4,973.87 TL BIST 100 BIST 100
18.64 $ USD USD
€19.57 EUR EUR
€1.05 EUR/USD EUR/USD
10.83 TL Interest Interest
79.57 $ Fossil Oil Fossil Oil
3.80 $ Copper Copper
22.34 $ Silver Silver
108.64 $ Iron Ore Iron Ore
373.00 $ Ship Dismantling Ship Dismantling
1,061.54 TL Gold (gr) Gold (gr)

Tense expectations before Fed in global markets

Global markets held their breath. Although the Fed is expected to raise interest rates by 75 basis points, an increase of 100 basis points is not ignored. Global stock markets are falling before the Fed.

Tense expectations before Fed in global markets

The expectation that the Fed will take a strong tightening step in tonight's interest rate decision caused bond yields to rise in the US, while Wall Street Stocks fell on Tuesday.

The S&P 500 lost 1.13 percent and the Nasdaq 100 lost 0.85 percent. The S&P 500 index fell more than 10 percent from its peak in August.

US stock markets show a limited recovery trend in the first futures. The yield of 2-year bonds, which is the most sensitive to the Fed's interest rate decisions, is close to 4 percent.

The Bloomberg Dollar Index, which closed at 1.312.9 with an increase of 0.40 percent on Tuesday, is close to its record level. Stocks in Asia follow Tuesday's losses on Wall Street.

With an unannounced bond buying operation, the Bank of Japan (BOJ) tried to take measures against the upward pressures on bond yields before the interest rate decision tomorrow.

The Japanese yen, which fell 0.4% against the dollar on Tuesday, is holding its losses this morning. The Japanese Nikkei 225 index is also down 1.32 percent. Similarly, Hong Kong Hang Seng and China CSI 300 indices fell by 1.67 percent and 0.98 percent, respectively.

The rise of geopolitical tensions with the election decision of the administrations under the control of Russia in Ukraine also has an impact on the markets.

While the price of November wheat futures contracts traded on the Chicago Commodity Exchange increased by up to 5 percent, corn futures also rose. Continuing its limited rise since the beginning of the week, Dollar/TRY is above 18.30. Bitcoin is below $19k. Gold is near the lowest level in two years before the Fed decision.

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