In global markets, US President Donald Trump’s protectionist approach in economic and trade policies, as well as a mixed course with the continuation of geopolitical risks, the eyes turned into monetary policy decisions of the US Federal Reserve (FED) this evening.
US President Trump’s tariffs to important trade partners of the country and retaliation from these countries cause an increase in risk perception during this period of geopolitical risks.
Trump’s trading war launched through tariffs, concerns that the US may trigger inflationist pressures in the United States, while the FED’s interest rate decision and Fed President Powell’s speech after the decision settled in the focus of investors.
Prices in the money markets will keep the policy interest constant in the money markets, while the policy text and Powell’s word -oriented signals are expected to be effective on the direction of the markets.
On the other hand, the US and Russia have created an optimism, albeit limited, albeit limited. Trump, Truth Social account, said in a statement, Russian President Putin’le phone call was very good and efficient, he said.
“We have agreed to provide a ceasefire in all energy and infrastructure fields,” Trump said in his statement. He said.
On the other hand, the international credit rating agency Fitch Ratings reduced this year’s growth expectation regarding the global economy due to the trade war initiated by the United States to 2.3 percent from 2.6 percent to 2.3 percent and the next year’s expectation from 2.3 percent to 2.2 percent.
According to the data released in the country, the number of new houses started to be made above the market expectations with an increase of 11.2 percent in February, while the number of construction permits given in February fell 1.2 percent on a monthly basis.
Industrial production in the United States increased by 0.7 percent in February to over market expectations.
On the corporate side, Nvidia, who announced its latest technologies and new collaborations at the annual software developer conference, fell by more than 3 percent, while Alphabet shares fell more than 2 percent after the news that Google will buy the cloud security company Wiz for $ 32 billion.
With these developments, the US’s 10 -year bond interest rate was 4.30 percent, while the dollar index was balanced at 103.3.
Global -scale economic uncertainties, the purchases of central banks and increased geopolitical risks with the effect of a record -breaking gold -breaking ounce of gold yesterday with an increase of 1.1 percent yesterday, 3 thousand 34 dollars, while the new day 3 thousand 39 dollars reached the highest level of all time. Ones Gold is currently trading at 3 thousand 35 dollars with a rise of 0.1 percent.
The barrel price of Brent oil is located horizontally at 70 dollars.
Yesterday at the New York Stock Exchange, the S&P 500 index fell by 1.06 percent, the Nasdaq index 1.71 percent and the Dow Jones index decreased by 0.62 percent. Index futures contracts in the US started the new day with a positive course.
While a positive course was followed yesterday in the European stock exchanges, the eyes were turned into inflation data to be announced in the euro region today.
While the developments in the war between Russia and Ukraine in the region are closely monitored, the Federal Assembly in Germany approved the financial package that will enable a 500 billion euro infrastructure and climatic fund to establish a 500 billion euros in order to pave the way for high defense expenditures.
Fitch Ratings, “German’s expenditure plans show the desire to use the financial area for geopolitical and growth difficulties” in the analysis, additional expenditures will support economic growth in the country and expectations will increase competitiveness.
Furthermore, the organization said that Germany’s “AAA” credit rating would be under long -term pressure if the major borrowing for infrastructure and defense is not balanced with reforms or does not lead to a permanent improvement in growth.
On the other hand, according to the data announced yesterday, the European Union (EU) gave a foreign trade deficit of 5.4 billion euros in January.
Yesterday, DAX 40 percent in Germany, 1.03 percent of the CAC 40 index in France, 0.50 percent, FTSE MIB 30 index in Italy, 1.31 percent and the FTSE 100 index in the UK won 0.29 percent. Index futures contracts in Europe started the new day with a positive course.
Asian stock exchanges came to the forefront except Japan, while the Central Bank of Japan (Boj) kept the policy interest rate constant at 0.50 percent within the expectations.
In the policy text, although the Japanese economy is partly weakness, the economy has recorded a moderate recovery, stating that fixed capital investments tend to increase with the tendency to improve the profits of the company.
The text indicated that inflation expectations have increased in a moderate way and it was possible to show possible growth performance of the national economy at a speed above the potential growth rate.
In the text, it was stated that the developments in the financial and foreign exchange markets and their effects on the economic activity of Japan and prices will be carefully monitored, while in particular, with the recent shifting of the behaviors of the companies towards increasing wages and prices, the likelihood of exchange rate developments increased compared to the past.
On the other hand, Fitch Ratings reported that financial relaxation in China will mitigate the impact of US high import tariffs.
According to the data described in the region today, industrial production in Japan decreases with 1.1 percent in January with 1.1 percent in parallel with expectations.
Nearly closing with these developments, the Nikkei 225 index in Japan is horizontal, while the Hang Seng index in Hong Kong increased by 0.4 percent, the KOSPI index in South Korea was 0.8 percent and the Shanghai compound index increased by 0.1 percent in China.
BIST 100 Index in Borsa İstanbul, which followed a sales -weighted course yesterday in the country, lost 0.55 percent value by 10.802.23 points.
Dollar/TL, yesterday, 0.1 percent rise from 36,6880, today, today the opening of the interbank market increased by 0.1 percent of 36,7330 is traded.
Analysts, today, the data agenda will be calm in the country, the Fed’s interest rate decision and the euro region of the Euro region will be at the focus of the markets, technically the BIST 100 index of 10.500 and 10.300 levels, 10.900 and 11,000 points, he said.
