In the opening session, the June futures contract was traded at 6,558.00, 0.5 percent above the previous session’s closing.
The index contract, which followed a fluctuating course yesterday, closed the regular session at 6,525.00 points, 0.4 percent below its previous closing. The index contract fell to 6,503 points in the evening session.
Analysts said that risk appetite was bolstered in global equity markets as the expectation that central banks could soon abandon “hawk” policies.
According to the data released yesterday in the USA, analysts stated that the estimates that the labor market may have started to cool have increased, and that the “hawk” pricing in the money markets weakened before the monetary policy decisions of the US Federal Reserve (Fed) to be taken next week.
Following these developments, the predictions that the Fed will raise interest rates by 25 basis points on June 14, according to the pricing in the money markets, decreased to 24 percent.
Dr. Hafize Gaye Erkan became the President of the Central Bank
On the other hand, Dr. Hafize Gaye Erkan became the first female president appointed to the Central Bank of the Republic of Turkey (CBRT), while Prof. Dr. Şahap Kavcıoğlu was appointed as the Chairman of the Banking Regulation and Supervision Board (BDDK).
Analysts stated that domestic industrial production data will be followed today, and noted that, technically, 6.600 and 6.700 levels are resistance and 6.500 and 6.400 points are support in the index contract.