Hola,hi,merhaba,salut.Wherever you are in the world ,welcome.
Last friday,USA non agricultural data dropped a little bit value against expectations.I wrote some matters in my articles.Some storms have been in Ohio,Florida.
But onward month expactations happened 201,000.
Now,US unemployment rate is %3,7.Economy has been growing up for 3 years.Fed will be aggresive in 2019-2020.They reached their aims in inflation and employment rate.Heat of Economy looks stabil.
US 10 years bond are in 3,23 levels.EM markets have hard days and next months they will have much more hard days.India Central Bank did not hike interest rates last week.Their rate still is %6,25.
Argentina has a deal with IMF however dollar still is powerful against peso 1 USD=38,127 Peso.
Brazil has a president selection,currently they can be the most durable economy in EM markets.
Some sanctions affect Russia,Russian Central Bank hiked interest rates last month.South Africa and Turkey have a current deficit problem,recently current deficit of Turkey dropped.Because of recession effect.Car sellings and home sales have been dropping for 2 months.
This week,some politic issues can effect positive or negative for Lira.Pastor Brunson will be free or not.Turkish Courts will give a decision and I guess foreign investors follow this incident.Other cases are important for instance inflation,bankruptcies.
In this october,TCMB will have a meeting a hiking decision can be or not?
Also mortgage and trade credit interest rates are in so high levels.
Middle East is always complicated in Yemen,Syria.
Iran Sanctions.
In my opinion that A barrel Brent Petrol will be $ 100 until 4 November.Negative effects are possible for Turkish Economy,South Africa and India.
Fasting days are present in every of the world.Politics,economies,medicine,nature,space and more.
ONS GOLD
Levels of gold are not high,
1-)Peace North Korea and USA.
2-) A trouce in Syria.
3-)Brent Petrol is not weak.
I pointed in my article in this august, after Iran Sanctions (November) gold prices can be high.It is connected with $ and Brent Barrel.