The Conference Board Consumer Confidence Index in the USA fell to 106.7 in February, with a monthly decrease of 4.2 points. Consumer Confidence, which was below expectations, was predicted to reach 114.8 in this period. Consumer Confidence Index in the USA was calculated as 110.9 in January.
The US Department of Commerce announced durable goods orders data for January. Accordingly, orders fell by 6.1 percent last month. This was the largest decline since April 2020. The expectation was a 5 percent decrease.
US Deputy Treasury Secretary Wally Adeyemo stated that financial flows to Russia slowed down after the US warning to banks.
In the draft text of the G-20 final declaration, it was stated that the possibility of a soft landing in the global economy has increased. It was also stated in the text that the rapid disinflation process was among the upside risks.
According to RBC’s daily report, Russia will ban gasoline exports for 6 months. According to RBC newspaper’s news on Tuesday, based on two sources, Russian Prime Minister Mikhail Mishustin has approved a ban on gasoline exports for six months, starting from March 1.
UBP Fixed Income Assets Analyst Apostolos Bantis said, “In 2023, bonds in Turkey were one of the best-performing bond markets. “We expect this weather to continue in 2024,” he said.
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