Daily Bulletin

Good morning. The downward revision of growth expectations in the U.S. and political obstacles to defense spending plans in Europe are weighing on global markets. While the sell-off in the U.S. is part of ongoing concerns since mid-February regarding tariffs, inflation, and recession risks, Europe is pricing in a newly emerging agenda. In Asia, markets remain caught between stimulus expectations and global...
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Good morning. Global markets are off to a mixed start this week. U.S. futures are in negative territory, while European futures are on the positive side. In Asia, weak Chinese data is weighing on Shanghai and Hong Kong, leading to sell-offs, while the rest of the Asian markets are trading higher. Borsa Istanbul closed a strong week by climbing to its highest level in the past seven months. With strong capital...
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Good morning. There is a mixed outlook in global markets. Yesterday, the U.S. markets saw declines exceeding 2%, while futures are positive this morning. In Europe, there were gains yesterday, but futures are weak today. In Asia, Japan is in negative territory, whereas other regional markets are trading higher. Borsa Istanbul closed yesterday with a nearly 3% increase, with the BIST 100 index finishing the day at...
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Good morning. The recent announcement of some flexibility in U.S. customs tariffs, investment announcements in Europe—particularly in defense—and stimulus expectations in China are driving buying activity in global markets. In Borsa Istanbul, strong momentum continues with high trading volume, foreign purchases, and capital inflows. The BIST 100 index closed at 10,189 yesterday, marking the second-highest closing...
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Good morning. Global markets are displaying a mixed outlook. In the U.S., Trump's one-and-a-half-hour speech to Congress early this morning is dominating the agenda, while the Atlanta Fed's forecast of a 2.8% contraction for Q1 growth has drawn significant attention. Weakness persists in U.S. stock markets, which have pulled back 5%–10% over the past two weeks, with indices now approaching their 200-day...
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Good morning. The U.S. 25% tariffs on Canada and Mexico take effect today, while tariffs on China have been raised from 10% to 20%. Reciprocal tariffs will begin on April 2, leading to even higher effective rates. U.S. stock markets saw declines of 1.5% to 2.6% yesterday, though futures are slightly positive this morning. In contrast, European markets gained yesterday, but futures are negative today. Meanwhile, all...
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Good morning. Global stock markets are starting the new week on a positive note. Following the data released in the U.S. on Friday, rebound buying emerged, while in Asia, new stimulus messages from China this morning have also fueled buying activity. Borsa Istanbul saw a nearly 1% decline on Friday; however, as we mentioned on Friday morning, the closing of arbitrage positions also played a role in this sell-off....
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Good morning. U.S. President Trump’s announcement that tariffs on Mexico and Canada will take effect next week (Tuesday, March 4) and that existing tariffs on China, currently at 10%, will be increased by an additional 10% is triggering a sell-off in global markets. While U.S. stock markets experienced declines of up to 3% yesterday, futures are flat this morning. In Europe, stock markets closed flat yesterday, but...
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