* In spite of the increased political stress in Europe, the STOXX 600 managed to gain value by 0.16% and closed at 390.74 Euro. On the other hand, the Spanish stock markets couldn't escape the pressure and lost 0.60%.
The continuation of Catalanian crisis and the referendum wills in Italy put weight on the EUR/USD parity. It closed the day by following a flat trend. Today, some revalue seems to take place as the equality is up to 1.1755 dollars.
* It seems that Spanish, Italian and Brexit crisis have a high chance to keep the EUR/USD under pressure. However, the upcoming ECB meeting and afterwards announcements support the up move.
* Investors expect a "trimming" in the asset/bond-buying program, which means to cut it to a half such as 30 billion Euros. Therefore, if such an expectation becomes, revaluation of the EUR/USD to higher values should be expected.
* There is some profit taking actions in the US markets, Dow 30 lost 0.23%, and Nasdaq was down by 0.64%. S&P 500 also dropped value by 0.40% in parallel to the NYSE.
* Investors see this as a "respite", but in my opinion, markets have become so expensive and they need another story to keep the optimism. This story seems to be the FED president, which Trump promised to announce soon.
* The uncertainty of the FED President increases the volatility in the markets, which is support by the US Dollar index and ten years US government bonds' yields. The yields inclined by 0.23% to 2.374%. VIX also gained some value such as 11.03% in a day, which is supported by the selling in the US markets.
* The positive mood seems to continue in the Asian markets as they liked ABE's election. They are in positive territory except for Singapore and the Hang Seng.
* This morning, there are declines in the USD/TRY (lost 0.20% to 3.7088 TL) and EUR/TRY (lost 0.14% to 4.3619TL) as they saw their intraday peaks. With the strengthening TL and the positivism in the Asian markets, a 0.05 % - 0.10 % positive opening should be expected from BIST 100, which has a high chance to get support from the reaction to the yesterday's sales.