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Stock Market

European Inflation Decline: Impact on Markets

724FinanceCaner Yılmaz

European inflation is showing signs of slowing down, with France's June inflation decreasing by 0.3% monthly and increasing by 2.0% yearly.

European Inflation Trend

This decline indicates a slowdown in inflation across the European economy.
  • Monthly inflation decrease: 0.3%
  • Yearly inflation increase: 2.0%
  • Market Expectations

    Markets are cautious ahead of the TCMB's July interest rate decision. The July 13 retail data will shape the TCMB's interest rate decision.

    Gold Prices

    Gold prices are stable, heading for a weekly loss due to Iran and interest rate concerns.
  • Gold prices: at $1,900 level
  • Markets are highly sensitive to this situation and are wondering how interest rate decisions will affect the economy.
    Caner Yılmaz

    Financial Analyst: Caner Yılmaz

    BIST 100 Teknik ve Kantitatif Analiz Direktörü. Fibonacci düzeltmeleri, Ichimoku bulutları ve hareketli ortalamalar üzerinden endeksin yön tayinini yapan, algo-trading mantığıyla yazan piyasa yapıcısı.

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