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17.10.2017 - Market Watch

Published 10/17/2017, 04:40 AM
Updated 07/09/2023, 06:31 AM


* Positive condition continues for the global indexes except STOXX 600 in Europe.
* The government of Madrid announced that the Catalonian leader should give up from this "independence" idea until Thursday.
* The political uncertainty escalated, which increased the selling pressure on the IBEX 35 and European benchmark index, which managed flat closing.
* EUR/USD parity also devalued due to increased political tensions and secure data from the US. The equality lost %0.1526 and traded at 1.1778$.
* The Wall Street continues to run for the new records. The benchmark indexes closed in the green area. The US dollar index was up by %0.07 and traded at 93.37$ due to John Taylor name who became a candidate for the FED Presidency. He is known as a "bullish" macroeconomics applier.
* Asian shares also continued their journey in the green area.iShares MSCI All Country Asia ex Japan (NASDAQ:AAXJ) was up by %0.12 and traded at 75.39$. Nikkei 225 and TOPIX indices were also up by %0.12 and %0.33% in order.
* The Japan 10-Year government bonds' rates gained value by %3.17 and traded at %0.065 level. It shows the stable risk appetite of the investors just before the Communist Party Congress.
* The tailwind conditions for the risky assets continued due to increased expectation for the company profits reports.
* Same optimism is expected to be seen in the Turkish markets. The "Taylor" effect and the increased geopolitical risks can be observed from the strengthening dollar.

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