Gold and Money Markets Expert İslam Memiş’s article on TV100 is as follows:
There is intense data flow in financial markets this week, with interest rate decisions in the Asian region and speeches by central bank officials.
Fed meeting minutes and US inflation data will be announced.
There is no data that will affect the markets.
The focus of the markets will generally be on tensions in the Middle East.
Israel/Iran tension should be followed closely.
The band ranges I will be following in the markets this week are as follows:
Bist100 index;
It closed at 9 thousand 109 points.
After sharp declines, it rose by 2.37 percent due to reaction purchases.
This week I will follow the 9 thousand 50-9 thousand 400 points range.
Exchange rates;
The dollar/TL exchange rate closed at 34.23 lira and the euro/TL exchange rate closed at 37.63 lira.
The dollar index (dxy) testing above the 102 level caused the dollar to gain value and the Euro to lose value in international markets.
When my general expectation in exchange rates is positive, I do not expect the declines to be permanent on a TL basis.
