BIST 30 futures open flat, eyes on CBRT Inflation Report!
Futures contracts based on the BIST 30 index started the day flat at 9,640.25 points. The index, which followed a bearish trend yesterday, closed the day at 9,640.75 points, below its previous close.
AA
In the Borsa Istanbul Derivatives Market (VİOP), the December-dated contract based on the BIST 30 index began trading at 9,640.25 points, showing a flat trend at the opening of the day.
The February-dated index contract traded at 9,640.25, just below the previous normal session close during the opening session.
Yesterday, the index contract followed a selling-weighted trend and completed the normal session at 9,640.75 points, 0.2% below its previous close. In the evening session, the index contract traded at the 9,641.75 point level.
Analysts state that in global equity markets, despite uncertainties regarding the future policies of central banks, corporate earnings continuing to come in above expectations are reducing risk perception.
Domestically, analysts expressing that the first "Inflation Report" meeting of the new Central Bank of the Republic of Turkey (CBRT) Governor Fatih Karahan is awaited, say that the signals from the Inflation Report and Karahan's statements could increase volatility in the markets.
Analysts note that today, in addition to the Inflation Report domestically, weekly money and bank statistics will be monitored, while in international markets, weekly jobless claims and wholesale inventories data in the US will be followed, adding that technically, the 9,600 and 9,500 levels are support, and 9,700 and 9,800 points are resistance positions for the index contract.