EconoTicker

Turkey's foreign exchange reserves have decreased to $62.808 billion as of September 18, 2026, down from $68.444 billion in the previous reporting period. This decline may raise concerns regarding the country's liquidity and ability to manage foreign obligations. The data was released on Thursday, September 24, 2026, at 11:30 AM.

Possible Market Effect: Limited impact on the market due to the low importance of the event.

Q&A:

Q: What were Turkey's foreign exchange reserves on September 18, 2026?

A: The foreign exchange reserves were $62.808 billion.

Q: How do the current reserves compare to the previous period?

A: The reserves decreased from $68.444 billion in the previous period.

Market Sentiment: Neutral - The decline in reserves is concerning but not significant enough to alter overall market sentiment.

Brazil's FGV Consumer Confidence index recorded a slight decline in September 2026, falling to 84.2 from the previous month's figure of 84.7. The actual reading surpassed forecasts, which anticipated a score of 84. This indicates a modest level of consumer optimism despite the slight dip. The data was released on Thursday, September 24, 2026, at 11:00 AM.

Possible Market Effect: Limited impact on the market due to the low importance of the event.

Q&A:

Q: What was the actual FGV Consumer Confidence index for Brazil in September 2026?

A: The actual FGV Consumer Confidence index was 84.2.

Q: How does the September 2026 index compare to the previous month?

A: The index decreased from 84.7 in the previous month.

Market Sentiment: Neutral - The slight decline in consumer confidence does not indicate a significant shift in market sentiment.

Indonesia's M2 Money Supply year-on-year growth has decreased slightly to 8.2% in September 2026, down from 8.3% in the previous month. This modest decline indicates a slight cooling in the expansion of the money supply, which could have implications for liquidity and inflation in the economy. The data was released at 04:20 AM local time on September 24, 2026, but no forecast or consensus figures were available for comparison.

Possible Market Effect: The decrease in M2 growth may lead to a cautious sentiment in the market regarding liquidity and inflation expectations.

Q&A:

Q: What was the M2 Money Supply YoY growth rate in Indonesia for September 2026?

A: The M2 Money Supply YoY growth rate in Indonesia for September 2026 was 8.2%.

Q: How does the current M2 Money Supply compare to the previous month in Indonesia?

A: The current M2 Money Supply has decreased from 8.3% in the previous month to 8.2%.

Market Sentiment: Neutral - The slight decline in M2 growth suggests stability but raises concerns about potential liquidity issues.

Argentina's retail sales experienced a remarkable year-on-year increase of 23% in July 2026, significantly outperforming the forecast of 11.0% and the previous figure of 13.4%. This substantial growth indicates a robust consumer spending environment in the country, reflecting positive economic sentiment among consumers. The data was released on Wednesday, September 23, 2026, at 7:00 PM.

Possible Market Effect: Positive sentiment towards the Argentine retail sector.

Q&A:

Q: What was the actual year-on-year retail sales growth in Argentina for July 2026?

A: The actual year-on-year retail sales growth was 23%.

Q: How did the July 2026 retail sales figure compare to the forecast?

A: The July 2026 retail sales figure of 23% significantly exceeded the forecast of 11.0%.

Market Sentiment: Buy - Strong retail sales growth suggests a favorable outlook for consumer spending in Argentina.

On Wednesday, September 23, 2026, South Africa's central bank announced that the interest rate remained unchanged at 7.25%, aligning with market forecasts and the previous rate of 7%. This decision reflects the bank's cautious approach amid ongoing economic challenges. Additionally, the Prime Overdraft Rate was also held steady at 10.75%, up from the previous rate of 10.50%. These rates indicate a stable lending environment as the country navigates its economic landscape.

Possible Market Effect: Limited impact on market sentiment due to steady rates.

Q&A:

Q: What was the interest rate decision in South Africa on September 23, 2026?

A: The interest rate was held steady at 7.25%.

Q: How did the Prime Overdraft Rate change in South Africa on the same date?

A: The Prime Overdraft Rate remained at 10.75%, up from 10.50%.

Market Sentiment: Neutral - The steady rates suggest stability but indicate limited room for economic growth.

South Korea's consumer confidence index showed a notable increase in September 2026, reaching 106.6, surpassing the forecast of 104.8 and the previous month's figure of 104.5. This rise indicates a growing optimism among consumers regarding the economic outlook. The data was released on Tuesday, September 22, at 9:00 PM, reflecting a positive sentiment that could influence spending and investment in the coming months.

Possible Market Effect: Positive sentiment may lead to increased consumer spending and investment.

Q&A:

Q: What was the actual consumer confidence index for South Korea in September 2026?

A: The actual consumer confidence index was 106.6.

Q: How does the September 2026 consumer confidence compare to the previous month?

A: It increased from 104.5 in the previous month to 106.6.

Market Sentiment: Buy - The rise in consumer confidence suggests a favorable economic outlook.

Mexico's retail sales figures for July 2026 showed a slight decline, with the month-over-month (MoM) sales dropping by 0.1%, falling short of the forecasted increase of 0.3%. This follows a previous decline of 0.2% in June. Additionally, year-over-year (YoY) retail sales growth was recorded at 1.8%, which also missed expectations of 2.5% and was lower than the previous year's growth of 2.9%. These figures indicate a slowdown in consumer spending, which could have implications for the overall economic outlook in Mexico.

Possible Market Effect: Potentially negative impact on consumer sentiment and economic growth outlook.

Q&A:

Q: What was the actual month-over-month retail sales figure for Mexico in July 2026?

A: The actual month-over-month retail sales figure was -0.1%.

Q: How did the year-over-year retail sales growth in Mexico compare to forecasts in July 2026?

A: The year-over-year retail sales growth was 1.8%, which was below the forecast of 2.5%.

Market Sentiment: Neutral - The mixed results in retail sales suggest a cautious consumer environment.

In a recent report, Turkey's Central Government Debt was recorded at TRY 15.894 trillion as of August 2026. This figure is slightly below the forecast of TRY 15.948 trillion and shows a significant increase from the previous month's debt of TRY 15.471 trillion. The data reflects ongoing fiscal challenges as the government navigates economic pressures. The announcement was made on Monday, September 21, 2026, at 2:30 PM.

Possible Market Effect: The lower-than-expected debt figure may indicate a cautious approach by investors, potentially leading to a neutral market sentiment regarding Turkish government bonds.

Q&A:

Q: What was Turkey's Central Government Debt in August 2026?

A: Turkey's Central Government Debt was TRY 15.894 trillion in August 2026.

Q: How does the current debt compare to the previous month?

A: The current debt increased from TRY 15.471 trillion in the previous month.

Market Sentiment: Neutral - Investors may remain cautious given the slight miss on forecasts.

Turkey's business confidence index registered a decline in September 2026, falling to 102.0 from a previous value of 102.8. The forecast for the index was slightly higher at 102.5, indicating a more optimistic outlook that did not materialize. This drop may reflect concerns among businesses regarding economic conditions and future growth prospects. The data was released on Monday, September 21, 2026, at 07:00 AM.

In contrast, Turkey's capacity utilization rate showed a positive trend, increasing to 74.2% in September, surpassing the forecast of 74.0% and up from the previous 73.5%. This suggests that while business confidence may be waning, production capabilities are being utilized more effectively.

Possible Market Effect: The decline in business confidence may lead to cautious investment decisions, while the increase in capacity utilization could indicate a stronger production outlook.

Q&A:

Q: What was Turkey's business confidence index in September 2026?

A: The business confidence index in Turkey was 102.0 in September 2026.

Q: How did Turkey's capacity utilization change in September 2026?

A: Turkey's capacity utilization increased to 74.2% in September 2026.

Market Sentiment: Neutral - The mixed signals from business confidence and capacity utilization suggest a cautious market outlook.

Singapore's unemployment rate remained stable at 1.9% for the second quarter of 2026, slightly better than the forecast of 2.0% and unchanged from the previous quarter's rate. This figure indicates a resilient labor market amidst ongoing economic challenges. The consensus expectation was also set at 2.0%, making the actual result a positive surprise for analysts. The data was released on Monday, September 21, 2026, at 4:30 AM.

Possible Market Effect: Neutral

Q&A:

Q: What was Singapore's unemployment rate in Q2 2026?

A: Singapore's unemployment rate in Q2 2026 was 1.9%.

Q: How did the actual unemployment rate compare to forecasts for Singapore in Q2 2026?

A: The actual unemployment rate of 1.9% was better than the forecast of 2.0%.

Market Sentiment: Neutral - The stable unemployment rate suggests no immediate market action is required.

On Monday, September 21, 2026, South Korea conducted its 5-Year KTB auction, resulting in a yield of 4.275%. This marks an increase from the previous yield of 4.131%. The auction reflects the current market conditions and investor sentiment towards government securities. The yield rise indicates a potential shift in investor expectations regarding interest rates and economic outlook.

Possible Market Effect: The increase in yield may lead to a cautious sentiment among investors regarding South Korean government bonds, potentially affecting demand.

Q&A:

Q: What was the yield of the 5-Year KTB auction in South Korea on September 21, 2026?

A: The yield was 4.275%.

Q: How does the current yield compare to the previous auction in South Korea?

A: The current yield increased from the previous 4.131%.

Market Sentiment: Neutral - The yield increase is modest and reflects ongoing market adjustments rather than a significant shift in sentiment.

Argentina reported a balance of trade surplus of $2.187 billion for August 2026, surpassing the forecast of $2.090 billion and the previous month's surplus of $2.115 billion. The consensus estimate was set at $2.055 billion, indicating a stronger-than-expected performance in the trade sector. This positive result reflects the country's ongoing efforts to enhance its export capabilities amid challenging economic conditions.

Possible Market Effect: Neutral

Q&A:

Q: What was Argentina's balance of trade surplus for August 2026?

A: Argentina's balance of trade surplus for August 2026 was $2.187 billion.

Q: How did the actual balance of trade compare to the forecast?

A: The actual balance of trade of $2.187 billion exceeded the forecast of $2.090 billion.

Market Sentiment: Neutral - The trade surplus is positive but does not significantly alter market sentiment.