Daily Bulletin

Good morning. Global risk appetite is starting the new day on a positive note. In the U.S., nonfarm payrolls released yesterday came in at nearly twice market expectations, pushing back expectations for the first Fed rate cut from June to July, or even September; however, expectations that liquidity conditions will remain ample continue to support equity markets. U.S. and European futures are trading higher, while...
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Good morning. Despite a weak performance in U.S. and European equity markets yesterday, futures contracts are seeking a rebound this morning. In Asia, the Tokyo Stock Exchange is closed today, while the rest of the regional markets are trading in positive territory. From a global perspective, although developed market equities have delivered a very strong performance over the past year, they have lost momentum...
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Good morning. While positive reports containing constructive views and expectations regarding the revenues, profitability, and valuations of U.S. technology companies are supporting Wall Street, U.S. and European futures are displaying a flat tone this morning. In Asia, markets are generally trading with a positive bias. In Borsa Istanbul, we observed a positive trend yesterday, supported by capital inflows in line...
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Good morning. Global equity markets are starting the new week on a positive note. No concrete messages have emerged from the US–Iran negotiations, however, the Iranian side has stated that “progress has been made,” and further talks are expected to continue this week. US and European futures, as well as Asian markets, are opening the week in positive territory. We observe a loss of momentum in Borsa Istanbul;...
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Good morning. Global markets are focusing on the US–Iran negotiations. While the format, content, timing, and venue of the talks have remained a source of uncertainty and debate, the latest expectation is that they will take place tomorrow in Muscat, the capital of Oman. Precious metals are seeing renewed selling pressure this morning, with deeper losses particularly in silver and platinum. In equity markets,...
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Good morning. In the US, selling pressure has emerged on technology stocks—particularly software, data analytics, and communication companies—amid concerns over the potential negative impact of AI-focused business models, while US futures are trading flat this morning. In Europe, reports indicating an increase in corporate credit demand ahead of the ECB’s interest rate decision tomorrow are in focus, with European...
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Good morning. Following the sharp declines in precious metals, we have seen a recovery and rebound attempt over the past 24 hours, while global equity markets are also displaying a constructive tone. Yesterday, U.S. and European equity markets, which started the day with selling pressure, closed in positive territory, and buying interest continues this morning in index futures. Similarly, the overall picture in...
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Good morning. U.S. President Trump is expected to announce his nominee for the Federal Reserve Chair today, with former Fed official Kevin Warsh emerging as a leading candidate. Given Warsh’s relatively hawkish stance, leaning toward tighter monetary policies, profit-taking is being observed in precious metals. On the equity side, U.S. futures are negative, European futures are positive, and Asian markets are mixed...
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