With the Omicron variant emerging in the new type of coronavirus (Kovid-19) epidemic, the rapid increase in the number of cases worldwide negatively affected the risk appetite in the markets, while a low volume and fluctuating course is expected in the open markets due to the holiday calendar on the last trading day of the year.
Despite the studies that the Omicron variant is easily circumvented and will not impose a burden on the health system, the record level of the number of cases has brought along the concern that it may adversely affect the global economic recovery.
Concerns that restrictions may increase after the number of cases that reached record levels in many countries in the Kovid-19 epidemic are increasing day by day.
On the other hand, according to the macroeconomic data announced in the USA yesterday, the number of people who applied for unemployment benefits for the first time decreased to 198,000 in the week ending December 25, contrary to expectations.
Following the data, the S&P 500 index and the Dow Jones index in the New York stock market rebounded their gains in the last minutes of the low-volume session, after they renewed their record levels.
The Dow Jones index fell 0.25 percent, the S&P 500 index fell 0.30 percent and the Nasdaq index fell 0.16 percent. Futures contracts in the USA are still following a sales-heavy course today.
While the concerns regarding the Omicron variant on the European side continue to be the main risk factor priced in the stock markets, yesterday's hawkish statements by Klaas Knot, a member of the European Central Bank (ECB) Governing Council, were also at the center of the agenda.
In a statement to a local newspaper, Knot stated that everything is going well for the asset purchase to end next year, and that he thinks the ECB will be ready to raise interest rates at the beginning of 2023.
Yesterday, FTSE 100 index depreciated by 0.24 percent in England, DAX 30 index gained 0.21 percent in Germany and CAC 40 index gained 0.16 percent in France. In Italy, the FTSE MIB 30 index remained flat. Today, there will be no trading in the markets of Germany, Italy and Spain due to the holiday. In the UK and France, the markets will be open until noon.
Euro/dollar parity is flat at the beginning of the new day after depreciating by 0.25% yesterday.
The share prices of Chinese technology companies, which are traded in the Hong Kong stock market and suppressed throughout the year with the regulatory steps of China, are positively differentiated from other share markets with an increase of about 4 percent on the last day of the year.
Today, there were no transactions in Japan, Australia and South Korea due to the holidays, while the Shanghai composite index in China rose 0.58 percent and the Hang Seng index in Hong Kong rose 1.24 percent.
Domestically, a selling trend was observed in Borsa Istanbul yesterday, and the BIST 100 index, which depreciated by 1.68%, closed the day at 1,863.65 points. On the other hand, Dollar / TL is trading at 13.35 at the opening of the interbank market today, after closing at 13.1666 with an increase of 4 percent yesterday.
Analysts state that despite the concerns about the Omicron variant, the volatile course in the stock markets, where the trading volume was low, will continue today due to the investors who combined the Christmas and New Year holidays abroad.
Stating that the foreign trade balance data at home will be followed today, and a calm course is expected in the limited number of markets that are open due to the holidays that started in Europe, the analysts noted that technically, 1,940 points in the BIST 100 index are in the resistance position, and 1.840 and 1.790 levels are in the support position. .
The data to be followed in the markets today are as follows:
10.00 Turkey, November foreign trade balance
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