What will happen in the markets this week? (13.12.2010) - Fashion - Style - Trendy

Monday, December 13, 2010

What will happen in the markets this week? (13.12.2010)

Ata Investment Chief Economist Nurhan Toğuç, some more correction in the markets to prevent balloon movement will continue and will intervene in this action of central banks in emerging economies, a process he said will live.

Toğuç, his assessment of the AA correspondent on the market next week, a very busy agenda this week, foreign markets, he said.

Toğuç, the most important agenda item in Turkey, pointing out that the Central Bank's interest rate forecast download, within the framework of this expectation, he said the decline in interest rates today.

On the other hand signals that China's interest rate increase, the trend of rising interest rates in the United States entered the Toğuç explaining the U.S. entry into the trend of rising interest rates, the U.S. central bank (the Fed) took place outside of the request, he said.

Toğuç, so low interest rates in countries such as Turkey, opened positions by taking a small amount of dollars can see that it shuts down. This is healthy in terms of developing country stock markets. Admission to the stage in many countries because it measures against hot money gelinmişti. Balloons were created, the dangers that attended it in Turkey recently. Developments in output will continue to be a sum of money he said.

European Region indicators are bad and therefore you will see the U.S. demand in the short term, putting in a little more Toğuç, said:

In this context, the developing economies in an amount of money a week output will continue. Turkey announced that the current account deficit, the budget figures for unemployment have been announced. Last week, described the growth rates were slightly below expectations. Europe and the U.S. side, industrial production, the more important TÜFE'sine a week and Fed Chairman Ben Bernanke will especially be important explanations. This week the Fed monetary expansion tepecek reverse? Way to begin to reverse expectations weight restarted. Therefore, a process should be cautious.

To prevent movement of the balloon a little more correction in the markets will continue and will intervene in this action of central banks in emerging economies, a process that will live. In developing economies, 'hot money do not want anymore, we may have to take a cold shower with hot money' he began to think. This had happened in past crises. In 2001, when entering into the hot money is nice, the decision to go when the economic balances are upset. This is no longer aware of all developing economies, and the signals given to him for a week, so I think you should focus a little edge.

Nurhan Toğuç, is not profitable yet, pointing to these levels for the purchase of Greece to speak emergence euros, the European Union (EU) has increased the risks, these risks have not yet said where bittiğinin unknown.

And banking sectors in Europe as well as foreign trade with the United States by 50 percent who said to each other dependencies Toğuç, especially by European investors, this cost was folding the statements about the German Chancellor Angela Merkel. Does not indicate demand for European bonds now. This process is reflected in the U.S. after a while? This is so much lower interest rates until the debt burden of ödeyebilecekler? There are serious question marks about it. So I entered the process of consolidation in the banking sector in Europe and the United States without being sure been entered, a little more downward movement to continue to have to wait until he spoke.

TURKEY'S ALL POSITIVE ECONOMIC INDICATORS

Toğuç, Turkey, emphasizing that all economic indicators are positive, but Turkey's current account deficit is being financed by hot money, to live out a case of negativity, negativity against Turkey, he told me that you could set point even more fragile.

Nurhan Toğuç, so it is clear that the signal given by the Central Bank, said the Central Bank did not want to take a cold shower with hot money.

Toğuç, expects the euro against the dollar losing value by expressing, leading to an expected level of 1.20 euro / dollar parity is reported.

Under the ascension expressed Toğuç expect, under the absolutely over the rising trend will increase the risks for me until then maybe ... But the dollar value of winning gold in the process of reverse movement in the opposite direction to move the other emtialarında have to wait. USD / TRY at 1.54 's The trend we can see from the right. Its people come out about them in the U.S. unemployment data to really come good, the Fed said on its topics....

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