Global markets started the week in a more positive mood after starting the week with harsh sales. The futures contracts of the US stock markets, which closed the day in a positive manner after opening with sales yesterday, are also trading in a surplus of less than 1 percent this morning. In Asia, the stock markets of Japan, China and South Korea will be closed today as well. There is a positive trend in open stock markets such as Hong Kong.
European stock markets started the day on a positive note as countries continued to lift coronavirus outbreak measures. After the opening, the Stoxx Europe 600 indicator index gained 1.6 percent in value, while the DAX 30 index in Germany increased by 1.7 percent; FTSE s100 index in England rises by 1.7 percent
Borsa Istanbul opened with positive gains
Borsa Istanbul started the day with a 0.8 percent increase, accompanying the positive trend in world stock markets. BIST 100 Index opened at 99 thousand 634 points, an increase of 792 points compared to yesterday’s closing.
Dollar/TL rose above 7.07
While there is no important data agenda in the domestic markets today; The market effects of the normalization steps announced by President Erdoğan yesterday will be followed. On the other hand, Treasury auctions, which have attracted great attention in recent weeks, will be watched. The dollar/TL exchange rate, which was above 7.05 yesterday, fell to 7.02 in this morning’s transactions and then climbed above 7.07 again. Dollar/TL exchange rate reached 7.0745 as the highest level during the day. Euro/TL changes hands at 7.69 levels.
All eyes on Treasury auctions
Today, the Treasury will issue the first government bond with a maturity of 2 years, fixed coupon, coupon payment every 6 months, and re-issue government bonds with a maturity of 5 years, indexed to CPI and coupon payment every 6 months.
The Ministry of Treasury and Finance borrowed 8 billion 834 million lira in the bond auction held yesterday.
Normalization steps increase oil prices
The improvement in the demand outlook caused by more and more countries in Europe and Asia taking steps to reopen their economies and the entry into force of the OPEC+ production cut agreement are increasing oil prices in international markets. US crude oil, which climbed above $20 yesterday, approached $22 this morning. Brent oil, which continues its journey to 30 dollars, is traded above 28 dollars a barrel.
The ounce price of spot gold is moving horizontally around 1700 dollars.
Source: https://www.dunya.com/finans/haberler/dolartlde-yukselis-suruyor-haberi-469516
