Asian stock markets are experiencing a directionless course today after making a sharp premium yesterday on speculation about steps that will raise stock markets to support China’s slowing economy due to coronavirus and tensions with the USA. The MSCI index, which monitors Asia-Pacific stock markets outside Japan, went down 0.25 percent today after hitting its peak in four and a half months. US futures are negative around 0.50 percent.
While there is no important data calendar in the country other than the Treasury cash balance, dollar/TL started the day at 6.86 and euro/TL started the day at 7.74.
Brent oil is at the 43 dollar limit
Oil prices are affected by coronavirus cases in the USA, the world’s largest oil consumer.
gave back its gains due to concerns that the sudden increase would limit the recovery in oil demand.
went negative.
The nearest term barrel price of Brent crude oil rose to $43.19, then lost 0.4 percent to $42.91. Although US light crude oil rose to around $40.79, it lost 0.4 percent and fell to $40.46.
Calm trend in gold at 8-year high
Gold prices remain flat near an eight-year high. While the ounce price of gold in the spot market remains almost motionless at $1,783.67, this figure is only $5.29 away from the peak of the last eight years.
US gold futures are trading at $1,793.50 per ounce.
Source: https://www.dunya.com/finans/haberler/kuresel-piyasalarda-karisik-seyir-haberi-474529
