Daily Bulletin

Good morning. Mutual threats between the U.S. and Iran continue to escalate. Front-month oil futures have climbed above $100 per barrel, while actively traded contracts are approaching $95. U.S. and European equity futures are trading broadly flat, while Asian markets are showing a mixed performance. As expected, the European Central Bank (ECB) left interest rates unchanged and reiterated that it will continue to...
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Good morning. While tensions and mutual threats between the United States and Iran continue, oil prices remain above the $90 level. The latest earnings reports released in the U.S. have also been broadly weak. As a result, global risk appetite remains limited, with U.S. and European futures as well as Asian equity markets generally trading lower. The BIST 100 Index rose 1.2% yesterday to close at 14,138 points. The...
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Good morning. The U.S.–Iran tensions continue, but bargain hunting in semiconductor stocks and stronger-than-expected financial results from General Motors, accompanied by upward revisions to guidance, supported buying interest on Wall Street. This morning, U.S. futures are weaker, while European futures and Asian equities are generally trading higher. Domestically, comments from JPMorgan and Citigroup regarding...
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Good morning. While tensions between the United States and Iran continue, CNN’s report that a ten-day ceasefire is being considered is putting downward pressure on oil prices and supporting gains in U.S. futures. European futures are trading lower, while Asian markets are generally positive. Global risk appetite appears balanced this morning and is showing signs of a rebound. Borsa Istanbul recovered above the...
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Good morning. As tensions between the United States and Iran continue to escalate, active Brent crude oil prices have approached the $90 per barrel level. Investors will be closely monitoring how long this process persists and where oil prices ultimately find equilibrium, as higher energy prices are likely to weigh negatively on both global growth and inflation expectations. In addition, it is worth noting that...
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Good morning. Global risk sentiment is negative this morning. Geopolitical tensions escalated again after Iran announced over the weekend that it had once again closed the Strait of Hormuz, while the U.S. continued its military strikes against Iran. Although the U.S. stated that it does not recognize Iran's decision and that the strait remains open to vessels engaged in lawful transit, the market's focus...
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Good morning. Tensions between the U.S. and Iran remain elevated. However, after front-month Brent crude oil futures tested the $80 level two days ago, prices have eased back to around $76. U.S. and European equity futures are broadly flat this morning following yesterday’s gains, while Asian markets are trading firmly higher across the region. A notable development comes from UBS, which has upgraded its outlook...
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Good morning. Following Iran’s attacks on commercial vessels, the United States launched airstrikes against nearly 80 targets inside Iran. In addition, the U.S. withdrew its exemption decision regarding Iranian oil exports. These developments pushed oil prices higher while weighing on global equity markets. However, U.S. and European equity futures are only marginally lower this morning, while Asian markets...
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