Bank of Turkey
Mixed Markets, Bank of England Rate Hike, Regional Banks Falter | Daily Market Analysis
Key events: UK - GDP (MoM) (Mar) UK - GDP (YoY) (Q1) UK - GDP (QoQ) (Q1) UK - Manufacturing Production (MoM) (Mar) UK - Monthly GDP 3M/3M Change (Mar) Both European and US markets had mixed sessions yesterday, with concerns over a slowdown in the Chinese and US economies leading to a selloff in commodity prices. This, in turn, had a negative impact on the basic resources and energy sectors.
Major Central Banks Are Expected to Follow the Fed | Daily Market Analysis
Key events: Switzerland - SNB Interest Rate Decision (Q1) Switzerland - SNB Press Conference Eurozone - EU Leaders Summit UK - BoE Interest Rate Decision (Mar) UK - BoE MPC Meeting Minutes USA - Building Permits USA - Initial Jobless Claims USA - New Home Sales (Feb) Contrary to the recent problems in the U.S. banking system, the Federal Reserve did raise interest rates by 25 bps at its meeting last night.
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