{"id":131861,"date":"2018-08-13T07:45:58","date_gmt":"2018-08-13T11:45:58","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=131861"},"modified":"2018-08-13T06:41:08","modified_gmt":"2018-08-13T10:41:08","slug":"conflict-between-the-us-and-turkey-is-in-the-focus-of-attention","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/08\/conflict-between-the-us-and-turkey-is-in-the-focus-of-attention\/","title":{"rendered":"Conflict Between the US and Turkey Is in the Focus of Attention"},"content":{"rendered":"
August 13, 2018<\/div>
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by\u00a0JustForex<\/u><\/a><\/p>\n

On Friday, the US dollar strengthened significantly against the basket of major currencies. The US dollar index (#DX) updated the monthly high and closed in the positive zone (+0.90%). The growth of the US currency was triggered by the conflict between the US and Turkey. The US imposed sanctions for Turkey due to the arrest of Andrew Brunson, a Protestant pastor and the US citizen. On Friday, Donald Trump doubled duties on Turkish steel and aluminum. Financial market participants assess risks for the European banking system due to a significant weakening of the Turkish lira.<\/p>\n

The British pound weakened after the release of weak data on the UK GDP. On a monthly basis, GDP growth slowed down to 0.1%, while experts expected 0.2%. In annual terms, GDP counted to 1.3% in the second quarter, as investors expected. In turn, the manufacturing production in the UK increased by 0.4% in June and was above the expected value of 0.3%. Core consumer price index in the US, as expected, counted to 0.2% in July. The number of employed in Canada rose to 54.1K instead of 17.5K in July.<\/p>\n

The “black gold” prices are consolidating. At the moment, futures for the WTI crude oil are testing a mark of $67.45 per barrel.<\/p>\n

Market Indicators<\/h2>\n

On Friday, there was the bearish sentiment in the US stock market: #SPY (-0.67%), #DIA (-0.73%), #QQQ (-0.76%).<\/p>\n

At the moment, the 10-year US government bonds yield is at the level of 2.86%-2.87%.<\/p>

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<\/div>\n
The news feed on 2018.08.13:<\/div>\n

Today, important economic data are not expected to be published.<\/p>\n

by\u00a0JustForex<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

by\u00a0JustForex On Friday, the US dollar strengthened significantly against the basket of major currencies. The US dollar index (#DX) updated the monthly high and closed in the positive zone (+0.90%). The growth of the US currency was triggered by the conflict between the US and Turkey. The US imposed sanctions for Turkey due to the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-131861","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/131861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=131861"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/131861\/revisions"}],"predecessor-version":[{"id":131862,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/131861\/revisions\/131862"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=131861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=131861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=131861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}