Turkish Markets Daily on Nostr: Turkish Markets Daily We see flat trends ahead of Thursday's ECB and CBRT meetings. ...
Turkish Markets Daily
We see flat trends ahead of Thursday's ECB and CBRT meetings. However, US equity markets have hit new highs. In the emerging markets, which started the year relatively weak compared to the developed markets, the news of the support package in China is supportive in terms of reaction buying on the new day.
On the Borsa Istanbul, which started the week with a horizontal trend, the BIST-100 index closed yesterday with a rise of 0.1%. At the beginning of the day, we expect limited reaction buying above the 7900-7850 support zone. The resistance zone that we will follow on a daily basis is 8100-8160. Locally, the day's data traffic is low, with consumer confidence figures and the parliamentary agenda to be followed.
We see flat trends ahead of Thursday's ECB and CBRT meetings. However, US equity markets have hit new highs. In the emerging markets, which started the year relatively weak compared to the developed markets, the news of the support package in China is supportive in terms of reaction buying on the new day.
On the Borsa Istanbul, which started the week with a horizontal trend, the BIST-100 index closed yesterday with a rise of 0.1%. At the beginning of the day, we expect limited reaction buying above the 7900-7850 support zone. The resistance zone that we will follow on a daily basis is 8100-8160. Locally, the day's data traffic is low, with consumer confidence figures and the parliamentary agenda to be followed.