23 September 2026 · 3 dk okuma

FXPARTNER Market Summary | 23.09.2026 Wednesday Night Update

Heading into Wednesday night, global markets focused on the **US S&P Global** flash **PMI** data coming in strong, which repriced inflation concerns and sent the **10-year US Treasury** yield jumping **13 basis points** at once to **5.10%**, its highest level since **2007**; **Fed Governor Michael Barr** striking a hawkish tone in remarks prepared for a housing conference in **Chicago**; the **Nasdaq Composite** and **Russell 2000** index losing more than **1%** on **Wall Street** under the pressure of these developments; and markets now turning their attention to Thursday's summit between **President Trump** and **Chinese President Xi Jinping** as part of Xi's official visit to **Washington**. The **10-year US Treasury** yield jumped **13 basis points** at once to **5.10%** on inflation concerns fueled by the strong **PMI** data; this marks its highest level since **2007**. **Fed Governor Michael Barr**, in remarks prepared for a housing conference in **Chicago**, said there was still more work to do even after the **Fed**'s quarter-point rate hike last week, adding that further policy adjustments may be needed to bring inflation down to target in a timely fashion; Barr called last week's hike an important step while saying the committee had fallen behind on rates before that move. Following the remarks, market expectations of another rate hike at the **October FOMC meeting** strengthened. Under pressure from rising bond yields and oil prices, the **Dow Jones**, **S&P 500** and **Nasdaq** indexes ended the day lower on **Wall Street**; the **Nasdaq Composite** and the **Russell 2000** index, which tracks smaller companies, lost more than **1%**. The selling also coincided with weakening risk appetite ahead of tomorrow's **Trump-Xi summit** in **Washington**. As part of **Chinese President Xi Jinping**'s official visit to **Washington** from **September 23-25**, markets are cautiously optimistic ahead of his summit with **President Trump** on Thursday; the talks are expected to cover **artificial intelligence**, tariffs, **rare earth elements** and the **Iran** war, with markets hoping for an extension of the trade truce reached last fall. Markets are now focused on tomorrow's **US weekly jobless claims** data, due at **15.30 (TSİ)**, and on the outcome of the **Trump-Xi summit**.