The dollar started today with a 0.12 percent increase. Its weekly increase was 0.56 percent. Exchange rates continue to contribute to disinflation… Turkish Lira continues to bring profit to investors. According to TÜİK data, deposits earned the most interest last month.
The rise in Borsa Istanbul, which fell to historical lows after the fund crisis, continues. With concrete steps being taken in the fund crisis and payments starting, the increase in the BIST100 Index was 2 percent yesterday, while the increase in the last week was 5.86 percent.
Vice President Cevdet Yılmaz said that voluntary returns to SDIF reached 31.6 billion TL.
Industrial production figures will be announced today.
The rise in global markets continues, led by chip stocks. While US stock markets closed yesterday with increases exceeding 2 percent, Asian markets continue today with increases exceeding 2 percent.
The rise was driven by the analysis that artificial intelligence spending is not done on a blank wall, that Anthropic and OpenAI’s revenues exceed 10 billion dollars, which means opportunities. On the other hand, the expectation that the democrats, who won both wings in the USA, will not restrict artificial intelligence expenditures is one of the developments that are effective in the rise.
The overwhelming victory of the Democrats was the message of the US people to “leave Iran and focus on the inside”. This forces Trump to make an agreement with Iran that will also open the Strait of Hormuz. Negotiations between the USA and Iran continue under the mediation of Qatar.
Oil prices started today with a 1.1 percent decrease at 91 dollars… The DXY Index, which measures the strength of the dollar against other currencies, continues its decline.
