Tuesday, May 7, 2019

Future is dark



New week,new goals,new desires.But,President Trump looks not soft in trade war issues.If you search his Twitter Account,he tells we will extend customs ratios from % 10 to %25 for 200 billion trade goods.

Expactations of some economists are,China and USA could have an agreement in this May.

EM Markets already have hard times,5 fragile economies,the head of countries is Turkey.Core inflation and food inflation are tight.

The biggest trade partner of Turkey is China,it is not a good news.Lira,10 years Turkish Bonds and Istanbul Stock Market,especially in banking portfolios value are dropping.

Unemployment,in young people do not come down,it has been hiking for 8 months.Immigration and refugees work with cheap money and without insurance.Food industry needs innovation and creative technology.

Other biggest trade partner of Turkey is Europe Region,Germany,France are complicated,by directly China and Germany have many common points in trades,Trump still do not start custom wars for European Cars manufactures.On the other hand,the last movement of Trump will not be good for Europe.Brexit are waiting.

In Mediterranean Region looks like a dynamite.Cyprus & Israel & Russia & USA & Turkey & Greece & Nato & England.All of the corvettes,air craft ships,frigates,submarines are in there.The most efficient natural gas and petrol reserves are in this region,this fossile energy still means money and power.

Tensions of both countries ( Syria & Libia) are not cooling down.Petrol and Energy lines are the most vital issue.

In this equation,a different case can consist from,Fed keeps "be patient term",dollar index and 10 years bond of USA can effect decision of Fed Governors.