cyprus Newspaper

Global markets followed a negative course with concern that trade wars may be further intensified before the tariff decisions in the USA next week, while the eyes have been turned into personal consumption expenditures to be announced in the United States today.

US President Donald Trump’s While economic and trade policies continue to be a source of uncertainty on a global scale, possible retaliation from countries causes high risk perception in the markets.

While the US president reacted from many countries to the tariff decision for the automobile industry, the European Union (EU) reportedly made preparations for the measures to be taken against the new recipes of imported cars.

US Federal Bank (FED) While the authorities continue their verbal orientation, the President of the Boston Fed Susan Collins, “It seems inevitable that customs duties will increase inflation in the near term,” said the tariffs brought by the Trump administration will accelerate inflation in the USA, but how permanent this effect will be. he said.

Emphasizing that there is a risk of inflationary pressure to be longer, Collins said that how much prices will be affected by the reactions of the countries affected by tariffs and the measures taken, he said.

Richmond Fed President Tom Barkin Trump management of the 25 percent of the imported cars of the entire taxes will not think that the consumers do not think. Barkin pointed out that companies will have to make difficult decisions about pricing and profit margins.

In the light of these developments, the Fed’s first interest rate reduction of the year in the pricing in the money markets July While the probability of the month will rise to 86 percent, the bank is expected to make a total of 2 interest rate reductions throughout the year.

In macroeconomic data, the growth rate of the US economy for the last quarter of last year was revised upward. Accordingly, the US economy, 2024 in the fourth quarter of 2.4 percent of the estimation of growth recorded.

In the same period, the increase in the price index of personal consumption expenditures was 2.4 percent. Personal consumption expenditures price index increased by 1.5 percent in the third quarter of last year.

In addition, food and energy expenditures excluded from the calculation core personal consumption expenditures price index was revised from 2.7 percent to 2.6 percent during this period. The index increased by 2.2 percent in the previous quarter.

Analysts, the Fed’s personal consumption expenditures as an indicator of inflation as an indicator of the price index will be announced today February results will give more information about the economic course and inflation process in the United States, he said.

Yesterday, up to 4.40 percent of the US 10 -year bond interest rate in the new day, 4.35 percent of the new day, the price of ounce of gold 3 thousand 77 dollars after testing the record level, currently 0.6 percent rise from 3 thousand 74 dollars finds buyers.

Dollar While the index increased by 0.1 percent, it is 104.4, while Brent oil The price of the barrel is sold for $ 73.1 with a decrease of 0.2 percent.

On the New York Stock Exchange Yesterday, the S&P 500 index 0.33 percent, the NASDAQ index 0.53 percent and the Dow Jones index fell 0.37 percent. Index futures contracts in the US started the new day with a mixed course.

Europe While the stock markets were negatively except Italy, the uncertainty about the effects of Trump tariffs created sales pressure in the regional share markets.

While developments in the Russian-Ukrainian war in the region continue to be followed, the President of the European Union (EU) Commission Ursula von der leyen, Long and short -term financial and military aids were provided to Ukraine, while sanctions against Russia will continue to maintain the pressure on this country.

President of Ukraine Volumir Zelenskiy He said they would not give up the territorial integrity and independence of his country.

Yesterday, DAX 40 percent in Germany, CAC 40 index in France 0.51 percent in France and the FTSE 100 index in the UK lost 0.27 percent, while the FTSE MIB 30 index in Italy rose 0.10 percent. Index futures contracts in Europe started the new day with a mixed course.

Asia While the risks of tariffs on the stock markets and signals from macroeconomic data are followed, the Prime Minister of Japanese is monitored. Shigeru Ishiba, He promised to protect the employment from the US automobile tariffs.

Ishiba, saying that the recipes mentioned will have a significant impact on the Japanese economy and committing to taking precautions to protect the sectors and employment, « We are thinking of the most effective way to ensure that the US application to Japan will not be useful for him. » he said.

On the other hand, Central Bank of Japan (Boj) The Monetary Policy Committee (PPK) held on March 18-19 issued the minutes of the meeting. In the policy text, the Japanese economy was gradually recovered despite weak tendencies in some areas and is expected to record a growth above the potential in the future.

In the text, the policies of the US administration in the US and their impact on the global economy and international finance and capital markets are closely monitored, and at the same time, the national economy and prices will react to 0.5 percent interest rate.

According to the data released in the region today, the annual Tokyo Consumer Price Index (CPI) in Japan increased by 2.9 percent in March, while the increase in the core CPI was over expectations with 2.4 percent in the same period.

With these developments, the Nikkei 225 index in Japan, which is close to closing, 2.4 percent, KOSPİ index in South Korea, 2.1 percent, Hong Kong in Hong Kong, Hang Seng Index 0.9 percent and Shanghai compound index in China fell 0.6 percent.

Following a view of sales yesterday in Turkey In Borsa Istanbul The BIST 100 index lost 0.38 percent of the day and finished at 9.612.84 points.

Central Bank of the Republic of Türkiye (CBRT) The summary of the Monetary Policy Board (PPK) on March 20 was published. In the summary, it is aimed to limit the upward risks of proactive measures taken to reduce volatility in financial asset prices on inflation appearance. ”

In addition, in the summary, in case of a significant and permanent deterioration in inflation, the monetary policy stance will be tightened.

On the other hand, Capital Markets Board (CMB), This week, the British giant Barclays Bank PLC, one of the leading banks of the financial world, allowed the establishment of a new intermediary institution with Barclays Menkul Values ​​AŞ, which will have 100 percent of PLC.

Dollar/TL, yesterday, 0.1 percent decreased from 37,9560, while the opening of the interbank market is traded at the level of 38,0170 above 0.2 percent of its previous closing.

Analysts today, the economic confidence index in the country, the United States in the United States (PCE), Michigan University Consumer Confidence Index, growth in the UK and the unemployment rate in Germany will be monitored, technically the BIST 100 index 9.600 and 9.500 points support, 9.750 and 9.850 levels were noted.

The data to be followed in the markets today is as follows:

10.00 Türkiye, March Economic Confidence Index

10.00 Türkiye, February Service Producer Price Index (H-PPI)

10.00 England, 4th quarter Gross Domestic Product (GDP)

10.00 England, 4th quarter current transactions balance

10.00 England, January Foreign Trade Balance

10.00 England, February retail sales

10.00 Germany, April GFK Consumer Confidence Index

10.55 Germany, March unemployment rate

13.00 Euro region, March consumer confidence index

14.30 Türkiye, February Monthly Money and Bank Statistics

15.30 USA, February Personal Income and Expenditures

15.30 USA, February personal consumption expenditures

17.00 USA, March Michigan University Consumer Confidence Index