Global markets are mixed – Cyprus Newspaper
In global markets, a mixed course stands out when investors enter the “waiting” approach before the interest rate decision of the central banks.
US President Donald Trump’s tariff policies on the world economy, especially the US economy, are closely monitored. Tomorrow, the US Federal Bank (FED) and the Monarchy of the Central Bank of the UK (Boe) on Thursday are expected to have an impact on the direction of the markets.
Analysts said that the effects of tariff practices on the US economy may have changed the macroeconomic projections of the FED, and that the possible inflationary appearance could move slower more slowly than expectations in the interest cutting process of the FED.
Prices in the money markets will leave the policy interest in the FED will leave a stable eye, while the bank in July 72 percent probability of interest rate reduction will be priced.
Trump’s new tariff discourses shook the shares of media companies
New developments on the tariff front are closely monitoring by investors. Trump, after the tariff discourses against the film industry, said yesterday that he would come together with the film industry, said he did not want to harm them, said he wanted to help.
Following the tariff news, the shares of media companies decreased. Netflix, one of the US production companies with a global production network that produces content for the global audience, lost 1.9 percent. Paramount’s shares dropped by 1.6 percent, while Warner Bros Discovery’s shares fell 1.9 percent and Walt Disney’s shares decreased by 0.41 percent.
Tariff negotiations are the focus of the markets. US Treasury Minister Scott Bessent, who made statements yesterday, stressed that they are very close to some agreements. Analysts reminded that a concrete conclusion has not been reached on trade agreements despite the postponement of the parties, but the uncertainties of the companies’ long -term supply and trade strategies continue.
Gold moved the rise to the third day
The price of ounce of gold carried the rise of investors to the third trading day before the FED’s monetary policy decisions. Yesterday with an increase of 2.9 percent of $ 3 thousand 334 completed the day, ounce gold, the new trading day with a rise of 0.60 percent of 3 thousand 352 dollars finds buyers.
The US’s 10 -year bond interest is balanced at 4.35 percent, while the dollar index decreased by 0.1 percent and is 99.8. Brent oil barrels are sold at $ 60.9 with a value of 1.2 on the new trading day.
The financial results of AMD and Super Micro Computer will be followed in the US -concentrated balance sheet season. The New York Stock Exchange yesterday, the S&P 500 index 0.64 percent, the Nasdaq index 0.74 percent and the Dow Jones index depreciated by 0.24 percent. Index futures contracts in the US started the new day with a negative course.
Intensive data agenda will be followed in Europe
While the European stock exchanges came to the forefront yesterday, a positive course, except for France, the eyes were turned to the intense data agenda to be announced in the region today. While recession concerns in the region remain, the decline in manufacturing industry activity continues to be one of the most important risks.
Analysts, in a period of loss of power in manufacturing industry activity throughout the region, the service sector activity gained importance in a period, the service sector to be announced today, the index of purchasing managers (PMI) is the focus of investors, he said.
On the other hand, the news of news about the Russian-Ukraine War continues to be closely monitored in the region. Yesterday, DAX 40 percent in Germany and the FTSE MIB 30 index in Italy rose by 0.39 percent, while the CAC 40 index fell 0.55 percent in France. Yesterday in the UK due to the holidays did not take place in the markets. In Europe, index futures contracts started the new day with a negative course.
A positive course is followed by Asian side
In China and Hong Kong, a positive course stands out with the influence of optimism that the trade wars with the United States will not deepen further, while in Japan and South Korea, there are no processes in the markets due to holidays.
Analysts noted that trade tensions between China and the United States in the region are limited, albeit limited, the news flow for negotiations between the two countries continues to be the most important agenda in the region.
According to the data released today, in China, the Caixin service sector in China came behind the expectations. The compound for the same period continued to remain strong despite the decline in PMI 51.1.
With these developments, the Shanghai compound index in China, close to closing, is traded with a rise of 1.1 percent and Hang Seng index in Hong Kong increased by 0.8 percent.
BIST 100 Index watched with sellers yesterday
BIST 100 Index, which followed a sales -weighted course yesterday in Turkey, lost 0.60 percent of the BIST 100 index and completed 9.112.19 points. Borsa Istanbul Futures and Options Market (VIOP) BIST 30 index -based contract on the June -term contract yesterday evening session decreased by 0.1 percent compared to the closing of the normal session was traded at 10.440.00 points.
Dollar/TL, yesterday, 38,5630 closed at 38,5630 yesterday, today the opening of the interbank market is traded at the level of 38,6120 above 0.1 percent of the previous closing.
Analysts, today, real effective exchange rate in Turkey, foreign trade balance in the United States, EUR EURFT PRICE INDEX (PPI) and the service sector to be announced in Europe will be monitored, stating that the Service Sector PMI data will be monitored, technically 9,000 and 8.900 points in the BIST 100 index, 9,200 and 9.300 levels are resistant.
The data to be followed in the markets today is as follows:
10.55 Germany, April service sector/compound PMI
11.00 Euro Region, April Service Sector/Composer PMI
11.30 UK, April Service Sector/Composite PMI
12.00 Euro Region, March Producer Price Index
14.30 Türkiye, April Reel Effective exchange rate
15.30 USA, March Foreign Trade Balance
Markets will be closed in Japan and South Korea