October,November and December......
It will be critic for EM Markets and especially Turkish Markets....
Also some external debts will pay in these months.
Last week Fed hiked interest rates and they will hike interest rates in 2019-2020.....
I had wrote matters, why Brent Petrol prices will increase and consequences for global economy in my articles.
1-)Iran sanctions
2-)Even India will not import Brent Petrol from Iran.(China-India are the important trade partners for them)
3-)Having current deficit economies ,will have hard days.
Brent Petrol :83 $ and I guess it will be $90-100 before 4 November.........
External Debt Calendar
Steps of TCMB looks positive but away it is not enough for a long time reserves has been dropping and a big external debt payment will start in this month.
In this week the most important data is,US non agri cultural data will share by FED,Ons Gold and market portfolios watch it.Dow Jones and S &P 500 looks very powerful.
Although these data,Turkish Inflation report will share in this wednesday.Expectations,CPI and PPI will not drop in coming future (%23-%20).
Many companies,approximately 3000 companies have explanied their bankrupts recently.....
Turkish PMI Index happens 42,7 in this month.Importing has been dropping for two months,probably growth rate will drop in next quarters.
Turkish PMI INDEX
In this week the most important data is,US non agri cultural data will share by FED,Ons Gold and market portfolios watch it.Dow Jones and S &P 500 looks very powerful.
Although these data,Turkish Inflation report will share in this wednesday.Expectations,CPI and PPI will not drop in coming future (%23-%20).
Many companies,approximately 3000 companies have explanied their bankrupts recently.....
Turkish PMI Index happens 42,7 in this month.Importing has been dropping for two months,probably growth rate will drop in next quarters.
Turkish PMI INDEX