Market Watch (Şeker Yatırım)

Outlook:
The BIST100 Index started Tuesday on a slightly positive trend, then followed a volatile course throughout the day to close at 10,011.27, up 0.14%. While the Industrial Index declined by 0.44%, the Banking Index recorded an increase of 0.47%. Momentum at the BIST remains low, with limited upward and downward movements. From a technical perspective, we believe that the correction phase could persist. Yet, as long as the current narrative is maintained, sharp sell-offs are unlikely. We maintain our view that potential pullbacks will present buying opportunities given the medium-term positive expectations driven by interest rate cut prospects. On the global front, the U.S. industrial production and capacity utilization rate data released yesterday fell short of expectations, leading the U.S. markets to close with declines. European markets also followed a predominantly bearish trend. This morning, the U.S. futures and most Asian markets are trading positively, while the German DAX futures are slightly negative. Ahead of the Fed interest rate decision to be announced at 10:00 PM (TSI), we expect global markets to exhibit weak volatility and trading volumes. Markets are pricing in a 95% probability of a 25bps rate cut from the Fed. We anticipate that the projections to be released during the meeting and the statements of Chair Powell at 10:30 PM will guide markets in the medium to long term. Additionally, Eurozone inflation data will be monitored today. The VIOP30 Index closed the evening session with a 0.08% increase. Locally, we expect the Benchmark Index to open on a flat note and to continue its upward momentum during the day, provided that profit-taking sales during the rises are absorbed. SUPPORT: 9,950 - 9,850 RESISTANCE: 10,150 - 10,250.


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                               Yasal Uyarı
 
  Burada yer alan yatırım bilgi, yorum ve tavsiyeler yatırım danışmanlığı kapsamında değildir.Yatırım danışmanlığı hizmeti ; aracı kurumlar, portföy yönetim şirketleri, mevduat kabul etmeyen bankalar ile müşteri arasında imzalanacak yatırım danışmanlığı sözleşmesi çerçevesinde sunulmaktadır.Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır.Bu görüşler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabılır.Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.