In the opening session, the April futures contract was traded at 5,558.00, 0.1 percent above the previous normal session closing.

The index contract, which was traded until 12.40 on Thursday, due to the eve day, followed a selling course and closed the regular session at 5,551.00 points, 1.5 percent below its previous closing. Evening session did not take place in the index contract.

Analysts stated that in global stock markets, central banks continue to search for direction with uncertainties regarding monetary policies, and this week, investors’ focus is on the monetary policy decisions of the Bank of Japan (BoJ) and the intense data agenda, especially growth in the USA and Europe.

Fed policies focus on investors

While the steps to be taken by the US Federal Reserve (Fed) in the fight against inflation continue to be in the focus of investors, the concerns that the Bank may increase interest rates more than market expectations negatively affect the risk appetite.

Analysts stated that today, the real sector confidence index and capacity utilization rate in the country, Ifo expectation indices in Germany, Chicago Fed national activity index in the USA and Dallas Fed manufacturing industry index data will be followed, technically 5.600 and 5.650 in the index contract. He noted that the levels are in the resistance position, 5,500 and 5,450 points are in the support position.

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