The August futures contract was traded at 8,574.75 in the opening session, 0.2 percent above the previous regular session close.
The index contract, which followed a buying course on Friday, closed the regular session at 8,562.75 points, 3.6 percent above its previous close. The index contract remained flat in the evening session.
While global markets started the week with a negative trend amid ongoing concerns about inflation and recession, the intense macroeconomic data agenda to be followed throughout the week is expected to have an impact on the direction of asset prices.
Uncertainties in the US and China make pricing difficult
Uncertainties regarding the economic trajectory of the world’s largest economies, the USA and China, located on both sides of the Pacific Ocean, continue to complicate pricing.
While there is a possibility that the US Federal Reserve (Fed) may raise interest rates again in the fight against inflation due to the data announced in the USA, the possibility of default by the big players in the real estate sector due to the deflationary process in China causes the risk perception to increase.
Analysts stated that the data agenda around the world is calm today, and stated that 8.750 and 8.900 levels are in the position of resistance and 8.500 and 8.400 points are in the support position in the index contract.