Global Markets are Mixed

With recession concerns coming to the fore around the world, while the global markets are following a fluctuating course, the monetary policy decisions of the Bank of England are carefully followed.
It was observed that the intensified macroeconomic indicators continued to affect the pricing in the recession and inflation dilemma.
The Consumer Price Index, announced in the United States, rose 0.4 percent month-on-month and 4.9 percent year-on-year in April, while annual inflation fell to its lowest level since April 2021.
Making a statement after the announced inflation data, Richmond Fed President Tom Barkin stated that although the CPI was realized below the expected rates, inflation remained stubbornly high.
In a statement made by US President Joe Biden, he stated that if the US defaults on the debt limit, the whole world will be in pain.
While the Nasdaq index increased by 1.04%, the S&P 500 index increased by 0.45% in the New York stock market, the Dow Jones index decreased by 0.09%, and the United States index futures contracts started the new day with an increase.
While the eyes in the region turned to the interest rate decision of the BoE, the stock markets in Europe followed a sales-oriented course.
In the statement made by the analysts, it was stated that there are strong uncertainties regarding the future policies of the Bank of England, and that the volatility in the expectations in the markets may increase after the meeting.
On the other hand, the CPI in Germany increased by 0.4 percent every month and by 7.2 percent on an annual basis, in line with expectations.
Yesterday, the DAX 40 index decreased by 0.37 percent in Germany, the FTSE 100 index decreased by 0.29 percent in the UK, the CAC 40 index decreased by 0.49 percent in France and the MIB 30 index decreased by 0.43 in Italy. Index futures contracts in Europe started the new day with rising.
While Asian stock markets are following a sales-heavy course today, concerns about the Chinese economy are effective in this course.
Chinese authorities warned banks to lower deposit rates so that loan rates could decline.