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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  Fitch made changes on Credit Rating of some countries

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  Sterling is gaining value after May’s speech

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  Global markets are pricing the latest Fed announcements

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  OPEC is supporting to the global markets

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  Chinese Consumer Price Index stayed under the expectations

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  EUR/USD started to show rally after New Year

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  Chinese Yuan Experienced a Record Loss in the last six years

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  UK Market is giving positive signals to the election decision

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  Employment recovery continues in the USA

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  China’s Unexpected Export Data is Affecting USD Negatively