Istanbul News – MARKETS – Pre-central currencies up slightly



[ad_1]

Hilal Sarı / İstanbul, July 24 (DHA) – Before the meeting of the Central Bank's Monetary Policy Committee, currencies increased by 4.25 points on Tuesday after a positive drop in developing country currencies. day of the week, and the pound sterling rose to 6.26 lira.
The DOLAR index fell slightly with concerns over the trade war and dropped to 94.62.
EURO / DOLAR fell 0.03% to 1.17 and fell to 1.1690
After waiting for the central bank's pending investigation, US President Donald Trump's dollar weakened
Morgan Stanley revised its expectations for the PPK meeting and said that there would be no increase in interest rates in the past, and that Morgan Stanley had planned to raise interest rates at the meeting of July 24th.
The Stock Exchange Istanbul Index (BIST 100) fell 0.97% to 94 thousand 389 points after the first day of the week ended at 95 thousand 305 points with an increase of 1.3% and before the decision of the Central Bank.
The Bank Monthly According to forecasts, inflation expectations at the end of the year went from 12.28% in June to 13.88% in 1945.
The Central Bank shared the following predictions in the July survey:
– Inflation went from 12.28% to 13.88%
– After 12 months, the dollar exchange rate went from 4.78 lira to 5.06 lira
– The end-of-year current account deficit increased from $ 53.5 billion to $ 54.8 billion. [AftertheunilateralintegrationoftheFitch'slast-ditchcreditandtheMoody-leddebtcrisisthepresidentoftheCentralAmericanCentralBankfacedseriousdifficultiesafterthepresentationofthebill
– The lowest dollar of 4.7354 and the highest of 4.77718 lire increased by 0.58% per day to 4.76-4.77 lire, while the lowest of 5.5353 and the highest of 5,824 liras increased from 0.62% per day to 5.57 – In the range of 5.58 lira,
– the lowest at 6.2024 and the highest at 6.2613 lira are trading between 6.25 and 6, 26 lire per day, up 0.70%.
In the daily analysis of the IS Investment market,
"With the support of the read yesterday, the BIST 100 index has exceeded the 95,000, as we l & # 39; yesterday in the commentary. "
"The assets of the lira dissociate positively before the decision of the Central Bank …"
"Emerging countries MSCI Despite the horizontal closing of the index, the return of the index TR was 2.36%.
"The vast majority of market players are expecting an increase of 100-125 basis points in interest rates from the National Bank's Monetary Board today. 39; hui. "
" Of the 24 participants, 10 were in the weekly rate 100 basis points, six of them are 125 basis points and four participants do not expect an increase (We also use this group.)
"If the rise in interest rates is deemed important, we can sell it to Lira.
" Yesterday, Finance and Finance Minister Berat Albayrak held a meeting with economists and academics, and the meeting of the chain of drivers, starting with the bankers and to prepare the road map, held on Tuesday.
"It is expected that a five-year economic roadmap will be announced under a different name with a broader name than the previous medium-term plan by September
" The decision of the Central Bank will be decisive at During the first stage, 95 000 800 resistances can be turned in. 94 thousand 750 levels of support as the vanguard.It continues to increase in the
on average 50 97,000 350-day level can be tested. "The US Congress Negotiators Turkey F35 Given the consensus bloc on the project of
" The Senate and House of Representatives negotiators agreed on a draft law of the defense policy $ 716,000,000, NATO member of F-35 fighter aircraft in said bill is blocked also given to Turkey.
"at the adoption of the bill in the Senate and House of Representatives l 39 Plenary adoption separately and the President to sign in the Trump side.
"In July, the consumer confidence index rose 4% from the previous month, reaching 73.1%. The improvement in the index is due to the improvement of sub-elements such as the anticipation of the general economic situation and the current situation of purchase of durable goods.
"On the other hand, the likelihood of buying a house decreases sharply.
" In summary, the first confidence-index data improves significantly in the third quarter "
" Data on the first confidence index improve considerably in the third quarter ", households' financial situation is relatively strong compared to private consumption We believe that the post-electoral political contribution to the confidence of consumers is paid by the end of the year.
"However, the strong momentum we were expecting in the third quarter is not enough to change our point of view. announce at the beginning of the month will be closely followed. "

[ad_2]
Source link