Market Developments in Light of US Employment Data and Fund Investigation
Following the fund investigation in the markets and the US employment data, investors' search for safe havens and the latest situation in the stock market were evaluated.
The fund investigation conducted by the Istanbul Chief Public Prosecutor's Office and the non-farm payrolls data from the US falling below expectations are impacting the markets.
Fund Investigation and Deposit Trends
While the fund investigation carried out by the Istanbul Chief Public Prosecutor's Office continues, investors are expected to act more selectively.
Borsa İstanbul and Foreign Investors
Borsa İstanbul experienced a 20% decline from its peak level due to developments stemming from the funds, retreating to the threshold of a bear market.
Inflation Expectations and Global Markets
The US non-farm payrolls data falling short of expectations and developments between the US and Iran triggered mild relief rallies in the markets.