The global markets are following latest developments of Fed to take a position before starting the new year. Fed officials will meet for the first time this week in Washington after bond yields and stock market rallies, with expectations that Donald Trump, the winner of US presidential elections, will support growth on the global markets. The Fed decision will be announced in Wednesday, so we can say the general expectation will be about interest increase by 25 base points. The Japanese Yen traded against USD, near the weakest level of ten months before the Fed meeting, which will start this evening and last for two days. Stocks rallied and valuations depreciated in Shanghai after industrial production and retail sales in China surpassed expectations. In the majority of other markets, the monetary authorities stopped their decline as OPEC could not maintain its rationale for reaching an agreement on the production limit with its competitors.
 

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  Global markets started to focus on PMI data in the world

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  Developing Country Markets are following the developments of China

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  USD/TRY tried the record level yesterday

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  Gold market is protecting its earnings at the end of week

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  China’s Unexpected Export Data is Affecting USD Negatively

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  USD/TL breaks new records

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  BoJ announced domestic producer prices in Japan

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  Global markets are pricing less risky atmosphere

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  Asian markets focus on Chinese data

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  Euro zone is pricing the data from construction sector in Europe.