Markets are fixated on the Central Bank’s inflation report. Whether the CBRT will make any changes to its inflation expectations will be closely monitored.

All eyes are on the Central Bank (CBRT) inflation report in the markets. CBRT President Fatih Karahan will speak at the meeting of the year’s first inflation report, which will begin at 10:30.

It will be monitored whether the CBRT, whose midpoint of the inflation forecast for the end of the year is at 21 percent, will make any changes. The CBRT’s inflation forecast for the end of 2026 is at 12 percent in the previous report. In addition, the forward guidance of the CBRT, which started the interest rate cut cycle with two steps of 250 basis points in the previous report, will also be closely followed by the market. Exchange rates started the last trading day of the week with a slight increase. The dollar/TL traded around the 36 band in the early transactions. The Euro/TL, on the other hand, was priced around 37.38. Furthermore, domestic cash balance data for January will also be monitored. The Consumer Price Index (CPI) increased by 5.03 percent monthly and 42.12 percent annually in January. The main factor behind the increase in the data exceeding expectations was health expenditures, which saw a record increase of 23.57 percent monthly. In the global markets, attention will be given to the US non-farm payroll data. Prior to the data, expectations of a wide-ranging trade war have diminished.