NY Fed Survey: Near‑Term Inflation Expectations Rise in June

The New York Fed survey indicates that near-term inflation expectations have risen, which could increase expectations for interest rate hikes and put pressure on technology stocks. GOOGL has risen more than 3% in the last 24 hours, with an RSI of 66 and a bullish MACD signal; technical indicators still support a strong upward trend. However, rising inflation expectations may reduce risk appetite in markets in the short term. Therefore, despite being technically strong, a slight decline or sideways movement can be expected in the near term due to fundamental factors. Investors are advised to closely monitor both technical and macroeconomic signals.

The news indicates that rising inflation expectations could support the Fed's tightening policy and strengthen the DXY. On the technical indicators, the RSI is at 51, in neutral territory, while the MACD gives a slight bullish signal above the signal line. The price is trading just above the SMA20 and SMA50, suggesting potential short-term upward momentum. However, the move does not inspire high confidence due to the risk of limited movement.

NDX experienced a 2.4% decline in the last 24 hours, falling below its 50-day moving average. The RSI is at 40, indicating weak momentum, while the MACD remains below the signal line and in negative territory. Rising inflation expectations in the New York Fed survey could weaken rate cut expectations and pressure technology stocks. In the short term, the combination of weak technical indicators and macroeconomic concerns suggests a high probability of continued downside movement in NDX.

The news indicates that inflation expectations in the US are rising. This could put pressure on emerging market currencies and provide upward support for USDTRY. Technically, the RSI is at 53.5, in neutral territory, while the MACD is below the signal line but near zero. The price remains above the SMA20 and SMA50, maintaining a short-term bullish trend. However, momentum is weak, so any upward movement is expected to be limited.