Daily Bulletin

Good morning. Global equity markets are starting the new week on a constructive note. In the US, buying interest in technology stocks stood out on Friday, while US futures and Asian equities are trading in positive territory this morning; European futures, however, are slightly negative. Borsa Istanbul closed Friday broadly flat with a 0.1% gain, yet it is worth noting that the BIST 100 Index posted its...
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In the U.S., financing concerns surrounding Oracle have triggered broad-based selling across the artificial intelligence ecosystem, with some technology stocks posting monthly declines of up to 10%. U.S. equity futures are attempting a rebound this morning; however, European futures and Asian equity markets remain in negative territory. In Borsa Istanbul, the BIST 100 Index declined by 0.6% yesterday, closing the...
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Good morning. The weak global outlook persists. Despite soft U.S. employment data, the first rate cut by the Fed is still expected in June. Recent messages from Fed officials continue to emphasize inflation risks and suggest that above-target readings may persist into 2026. Rising tensions between the U.S. and Venezuela, along with China’s and Russia’s supportive stance toward Venezuela, have contributed to an...
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Good morning. Expectations that the first interest rate cut following the Fed will occur in June, coupled with negative news flow surrounding AI-focused business models, are weighing on technology stocks in U.S. equities. U.S. and European futures, as well as Asian markets, are trading in negative territory this morning. While profit-taking from peak levels may persist for some time, no critical technical support...
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Good morning. Despite pronounced selling pressure in U.S. and European equity markets on Friday, index futures are starting the new week on a positive footing. In Asia, however, the weak outlook persists. This week, U.S. non-farm payrolls data—which are normally released on the first Friday of each month—will be announced tomorrow due to delayed data collection during the government shutdown. Subsequently, PMI...
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Good morning. Global risk sentiment is exhibiting a moderately constructive tone this morning; while U.S. equity futures are mixed, European futures and Asian markets are trading in positive territory. Forward guidance from the Fed regarding potential rate cuts and renewed asset purchases continues to underpin market appetite, and the upward revisions to growth expectations for the U.S., Europe and China as we move...
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Good morning. The anticipated 25-basis-point rate cut from the Fed materialized. Chair Powell’s remarks were largely neutral, while the upward revision in growth projections and the downward adjustment in inflation expectations stood out. Market pricing currently points to the next Fed rate cut taking place in June 2026, though the probability of an earlier move remains on the table. U.S. equities closed higher...
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Good morning. Global risk sentiment is starting the day on a softer footing ahead of the Fed’s interest rate decision, scheduled for 22:00 local time. U.S. and European futures, along with Asian equities, are trading in negative territory. Despite a 0.44% gain yesterday, Borsa Istanbul exhibited a relatively flat performance with fading momentum compared to the previous session. The top five contributors to the...
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