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News at the historic top of the Stock Exchange – BorsaGündem.com

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Macroeconomic data announced yesterday in Asia and the US indicated a slowdown in economies, which increased the perception of risk. On the other hand, while the People’s Bank of China (PBoC) interest rate cut positively impacted the markets, equity markets moved in an upward trend as data points to a slowdown in the real estate sector and a decline in real estate. prices in the US have raised expectations of a Fed slowdown. After the above data, money markets have begun pricing that the Fed will raise interest rates by 50 basis points with a 64% probability in September, while the possibility of a recession has increased the bond markets. The Istanbul Stock Exchange BIST 100 index, which followed a weighted sales trend yesterday, closed the day at 2,857.18 points, 0.25% lower than the previous close.

In power, contrary to what happened yesterday, is the Istanbul Stock Exchange, which started the day with a rise. Mobility increased with allegations about the S-400 deal. The director of the Russian military cooperation institute said a contract has been signed to send a second set of S-400 air defense systems to Turkey. With growing concerns following these claims, losses have increased in the BIST 100. Index While it dropped to 2,773 points with a decrease of nearly 3 percent, Many stocks have been suspended.

The defense industry presidency denied this claim. “Under the deal made on the first day, the process continues,” SSB said. made a statement. After the SSB denied the allegations, the index bounced back with bottom-up purchases and moved back to positive. With all these developments, the BIST 100 recorded its highest intraday volatility since June 8th.

As of 18:00 today, dollar / TL is trading at 17.96 and euro / TL is trading at 18.29.

ISTANBUL BAG

Analysts said today will follow housing sales and the house price index in the country, the ZEW expectations indices abroad in Germany and the euro area, and data on building permits, the start of housing and industrial production in the United States and, technically, the BIST 100 index will reach the levels of 2,880 and 2,900. resistance said 2,830 points are in support position.

The Istanbul Stock Exchange BIST 100 index closed the day at 2913.30 points with an increase of 1.96%.

While the BIST 100 index increased by 56.12 points compared to the previous close, the total volume of transactions stood at 65.9 billion Turkish Lira.

The index saw the lowest 2773 and the highest 2913 during the day.

Thus, the BIST 100 index renewed its historical high and closing record.

Denial of the S-400 from the defense industry to the Russian media

GLOBAL MARKETS

United States of America

There was a heavy buying trend in bond markets yesterday, while the yield curve inversion remained strong and prices continued as the country entered recession. While the yield difference between the yield on the US 10-year bond and the 3-month treasury bills has regressed to 20 basis points, the difference between the yield on the 2-year bond and the yield on the 10-year bond remains of about 40 basis points. Analysts said the macroeconomic data agenda, which will intensify from today, will continue to be effective on the direction of the markets and noted that the data to be announced on the US real estate sector will be closely followed by investors.

With these developments, the S&P 500 Index rose 0.40%, the Nasdaq Index by 0.62% and the Dow Jones Index by 0.45% in the New York stock market yesterday. Index futures contracts in the US started the new day with a modest decline.

The New York stock market opens flat

At the opening, the Dow Jones Index rose 0.04% to 33,924.35 points. The S&P 500 Index fell 0.16% to 4,290.46 points and the Nasdaq Index fell 0.35% to 13,082.64 points.

US industrial production exceeds forecasts

EUROPE

A strong buying trend was observed yesterday on the European equity markets. In the region, recession risks continue to intensify, adding to the problem of Germany’s natural gas supply that the drought has lowered the water level in rivers. As a result, it is feared that the inability of some ships to travel beyond the water level in the country, where rivers have an important share in domestic and foreign trade, could adversely affect the country’s supply chain. While ongoing negativities in the region have narrowed the European Central Bank’s (ECB) inflation-fighting area, it is interesting to note that expectations for a 50 basis point hike in interest rates at the August meeting decreased.

Yesterday the FTSE 100 index gained 0.11% in the UK, the DAX 40 index gained 0.15% in Germany and the CAC 40 index gained 0.25% in France. Today, index futures contracts in Europe started the new day with a weighted buy price.

European equity markets open higher

After opening, the Stoxx Europe 600 index rose 0.18% to 443.1 points and the DAX 40 index in Germany rose 0.26% to 13,852 points. In the UK the FTSE 100 index rose by 0.40% to 7,540 points, in Spain the IBEX 35 index grew by 0.36% to 8,458 points, in France the CAC 40 index grew by 0.18 % to 6,582 points and in Italy the MIB The 30 index increased by 0.38 percent, reaching 23,026 points with a premium of 0.23.

ASIA

On the Asian stock exchanges, on the other hand, after recession fears reinforced by yesterday’s data, we see that pricing on the markets has become difficult and the stock exchanges fluctuate.

While the Nikkei 225 Index remained flat in Japan near the close, the Hang Seng Index lost 0.55% in Hong Kong. The Shanghai Composite Index gained 0.15% in China and the Kospi Index gained 0.18% in South Korea.

MONEY MARKET

In the free market in Istanbul, the dollar is 17.9630 lire, the euro is 18.2560 lire started the day.

Yesterday The selling price of the dollar was 17.9630 lire and the selling price of the euro was 18.3250 lire.

USD / TL, to date, after starting with the ascent starting at 10:45 am It is trading just above yesterday’s close at 17.9630. at the same time euro / TL decreased 0.1 percent from 18.2310, pounds / TL Find buyers at 21.6230 with a 0.2% depreciation.

dollar index, After closing yesterday at 106.5 with a rise of 0.8 percent, today it continued its upward movement and tested its highest level since August 5 at 106.8. euro / dollar The parity also took its downward movement to the 3rd consecutive trading day and reached its lowest level in nearly two weeks with 1.0134.

Noon: In the free market in Istanbul, the dollar is sold at 17.9650 lire and the euro at 18.2090 lire.

As of 13:00 in international markets, the euro / dollar parity is at 1.0140, the pound / dollar parity is at 1.2020 and the dollar / yen parity is at 134.1.

End of the day: $ 17.9603 in the free market in Istanbul Lire is sold for 18.2852 lire in euros.

As of 18:00 on international markets, the euro / dollar parity is 1.0177, the pound / dollar parity is 1.2096 and the dollar / yen parity is around 134.37.

Critical week for the dollar

CRYPT COIN

The lackluster prospects in cryptocurrencies continue. bitcoin, As of 6pm today, it is trading at $ 23746, down 1.45%. Ethereum 1877, down 1.19%. BNB It is trading at $ 315, down 1.38%.

RAW MATERIALS MARKET

OIL

barrel of Brent oil It is trading at $ 93.92 in international markets.

Yesterday The price per barrel of Brent oil, which rose to 98.03 dollars, completed the day at 95.10 dollars. Brent oil price per barrel from 09:40 today Compared to the close, it fell 1.24 percent to $ 93.92. At the same time, West Texas Intermediate (WTI) crude oil found buyers at $ 88.48 a barrel. Rising global growth concerns following weak economic data announced in China had an effect on falling prices. July indicators in China point to a slowdown in the economic recovery. Continued concerns about the global recession also support the downward movement in prices.

Brent in oil technically It is stated that the range of $ 94.36 to $ 94.48 can be followed as resistance and the range of $ 93.24 to $ 93.12 as support.

Noon: The price per barrel of London Brent crude, on the other hand, is trading at $ 93.8, an increase of 0.7 percent.

End of the day: The price per barrel of London Brent crude is trading at $ 94 down 1.15%.

Concerns about the recession push oil prices lower

GOLD

Yesterday, The price per gram of gold, which lost value in parallel with the drop in the price of the ounce, closed the day at 1,027.6 lire with a drop of 1.1 percent.

price per gram of gold, after starting the new day with a horizontal trend from 10:30 It is trading at 1,027 lire, just below the previous close. at the same time quarter of gold 1,685 lire, gold republic It is also sold for 6,881 lire.

It ended the day at $ 1,779.6 down 1.3 percent yesterday. ounce price of gold, It is currently trading at $ 1,778, 0.1% lower than the previous close. Analysts reported that from a technical point of view, $ 1,760 is in support position and $ 1,820 is in resistance position in the price of one ounce of gold.

Noon: While the gold price per gram is traded at 1026 lire, a quarter of gold is sold at 1677 lire and republican gold is sold at 6688 lire.

One ounce of gold is trading at $ 1,775.8 per ounce on international markets.

End of the day: While the gold price per gram is sold for 1026 lire, a quarter of gold is sold for 1678 lire and republican gold is sold for 6693 lire.

An ounce of gold fell 0.15% on international markets until 1777 traded in dollars.

Horizontal view below

FUTURE MARKETS

The index contract, which followed a selling price yesterday, closed the regular session at 3,103.50 points, 0.6% lower than the previous close. The index contract rose to 3,126.75 points, recovering the losses of the evening session.

On the Istanbul Stock Exchange Futures and Options Market (VIOP) The contract, based on the BIST 30 August futures index, stabilized at 3,125 points after starting the day higher.

The August futures index contract is trading at 3,125.00, 0.7 percent higher than the close of the previous session, after hitting a high of 3,132.00 points. Analysts said that technically, the 3.150 and 3.180 levels are in the resistance position and the 3.100 and 3.080 points are in the support position in the index contract.

The index contract in VIOP started the day up


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