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Global markets focused on Powell's messages

In the global markets, all the attention was turned to the Fed's interest rate decision. In the text of the decision, the messages of Fed Chairman Jerome Powell will be followed closely, along with the guidance regarding the interest rate path.

Global markets focused on Powell's messages

While global markets await Fed Chairman Powell's messages this evening, US futures indices are up, Asian indices are mixed, and the dollar is flat.

Declines were effective in Wall Street indices on Tuesday. The S&P 500 fell 1.22 percent and the Nasdaq 100 fell 2.48 percent. It was also a trading day with high intraday wavelengths. Losses in the S&P 500 approached 3 percent for a while. The index, which recovered later on, came under pressure again due to the sales in technology stocks and fell to its lowest level since October.

Microsoft Corp., which closed the day down 2.66 percent after revealing its balance sheet. Shares soared in futures after the Azure cloud solutions business said it still had performance to support growth. Earlier, the company announced that quarterly sales exceeded $50 million for the first time, and profits exceeded estimates. However, the decline in Azure revenues compared to previous quarters caused the stock to sell.

In Asia, Japanese Nikkei and Chinese CSI 300 are flat, Hong Kong Hang Seng is up. The US 10-year bond yield is flat at 1.77 percent before the Fed decision.

Before the Fed decision, the dollar depreciated against many G-10 currencies, while oil-linked currencies such as the Norwegian krone appreciated. The Dollar Index is flat this morning. Dollar / TL closed at 13.4832 with an increase of 0.21% yesterday.

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