After the upward trend that was seen to slow down in global stock markets yesterday, Asian stock markets and global index futures contracts started the new day with a mixed course.
Although the announced 3rd quarter financial results exceeded expectations, the increasing cost pressure in the balance sheets is one of the factors that reduce the risk appetite.
In the Beige Book report released yesterday by the US Federal Reserve (Fed), economic activity in the country has grown at a moderate level. In the report, it was stated that the growth rate of some Fed regions has slowed down in this period due to supply chain difficulties, workforce shortages and uncertainty about the new type of coronavirus (Kovid-19) variant.
The US's 10-year bond yield, which has reached its highest level since May 20 with 1.67%, persists above this 1.65%, which also increases the risk perception.
The ounce price of gold is trading at $1,785 for the third day in a row, while the barrel price of Brent oil is $84.1 and copper is $4.75 per pound. The dollar index, on the other hand, is following a horizontal course at 93.6 in the new day after a three-day downward trend.
On the other hand, after the first exchange-traded fund (ETF) based on Bitcoin futures contracts in the USA, started to be traded on the New York Stock Exchange, Bitcoin, which broke a record with $ 67 thousand yesterday, is currently around $ 65 thousand.
Tesla stood out among the third quarter financial results announced in the USA yesterday. Electric car maker Tesla's profits were up 389 percent year on year to $1.6 billion, while revenues rose 57 percent to $13.8 billion.
With these developments, the S&P 500 index gained 0.37 percent and the Dow Jones index gained 0.43 percent in the New York stock market yesterday, while the Nasdaq index lost 0.05 percent.
On the European side, with the weak data agenda, the European Union Leaders' Summit, which will start today and last for two days, has become the focus of the agenda.
Along with the problems experienced in energy, the increasing number of cases in the Kovid-19 epidemic stood out as developments that increased the risk perception. While the UK announced that it would not go to closure again despite the increasing number of cases, restrictions came to the fore again due to the low vaccination rate in Eastern European countries.
According to the data announced yesterday, while the Producer Price Index in Germany increased by 2.3 percent in September, exceeding the expectations, the Consumer Price Index in the UK increased by 0.3 percent in the same period. After the data, FTSE 100 index gained 0.08 percent in England, DAX 30 index gained 0.05 percent in Germany, CAC 40 index gained 0.54 percent in France and FTSE MIB 30 index gained 0.24 percent in Italy.
While the euro/dollar parity is currently at 1.1653, just above the previous close, European index futures contracts seem to have started the new day with a mixed course.
After the increasing Kovid-19 cases in Asia, Singapore put the restrictions back into practice, while the developments regarding the real estate giant Evergrande in China are being followed. The shares of Evergrande, which has been closed for about 3 weeks, lost more than 10 percent with the opening today.
With these developments, Shanghai composite index decreased by 0.10 percent in China, Nikkei 225 index decreased by 1.58 percent in Japan, Hang Seng index decreased by 0.77 percent in Hong Kong and Kospi index decreased by 0.29 percent in South Korea. .
Domestically, the CBRT's interest rate decision is at the center of the agenda. While the majority of economists participating in AA Finans' expectation survey predicted that the policy rate would be lowered, the median of their expectations was 50 basis points.
A fluctuating course was observed in the BIST 100 index in Borsa Istanbul yesterday. Despite the buyer's trend in bank stocks, the depreciation in transportation stocks eroded the upward movement of the BIST 100 index, but the index completed the day with an increase of 0.21 percent at 1.432.80 points, carrying its rise to the third trading day in a row.
Dollar/TL, on the other hand, is trading at the level of 9,2550 at the opening of the interbank market, after falling to 9,2132 with a decrease of 0.95 percent yesterday.
Today, the Consumer Confidence Index in the country and the Philadelphia Fed manufacturing index in the USA, second-hand home sales and weekly jobless claims, and the Consumer Confidence Index in the Eurozone will be followed.
Analysts stated that the company's financial results, which continue to be announced on a global basis, may trigger share-based price movements, and said that technically, 1.444 points in the BIST 100 index are in the position of resistance and the level of 1.396 in support.
The data to be followed in the markets today are as follows:
10.00 Turkey, October Consumer Confidence Index
14.00 Turkey, CBRT's interest rate decision
15.30 US, October Philadelphia Fed manufacturing index
15.30 US, weekly jobless claims
17.00 USA, second hand home sales in September
17.00 Eurozone, October Consumer Confidence Index
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