The October futures index contract was traded at 9,187.00 in the opening session, just above the previous normal session close.
The index contract, which followed a volatile course on Friday, completed the normal session at 9,157.00 points, 0.1 percent below its previous closing. The index contract rose to 9,177.00 points in the evening session, with an increase of 0.2 percent compared to the normal session closing.
Analysts stated that the week started with a cautious course in the global share markets, with increasing expectations that the US Federal Reserve (Fed) will keep interest rates high for a longer time, and this week, in addition to the intense macroeconomic data agenda, especially inflation data in the US, the European Central Bank He said that the Bank’s (ECB) interest rate decision has become the focus of investors.
Reminding that the pricing in the money markets shows that it is certain that the Fed will leave the policy rate constant at the September meeting, analysts pointed out that the probability of the bank increasing the interest rate by 25 basis points at its November meeting has increased to 44 percent, increasing uncertainty.
Making statements after the G20 Summit, US Treasury Secretary Janet Yellen emphasized that she is increasingly confident that they can control inflation without damaging the employment market.
Analysts stated that the current account balance, unemployment rate and industrial production in the country, and consumer inflation expectation in the USA abroad will be followed today, and noted that 9.200 and 9.300 levels are technically resistance and 9.100 and 9.000 points are support in the index contract.