Normalization news from all over the world regarding the coronavirus epidemic gives morale to the markets on the first day of the new week. Green screens attract attention in all US futures and Asian stock markets that opened the week.
Borsa Istanbul exceeded 100 thousand after 1.5 months
With the influence of the optimistic atmosphere in the world stock markets, transactions started with an increase in Borsa Istanbul. BIST 100 Index rose above 100 thousand points again after March 11. The index reached 100 thousand 113 points with an increase of 1.3 percent…
Horizontal trend in Dollar/TL and Euro/TL
The foreign exchange markets started calmly on the day when the developments in the world stock markets and the news regarding the coronavirus agenda would be followed, and there was no important data to be announced. Dollar/TL exchange rate increased from last week’s closing levels of 6.95; euro/TL is also valued at 7.54.
Central Bank week started with Japan
All Asian stock markets are on a positive note, led by the Japanese Nikkei Index, which appreciated over 3 percent after the Bank of Japan increased asset purchases and lifted the purchase limit on government bonds.
In the central bank week, which started in global markets today with Japan, the Fed’s interest rate decision will be announced on Wednesday and the European Central Bank’s interest rate decision will be announced on Thursday.
BoJ left interest rates unchanged, promised to increase asset purchases
The Bank of Japan (BOJ) kept its interest rate at -0.10%. The Bank of Japan (BOJ) Policy Board, in line with expectations, promised to accelerate risky asset purchases and buy unlimited amounts of government bonds within the scope of combating the economic effects of the coronavirus outbreak.
On the other hand, according to data released in China, the profits of industrial companies in the country decreased by 34.9 percent in March.
Oil prices are falling
Oil prices, which started to rise last week, started to decline on the first day of the week. While Brent oil, which climbed above 23 dollars last week, fell to 20 dollars a barrel, the prices of US crude oil in June maturity are 15 dollars. Increasing oil production and increase in stocks in the USA are seen as the most important factors in the decline in prices.
Source: https://www.dunya.com/finans/haberler/borsa-15-ay-sonra-10000in-uzerinde-haberi-468785
