This week, the Central Bank of the United States will announce its interest rate decision.

"APA-Economics" informs that the analysts of InvestAZ Investment Company have provided information about the latest situation in the world financial markets this week and what is expected in the short term.

EUR.


Last weekend, after the inflation indicators announced in the Eurozone remained unchanged at high numbers, the price of the euro rose.

The EURUSD pair, which rose to the level of 1.0030 points, is currently trading at the level of 1.0000 points.

The US Central Bank (FED) will announce its interest rate decision on Wednesday at 22:00.

GBP.


Against the backdrop of weakly announced economic indicators last week, the pound fell to a 37-year low of 1.1351 points.


The Bank of England is expected to announce its interest rate decision on September 22.


TRY.


The upward trend continues in the USDTRY exchange rate, which fell to 18.2180 TL last Friday.

Historical maximums can be tested next time in the event that the level of 18.26 TL will be broken in the USDTRY pair, which is currently trading at 18.25 TL.

The interest rate decision of the Central Bank of Turkey will be announced on Thursday at 15:00.

OIL.


US Finance Minister Janet Yellen's statement last week stated that the oil production in the US is at its maximum, with predictions that it will not be able to meet the demand for oil in Europe in the next cold months.

Another positive factor affecting the price is the lifting of Covid-19 restrictions in China's major cities.


GOLD.


Although gold fell to $1,654 last week, it rose again to $1,680.

Gold may rise to $1,700 amid expected volatility this week.


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On Wednesday at 22.00, the US Central Bank (FED) will announce its interest rate decision.

Gold may rise to $1,700 amid expected volatility this week.