Global markets started the week positively with diplomacy and summit optimism
Risk appetite, which had weakened due to US Federal Reserve decisions, recovered in global markets driven by diplomatic contacts in New York and falling oil prices.
Global markets made a positive start to the new week, driven by hopes for diplomacy and expectations of meetings at the United Nations Summit, despite escalating geopolitical risks and the Fed's hawkish messages.
Diplomacy and Summit Expectations
Economic talks held by US and China delegations in New York and potential leader contacts were among the main factors boosting risk appetite in the markets.
Oil and Inflation Developments
As oil prices declined amid expectations that geopolitical risks might ease and energy supply would increase, this situation partially alleviated inflation concerns.
US and Asian Markets
While futures contracts on the New York stock exchange entered the week positively, China and South Korea indices in Asia posted gains driven by rising trade optimism.
European and Bond Markets
While European stock markets and futures contracts followed a buying-heavy trend, increasing energy costs and upward movements in bond yields across the region are being closely monitored.
Borsa İstanbul and Exchange Rate Developments
While the BIST 100 index finished Friday with a decline, the dollar/TL started the new week with a limited increase in the interbank market, and the CMB (SPK) extended the fund liquidation period.