Inflation data was released in the USA yesterday; Headline inflation was 3.1%, which was 3.3%, while core inflation was 5% and 4.8%. Yesterday $BEL$ As I mentioned, the noticeable drop in core inflation created an upward wave in the markets. $BU$ your data $NEM$ We'll see what happens next at the Fed meeting next week. We may see a dovish FED especially for the projection of the coming months. As of next month, I do not expect an increase in interest rates unless there is a jump in the inflation data.


Today, PPI will be announced at 15:30 CET in the USA, and it will remain as a supporting data if it comes in parallel with inflation. Also, Q2 balance sheets will start coming this week. Expectations of balance sheets $KAR$ can maintain the positive mood.
Turning to the domestic market, industrial production in Turkey in May increased by 1.1% on a monthly basis, while it decreased by 0.2% on an annual basis. This gave the stock market an excuse to take a breather. fix here $ALI$ I see it as a business opportunity. Banks that remained discounted on the uptrend look strong.
Foreign policy has been quite active in the last week. $YD$ I. positive experience here $GEL$ We have seen the positive effects of the transactions on the market. Turkey also needs political normalization for economic normalization. $HT$ I think it is necessary and I hope that the necessary steps will continue to be taken to remove the barrier we have drawn between us and the West.
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