Home Blog Market Analysis Weekly Market Analysis / 2 -6 January 2023

Weekly Market Analysis / 2 -6 January 2023

by Buse Kozok
Weekly Market Analysis /  2 -6  January 2023

Last week, global markets had a quiet week in terms of data flow due to Christmas. While China officially announced that it will end the quarantine for incoming passengers on January 8, the USA has made it mandatory for those coming to the USA from China to perform the Covid-19 test as of January 5, 2023. The economic confidence index in Turkey increased by 0.7% in December to 97.6. According to temporary foreign trade data; In November 2022, exports increased by 2.1% compared to the same month of the previous year and reached 21.9 billion dollars, while imports increased by 14.0% and reached 30.7 billion dollars. Thus, the foreign trade deficit increased by 60.7% compared to the same month of the previous year and reached 8.76 billion dollars. An ounce of gold continues to be priced above $1.800.

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