Wednesday, October 5, 2022

Animosity

 


Before I had mentioned about a storm will  had been in summer.Now we have strong dollar.Hawkish Fed raising interest rates only not Fed,all central banks hikes head of Ecb,Boe,altough these things,Tcmb cuts interest rates.Current Deficit is a big problem with Brent Petrol prices for Turkish Economy.Brent Petrol prices can hike $ 150 for a barrel.High dollar and high petrol prices effect with badly.

Recession can happen in big economies,and war is still present in Ukraine.no natural gas in Europe in this winter.Europe tryies to find new sources for energy.

On the other side,we have monkeypox which is  new disease,and Covid effects go on in everywhere.A disease did not finish,humans have new one.It is a risk  in Financial markets.World economy is fragile,before of Covid,we had seen.New disease can be harmful.We had hectic summer,and it looks we will have new hurricanes.