at the opening UP TO 100 index increased by 11.00 points and 0.12 percent compared to the previous closing, reaching 8,873.32 points. Banking While the index gained 0.25 percent value, holding index lost 0.24 percent of its value. The highest gainer among sector indices with 0.93 percent securities investment trustthe biggest loser holding happened.
Watching a positive trend yesterday Borsa Istanbul‘and UP TO 100 The index closed the day at 8,862.32 points, gaining 2.83 percent in value.
US presidential elections in global markets Donald TrumpWhile a mixed course was observed after ‘s win, US Federal Reserve (Fed) The monetary policy decision to be announced this evening has become the focus of investors.
Republican candidate in the 60th presidential election held in the USA on November 5 Donald Trumphis opponent is the presidential candidate of the Democratic Party Kamala HarrisHe was elected as the 47th President of the USA, with a difference of approximately 5 million votes. Trump will be sworn in and begin his duties at the White House in January.
After the political uncertainties are left behind, all eyes are on FedWhile it is translated into , the policies that the bank will follow under the Trump presidency are also wondered.
Analysts, the decision text to be released from today’s meeting and Fed President Jerome PowellHe stated that clues regarding future policies will be sought from ‘s statements and noted that the signals to be received may increase volatility in asset prices.
Stating that the concern that the inflationary effects of the policies expected to be followed by Trump may be stronger, analysts stated that this situation may lead the Fed to take slower steps in interest rate reductions.
Pricing in money markets It is certain that the Fed will reduce the policy rate by 25 basis points..
Analysts today released weekly money and bank statistics in the country and Bank of England (BoE) ve FedStating that ‘s interest rate decision as well as the intensive data agenda will be followed, he said that from a technical perspective, UP TO 100 He stated that 8,900 and 9,000 points in the index are resistance, and 8,800 and 8,700 levels are support.
Source: www.dunya.com