The eyes of the markets will be on the economic data this week. The central bank will announce its interest rate decision on Thursday. The consumer confidence index and industry capacity utilization rate are also among the expected data.
In the new week, the agenda is intense in the economy…
Many data will be announced, from the interest rate decision to the confidence index.
The consumer confidence index will be announced
On Wednesday, markets will await the consumer confidence index.
Turkish Statistical Institute will announce the consumer confidence index for June.
Consumer confidence rose to 67.6 in May.
The interest rate decision will be announced on Thursday.
On Thursday, eyes will be on the Central Bank.
The Monetary Policy Committee will announce its 6th interest rate decision.
In the previous meeting, it had left the policy rate unchanged at 14%.
Economists predict that the bank will keep the interest rate constant at this meeting as well.
The manufacturing industry capacity utilization rate will be announced
On Friday, the manufacturing industry capacity utilization rate for June is expected to be announced.
The capacity utilization rate in the manufacturing industry rose to 78% in May.
Global markets are bustling
In global markets, the statements of monetary policy officials are expected to have an impact on the markets.
Speeches by Federal Reserve Chairman Jerome Powell will be followed on Wednesday and Thursday.
Source: Trthaber / Translated by Irem Yildiz