While many central banks have monetary policy meetings around the world this week, the concern that some banks may be hawked by increasing inflation pressures dampens risk appetite.
The Chinese company Evergrande's bond payment of more than $100 million due this week is among the factors that put pressure on the Asian equity markets.
While uncertainties about the debt ceiling in the USA continue, US Treasury Secretary Janet Yellen, in an article she wrote in the US media at the weekend, stated that if the debt ceiling is not lifted or increased, the Treasury will not have the resources to pay in October.
On the other hand, while disruptions in the supply chain on a global basis brought along price fluctuations in many products, the rising trend of electricity prices after the record-breaking natural gas prices, especially in Europe, raised questions about the health of the economic recovery.
On Friday, the S&P 500 index was 0.91%, the Dow Jones index 0.48% and the Nasdaq index 0.91%, following the increased volatility in the US due to the expiry date of futures contracts and options. lost. New York stock market has started the new week with a sales-heavy trend in futures trading.
While commodity prices in Europe continue to threaten the economic recovery, the increasing tension between France and the USA over Australia increases the selling pressure.
While the Bank of England's (BoE) interest rate decision is among the important agenda items of the region this week, investors will keep an eye on electricity prices, where volatility has increased.
On Friday, the DAX index in Germany fell by 1.03%, the FTSE 100 index in the UK by 0.91 percent, the CAC 40 index in France by 0.79 percent and the MIB 30 index in Italy by 0.98 percent. index contracts started the new week with sellers.
Euro/dollar parity, on the other hand, is trading at 1.1716, just below the previous close, after starting the day with a decrease of 0.1 percent.
Markets in China, Japan and South Korea in Asia are not trading today due to a public holiday. In the open Hong Kong stock market, the declines exceeded 3 percent.
While the uncertainties regarding the debts that the Chinese company Evergrande, which has a known debt of 300 billion dollars, must pay this week, increase the concerns, the ongoing regulatory steps in China continue to pose a risk factor.
While there is a calm data calendar in the country today, the BIST 100 index in Borsa Istanbul on Friday ended its five-day decline series and closed the day at 1,449.43 points, 0.10 percent above the previous close.
Dollar/TL, on the other hand, is trading at 8.6740 at the opening of the interbank market today, after rising 1.3 percent to 8.6441 on the last trading day of the previous week.
Analysts stated that the Producer Price Index (PPI) data will be followed in Germany today, and that the decisions of the US Central Bank and the Bank of Japan on Wednesday, and the Central Bank of the Republic of Turkey and the Bank of England on Thursday will be awaited.
Stating that the level of 1,390 in the BIST 100 index stands out as support technically, analysts said that the resistance of 1.440 in the short and medium-term outlook is getting stronger.
The data to be followed in the markets today are as follows:
09.00 Germany, August Producer Price Index
10.00 Turkey, international investment position for July
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