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02.10.2023 18:00 U.S. Federal Reserve Chairman Powell’s Speech

03.10.2023 10:00 Turkey Consumer Price Index (CPI)                                                     58,94                                       61,70

04.10.2023 17:00 U.S. – ISM Non-Manufacturing                                                               54,5                                         53,6

Purchasing Managers’ Index (PMI)

06.10.2023 15:30 U.S. Nonfarm Payroll Data                                                                      187K                                         163K

US Fed Chairman Powell’s Speech

On Friday, when we followed inflation data in the US, we saw that annual inflation was announced as 3.9%. This was a positive development, and it showed progress in inflation as it fell below 4% for the first time in over two years. We will closely follow Powell’s statements tonight at 18:00.

Turkey Consumer Price Index (CPI)

Tomorrow, we will receive annual inflation data from Turkey. The previous month’s annual inflation rate was 58.94%, and the expectation for the annual inflation to be announced on Tuesday has risen to 61.70%. We will reach the inflation data when the clock strikes 10:00.

US – ISM Non-Manufacturing Purchasing Managers’ Index (PMI)

Expectations in the PMI figures to be announced this month are on the downside. A positive announcement above expectations can have a positive impact on the US Index.

US Nonfarm Payroll Data

Nonfarm payroll data announced on the first Friday of every month is quite important for the markets. This week’s September TDI data is expected to show a decrease.
We need to evaluate the TDI data along with average hourly earnings and the unemployment rate data. Looking at it this way, even if the data is negative, we may observe positive divergences in the US Index if other data comes out positively. It will be beneficial to monitor the data that will come at 15:30 and proceed with caution in your transactions. I wish everyone a profitable week.

The investment information, opinions, and recommendations contained in this research report are not within the scope of investment advisory.

Araştırma Uzmanı at EgeMoney

Uzmanlık alanlarım arasında temel ve teknik analiz, portföy yönetimi, risk analizi ve pazar araştırması bulunmaktadır. Hızla değişen piyasa koşullarına uyum sağlama ve rapor üretme benim önceliklerim arasındadır. Finansal geleceğinizi şekillendirmek ve karar alma süreçlerinize değer katmak amacıyla araştırmalarımı EgeMoney platformu üzerinden sizlere sunuyorum.