TFG Istanbul Morning Report (TFG Istanbul Menkul Değerler )

" On the back of positive momentum triggered by the lower than expected inflation data in the US MSCI Asia is up by 2%, following similar increases from EU indices yesterday. US and EU futures are also slightly up this morning. We expect a slightly positive opening for BIST with the help of the positive mood in European futures market and.
" President Erdogan made set of statements about Sweden's membership to NATO: i.The authority to approve Sweden's NATO accession protocols is the Turkish Grand National Assembly, the representative of the national will. ii. The distorted relationship that some of Turkey's allies have with the PKK's Syrian extension, the PYD/YPG, harms the unity and integrity of the alliance. Iii. In addition to increasing NATO's deterrence, the Vilnius Summit was instrumental in making new beginnings and taking critical decisions in the fight against terrorism, Turkey's European Union membership process and the lifting of sanctions against Turkey.
" Biden said he was confident they could sell F-16s to Turkey.
" President of France Macron stated that they will stay in contact with President Erdogan regarding the European Union and the Eastern Mediterranean.
" NATO/Stoltenberg: We expect China to have 1,500 nuclear warheads in missiles capable of reaching all of North America and Europe, ie NATO territory, by 2035.
" Zelensky: There is a need for the work of the UN Secretary General on the Black Sea Grain Initiative.
" The Fed's Beige Book showed that economic activity has "increased slightly" since late May.
" Annual inflation in the US decreased from 4.0% to 3.0% while core inflation decreased from 5.3% to 4.8% y-y.
" Per foreign trade data in June for China, imports decreased by 6.8% y-y (expectation fell by 4%) and exports, decreased by 12.4% y-y (expectation fell by 9.5%).
" Industrial production in Turkey was down 0.2% y-y for May following 1.2% decrease a month earlier.

AGENDA
" Retail sales data for June will be released in Turkey.
" PPI and Weekly Unemployment Benefits Applications data will be announced in the USA.
" UK GDP, industrial output and manufacturing output will be released.
" Industrial production in the Euro Zone and ECB meeting minutes will be followed.
" President Erdogan will visit Saudi Arabia, Qatar and the UAE on 17-19 July.

COMPANY NEWS:
" GESAN: an agreement has been reached between the Company and Weltew Home for the construction of a Roof Self-Consumption Solar Power Plant with a cost of US$1.2mn
" THYAO: It was announced that an agreement was reached between the Company and Hava-Is Union upon applying a 41% increase in employee wages.
" TRGYO: 2.000 m2 land in Antalya was purchased for TRY13.9mn and the 5.601 m2 land was purchased for TRY4.8mn.
" AYDEM: The company's eurobonds worth US$7mn the transaction amount of US$6.2mn were bought back.
" AVGYO & GRNYO & IHAA: Within the scope of VBTS, a gross clearing ban was imposed on company shares until August 11, while the ban on short selling and credit transactions was extended until August 11.
" ZOREN: It has been announced that Alaşehir 3 Geothermal Power Plant project was canceled due to the expiry of its pre-license, the pre-license application for the Alkan-2 Geothermal Power Plant project, which is planned to be established on the same site, is continuing.

 TFG Istanbul Menkul Değerler A.Ş.
  www.tfgistanbul.com/arastirma-raporlar
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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.