>> The US seems to have trouble with Trump. As CEO's continued to resign from his businessmen consultancy group, Trump disbanded it. Stocks finished to day at the barely green area where the US dollar lost strength because of the domestic political tension. The weak economic data, which missed the expectations, and confused FOMC supported the loss in the value of the dollar, which created good conditions for global markets.
>> After the FED minutes, the future contracts for the rate hike in December decreased from 50% to 40%.
>> 10-year government rates increased by 0.33% to 2.232% with the help of the inclined sales in the safe harbours as the global tensions decreased.
>> Japanese Central Bank announced that it decreased the bond buying due to too low rates at the 10-year Japanese government bonds. State of Japan bonds' rates is traded at below 0.05% which might sign disinflation in the future. The difference between the short and long term rates show that low inflation is expected in the near term, which might go up in the long term.
>> Japanese markets showed a mixed journey. S&P/ASX 200, ASX All Ordinaries, STI Index, TOPIX, Nikkei 225, Hang Seng decreased where KOSPI, Shanghai Composite and Taiwan Weighted inclined.
>> The border tension between China and India, Chinese credit risk and military practice by the US and South Korea seem flashpoints that could increase the pressure in Asian markets.
>> We are expecting a slightly positive opening from BIST 100 and other emerging markets due to FED and Asian markets. Profit taking sales can occur during the day.
>> EU economic growth announced parallel to the expectations which supported euro against major currencies. The EU's inflation will be watched by the markets.
>> The primary focus will be the US economic data and FOMC presidents talks where financial markets will be looking for the hints for "rake hike" or "balance sheet shrinking".