📢 ECONOMIC AGENDA | 28 SEPTEMBER
🇹🇷 Borsa Istanbul: BIST 100 started the week with a sharp sell-off. The index fell 1.62% at the opening to 12,689 points.
💵 FX: While USD/TRY is trading around 48.98, EUR/TRY is hovering near the 55.7 level.
🪙 Gold: Gold started the week with a sharp drop in global markets. While spot gold slips back toward the 4,200-dollars level, rising oil prices and expectations for higher interest rates are weighing on the precious metal.
🛢️ Oil: Upward movement in oil prices comes to the fore due to the impact of heightened tensions in the Middle East. Brent is trying to stay above the $100 mark.
🌍 Global markets: As geopolitical risks rise again, selling pressure is evident in global markets on the first trading day of the week. Declines also dominate much of the Asian markets.
🇺🇸 USA: Markets are focused on the US employment and inflation data to be released this week. The figures are important for expectations regarding the Fed’s interest-rate policy in the coming period.
📋 Fund market: New statements have been released regarding transactions of certain funds under liquidation that could not be carried out via TEFAS.
📌 Summary of the day:
Stock market 🔻 | Gold 🔻 | Oil 🔺 | Dollar ➡️ | Geopolitical risk 🔺
🇹🇷 Borsa Istanbul: BIST 100 started the week with a sharp sell-off. The index fell 1.62% at the opening to 12,689 points.
💵 FX: While USD/TRY is trading around 48.98, EUR/TRY is hovering near the 55.7 level.
🪙 Gold: Gold started the week with a sharp drop in global markets. While spot gold slips back toward the 4,200-dollars level, rising oil prices and expectations for higher interest rates are weighing on the precious metal.
🛢️ Oil: Upward movement in oil prices comes to the fore due to the impact of heightened tensions in the Middle East. Brent is trying to stay above the $100 mark.
🌍 Global markets: As geopolitical risks rise again, selling pressure is evident in global markets on the first trading day of the week. Declines also dominate much of the Asian markets.
🇺🇸 USA: Markets are focused on the US employment and inflation data to be released this week. The figures are important for expectations regarding the Fed’s interest-rate policy in the coming period.
📋 Fund market: New statements have been released regarding transactions of certain funds under liquidation that could not be carried out via TEFAS.
📌 Summary of the day:
Stock market 🔻 | Gold 🔻 | Oil 🔺 | Dollar ➡️ | Geopolitical risk 🔺