US Elections Didn't Happen

HIBYA NEWS AGENCY-While the dollar regained its balance in the morning hours, ahead of the US inflation data, the annual increase in the main consumer price index was expected to decrease to 8% for October, which was 110.30 against the currency basket, after the US dollar index rose 0.8%. It stayed just above the pair at $1.0016, slightly off the two-month highs it saw earlier in the week. While the markets seem to be positioned for a lower-than-expected data, considering that five of the last six months produced surprises on the upside, the uneasiness in the pairs also became valid. The elections in the US did not go as the market expected, although the final result is still unclear, while the voters punished Biden for leading an economy hit by the highest inflation in 40 years with 8.2 percent, the Republican efforts to ban abortion also left the voters undecided.
showed why. As we stated yesterday; Markets A Divided Congress would dampen the outlook for fiscal stimulus measures, causing investors to expect the Fed to be less aggressive in raising interest rates sooner, resulting in a stock rally and bearish pressure on the dollar. was expected. Wall Street fell sharply yesterday as the S&P 500 fell 2.08%, the Nasdaq 2.48% and the Dow Jones 1.95% as the midterm gains of Republicans looked more modest than expected and investors focused on inflation data that will give clues about the seriousness of future rate hikes. The yield of 10-year benchmark bonds decreased by 6 basis points to 4.0866%, while the yield of two-year bonds decreased by 5 basis points to 4.5732%. Asian stock markets are also tense. MSCI's broadest index of Asia-Pacific equities outside Japan fell 0.6%, with major declines in China's CSI300 and Hong Kong's Hang Seng, while Japan's Nikkei fell 1%. Oil prices also fell for the fourth day of the week on concerns that new COVID restrictions in China, the world's largest importer of crude oil, will affect fuel demand. The big increase in US crude oil stocks announced yesterday was another factor that increased the gloomy situation in the market. As a result, in the morning, Brent crude futures fell 0.4% to $92.31 a barrel and US WTI crude futures to $85.52 a barrel. Brent prices are down more than 6% and WTI more than 7% so far this week. Today is November 10. We commemorate the Great Leader Atatürk with love, respect, longing and gratitude on the 84th anniversary of his departure.
HIGHLIGHTS ON THE HEADLINE
Russia has decided to withdraw its troops from the city of Kherson, the only regional capital it has annexed from Ukraine.
US President Joe Biden has said that his intentions are to run in the next elections, regardless of the by-election results.
In the US state of Georgia, the Senate race was left to the second round to be held on December 6, as none of the candidates received more than 50 percent of the votes.
Operations were stopped after the turbine failure in reactor number 3 of Oskarshamn, Sweden's largest nuclear power plant.
The Central Bank of Poland (NBP), as in its previous meeting, did not change the benchmark interest rate at its meeting where it announced the results last night.
Binance, the world's largest cryptocurrency exchange, has withdrawn from its non-binding agreement to save its rival, FTX, which is in a liquidity crisis.
Richmond Fed President Thomas Barkin said that the Fed's fight to reduce inflation and interest rate hikes could lead to a contraction in the economy.
Minneapolis Fed Chairman Neel Kashkari said it was too early to have any discussion about the Fed's move away from current policy tightening. However, Kashkari appeared poised to support the possibility of an adjustment in the size of the Fed's future rate hikes.
According to Morgan Stanley strategists, Turkey's USD-denominated bonds have hit a high-priced, expensive spot after leading the rally in emerging-market high-yield bonds in recent weeks.
ULUUN-Ulusoy Un Consolidated net profit for the year 2022 for 9 months is 679,567,648 TL (Previously 44,729,384 TL)
GESAN-Girişim Elektrik 2022 9-month consolidated net profit for the period 320,225,387 TL (Previously 16,922.984 TL)
VESTL-Vestel Elektronik 2022 9-month consolidated net profit for the period 959,063,000 TL (Previously 1,060,211,000 TL)
TMSN-TÜMOSAN 2022 9-month consolidated net profit for the period 421.849.112 TL (Previous 40.886.776 TL)
Source A1 Capital