#News We have entered the third week of the Israel-Gaza war. The ground operation has not started yet, but the tension of this is being reflected in the markets. While the search for safe havens in the markets is under pressure, the importance of the region in terms of oil supply is reflected in oil prices. #crypto2023

This week is not very busy in terms of economic data. US third-quarter growth, manufacturing and services PMIs will be released. The main agenda item of the week will be the personal consumption expenditures (PCE) price index, which will be announced on Friday. In addition, although no interest rate increase is expected, the ECB interest rate decision will be announced.

The balance sheet period in the USA continues, the figures announced so far are not bad. There are also important balance sheets available this week. Thursday Tuesday; Microsoft, Alphabet, Visa, Coca Cola, Texas Instruments, Novartis, General Electric, General Motors, Spotify and Snap, Wednesday; Meta Platforms, Thermo Fisher Scientific, T-Mobile, IBM, Boeing and Moodys, Thursday; Amazon, Mastercard, Merck, Comcast, Linde, Intel, Honeywell, Ford and United Parcel Service, Friday; Exxon, Chevron, AbbVie, Sanofi and Colgate will announce balance sheets.

When we return to the country, the geopolitical risks in the region continue. The stock market #BIST which was the most affected by the war after Israel, experienced a 13% depreciation since the beginning of the war. On Thursday, the PPK will announce its interest rate decision. Inflation and inflation expectations are high. When we take into account the increase in oil prices, the inflation risk is still upward. The market expects a rate increase of 500 basis points.

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