During a relatively quiet week for economic data due to the New Year holidays, volatility in precious metal prices came to the fore, while markets closely followed the minutes of the Fed’s December meeting.

The current account balance recorded a surplus of 457 million USD in October.

The Turkish economy grew by 3.7% year-on-year in the third quarter.

Developments regarding US and Chinese trade policies were closely monitored in October. Leaders’s messages created a positive atmosphere following the meeting between Trump and Xi at the end of the month.

Monthly CPI inflation in November was 0.87%, below market expectations of 1.25%.