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EURUSD overview

In April, as announced in the euro zone today, retail sales fell below expectations, while the country's service Purchasing Managers Index fell below expectations. When we look at the PMI figures from Germany, it was explained in parallel with the forecasts in general. After bad data from the region during the day, the pair retreated on the side. In Italy, on the other hand, while the coalition government formed by two parties known as populist rhetoric was expected to vote on confidence, the jo…
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EURusd overview

Yesterday, U.S. Commerce Minister Wilbur Ross said that they have made progress with the EU, but not enough for exemption from tariffs. Ross also said negotiations could be held if any party retaliated. Following these decisions from the USA, the EU will also respond, while developments on the issue will be followed today. On the other hand, there have been significant developments in the coalition talks of Italy, which have recently been repressed by Euro assets. The five-star movement and the …
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EURUSD overview

Yesterday, while intensive in terms of data flow, retail sales announced in Germany did not meet expectations on a monthly basis. In addition, the country's leading inflation figures were followed, while the monthly forecasts on the basis of good realization was seen here. On the other hand, in the reports of the Italian elections, the right-wing bloc, which won the election, said it could form a minority government, while di Maio, the leader of the 5 star movement, known for its opposition to t…
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Brent oil overview

This week, the rise in both the API stock and the EIA stock, while the U.S. today announced yesterday due to Easter holidays, the number of wells drilling Baker Hugo, 6 well fell as 798 took place. We will remember that the number of well described 804 with the record levels reached as TR. News flow ISE International Investment Bank J. P Morgan was one of the most significant co-ordinates that with the rise in rock gas production in the United States, prices could go down to $ 50 by the end of n…
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EURusd overview

Donald Trump got a stamp last night. Additional taxes on trump, us steel and aluminum sales will be levied in a specific language and the market will be seen in harsh price movements. Again, the European Union and Canadian news measures have led to double-currency transactions to be implemented against the US decision. In addition, following the presentation of Senate Fed President Jerome Powell yesterday, his presentation at the House of Representatives on Tuesday did not result in any repeated…
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EURusd overview

On Tuesday, the Fed President Jerome Powell's presentation on monetary policy and economy in the House of Representatives shows the Hawks ' attitude in the market, and today the Senate's presentation will be followed. On the other hand, important data from the United States was followed yesterday. 4. While the quarterly GDP change was revised in line with expectations, the first calculation was below 0.1 percent. The Chicago Purchasing Managers Index was announced at 61.9 percent below expectati…
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EURUSD overview

Services and compound PMIs described in the euro zone and Germany yesterday resulted in higher expectations, while the euro zone retail sales data took place in parallel with forecasts. On the other hand, the European Central Bank Mario Draghi said in the evening that the euro zone is still growing and that they are moving towards their targets for inflation and price stability. Germany's coalition talks are approaching the last days, while the sides agreed on the issues related to the European …
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EURUSD overview

the first fed/FOMC meeting of 2018 was held in the week we were busy in terms of Eri and news flow. As expected, the FED announced that the economy supports gradual interest rates while not making any changes in interest rates. Inflation, however, is expected to rise this year, in the medium term, around 2 percent of stability is declared to win. Looking at the country's data released last week, non-agricultural employment, ADP non-agricultural employment, Conference Board Consumer Confidence, t…
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EURUSD expectation

The euro zone Producer Price Index was announced below expectations on a monthly and annual basis. In the United States, 184 thousand as expected non-agricultural employment data amounted to 200 thousand. The average hourly earnings were 0.3 percent in line with expectations, while the Unemployment Rate data were reported as 4.1 percent in line with expectations. In addition, the data on non-agricultural employment and average Hourly earnings were revised upwards. When we look at the news flow, …
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EURUSD parity overview

EURUSD keeps its volatility low after the Fed's decision. The Fed is relatively optimistic on the inflation side, keeping us interest rates above 2.70, and the March meeting is signaled for interest-raising. We are in an important week in terms of parity and data flow will be busy today&tomorrow. Technical support for 1.2360 and 1.2300 retracements can be followed even if we monitor a tiredness.
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