Anasayfa Blog Market Agenda Weekly Closing 21-25 October 2024

Weekly Closing 21-25 October 2024

by Gürkan Aydoğan
Weekly Closing 21-25 October 2024

While leaving the critical week behind; volatility remained somewhat low compared to the rest of the month, especially in terms of data economy. We started the week with the Chinese Central Bank reducing the Credit Interest Rates from 3.15% to 3.10.


On the other hand, the figures for Second-hand housing sales on the American front were announced. The expectations were announced at around 3.88M and at a mikta drop at 3.84M. The most important data of the week was remarkable that applications for Unemployment Rights Benefit announced from the US on Thursday came under expectations, and that the US Index of Service Purchasing Managers exceeded expectations.