Oil Prices are doing an Inflationary pressure on global markets with the latest developments. We see that the increase in oil prices leads to inflationary pressures in the global economy. The Brexit decision followed by the depreciation of the Sterling Inflationist pressure in Britain is even more preliminary than in other countries. The Bank of England did not make any interest rate changes at the first monetary policy meeting of the year. With the unanimous decision, the policy rate has been maintained at 0.25 %. The institution did not make any changes in the asset purchase program and private sector bond purchase target. The decision was not a surprise for the market, but it was important because the revisions expected in the inflation report were priced in the market.

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  USD/TRY tried the record level yesterday

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  Central Bank of Australia declared the decision of monetary policy

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  Developing Country Markets are following the developments of China

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  The Presidential Elections Completed in France

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  The expectation of interest increase by Fed is getting stronger

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  Oil market continues its positive trend after the expectations of oil supply

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  The PMI Data shows a recovery in purchasing side of the USA

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  The indicator in the manufacturing industry of China has maintained stability in the month of September

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  Gold market is protecting its earnings at the end of week

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  Uncertainity continues among Fed members