アメリカ6か月の請求書オークション

アメリカ3か月の請求書オークション

アメリカシニアローン担当者調査

ユーロ圏ECBラガルドのスピーチ

The British pound climbed past $1.360, close to a 10-week high, as markets await a busy week of central bank decisions and UK data. The Bank of England is expected to hold its policy rate at 4% on Thursday and slow the pace of its £100 billion annual bond unwind. UK inflation for August, due Wednesday, is seen at 3.8% year-on-year, matching July’s 18-month high. The jobs report and retail sales will follow later in the week. Markets currently see a one-in-three chance of a BoE cut by December. Meanwhile, the Federal Reserve is expected to cut rates by 25 bps on Wednesday, with traders pricing in at least two further reductions by end-2025.

Sterling Rises Toward 10-Week High Ahead BoE Meeting

The Turkish lira steadied around record lows of 41.2 per USD in mid-September after a court postponed until October 24 a ruling on the leadership of the main opposition Republican People’s Party. The case, centered on alleged irregularities in the party’s 2023 congress and the removal of its elected leadership, had initially been scheduled for September 15. The delay provided some momentary relief to investors concerned about political instability, with banking stocks—among the hardest hit—leading the recovery. Separately, hundreds of CHP members, including Istanbul Mayor Ekrem Imamoglu, President Erdogan’s chief political rival, remain in detention pending trial in a wide-ranging investigation into alleged corruption and terrorism links. On the monetary front, the Central Bank of Turkey cut its benchmark one-week repo rate by 250 bps in September to 40.5%, slightly below expectations of 41%. Annual inflation eased to 32.95% in August while GDP expanded 4.8% yoy in Q2 2025.

Turkish Lira Steadies

Stocks in the US were higher on Monday, with the S&P 500 rising 0.4%, the Nasdaq adding 0.5% and the Dow Jones gaining about 50 points, as traders await the Fed’s policy decision. Markets have fully priced in a 25 bps cut to the fed funds rate, while leaving a small chance for a larger 50 bps move. Investors largely expect rate cuts to persist through year-end. On the corporate front, Tesla shares surged nearly 7% after reports that Elon Musk purchased about $1 billion worth of the EV maker’s stock last week. In contrast, Nvidia slipped about 1.5% after Chinese regulators said the company had violated anti-monopoly laws with its 2020 deal to acquire Mellanox Technologies. Also, Texas Instruments was down 3.8% after China launched an anti-dumping investigation targeting certain US analog chip makers. This comes as US and Chinese officials hold trade talks in Madrid, with President Trump noting that discussions had gone 'very well' and that he would speak with Xi Jinping on Friday.

US Stocks Kick Off the Week Higher

Turkey’s BIST 100 index rebounded above the 10,900 level in mid-September after a court postponed until October 24 a ruling on the leadership of the main opposition party, the Republican People’s Party. The case, centered on alleged irregularities in the party’s 2023 congress and the removal of its elected leadership, had initially been scheduled for September 15. The delay provided some momentary relief to investors concerned about political instability, with banking stocks—among the hardest hit—leading the recovery. Separately, hundreds of CHP members, including Istanbul Mayor Ekrem Imamoglu, President Erdogan’s chief political rival, remain in detention pending trial in a wide-ranging investigation into alleged corruption and terrorism links. On the monetary front, the Central Bank of Turkey cut its benchmark one-week repo rate by 250 bps in September to 40.5%, slightly below expectations of 41%. Annual inflation eased to 32.95% in August while GDP expanded 4.8% yoy in Q2 2025.

話題の銘柄と投資戦略を提供します

タイムリーなニュースや経済イベント＆アイデアで、賢く投資を。

最新ニュース