Daily Bulletin
Tacirler Investment
Good morning. We observe a mixed outlook in global markets. While strong buying is evident in U.S. technology stocks, futures are flat this morning. In Europe, after gains reaching up to 2% yesterday, futures are weak. In Asia, the markets are generally on the rise, excluding China and Hong Kong. At Borsa Istanbul, efforts to hold above 10,000 continue. Yesterday, the 10,150 intermediate resistance level was tested during the day but could not be surpassed. Since we do not see any deterioration in momentum, we still consider the 10,150 and subsequently 10,280 resistance levels as targets. On the downside, 10,060 and 9,990 can be monitored as support levels. In the U.S., only a few days remain until the Trump administration takes office. The new era is expected to bring significant changes to political relations between the U.S. and other countries, while some long-standing leaders are withdrawing from the political stage. Early elections will be held in Germany and France, and most recently, Canadian Prime Minister Trudeau resigned, leading to the suspension of parliamentary activities until March 24. Among key figures in Trump’s cabinet, Tesla and SpaceX owner Elon Musk has made headlines by calling for the resignation of U.K. Prime Minister Starmer, supporting Germany’s far-right AfD party, and delivering anti-EU messages. On today’s agenda, the focus will be on inflation (CPI) and unemployment rate data in Europe, as well as the ISM Services Index in the U.S. Turkey’s 5-year CDS premium starts the day at 259 basis points.