All eyes are on the Central Bank today… The CBRT is expected to take the concrete step of the first move to return to the rational economic ground with the interest rate decision to be announced at 14:00 today. Regarding the decision, there are opinions varying between 15% and 30%.
While the eyes were fixed on the level at which the Center will withdraw interest rates and the messages it will give, the markets started the day with a mixed course.
Borsa İstanbul 100 index started the day at 5,200 with an increase of 0.26%, while the BIST-30 index is at 5,802 with an increase of 0.25%. FENER was the highest rising at the opening with 1.75 percent, followed by KOZAA and MAVI shares with an increase of 1.18 percent. The biggest losers at the opening were EUREN with 0.96 percent and IZMDC with 0.81 percent, followed by 0.57 percent BRYAT shares.
Dollar Outlook Horizontal Negative
It is possible to say that the red light is on in the dollar/TL before the center. The dollar/TL, which has been oscillating between 23.55 and 23.65 for a few days, continues to trade at 23.55 with a decrease of 0.10 percent as of 10:00.
The euro, on the other hand, is at 25.86 with a negative outlook of 0.18 percent in the same hours.
Gold Prices Drop From Peak
Gram gold price started the day with a negative course by carrying the red candle, which it could not blow out for 4 days, to the 5th day. As of 10:05, gram gold, which was traded at 1,460 TL with a decrease of 0.35 percent, is behind the peak price of 1,500 TL.
It is possible to say that the decline in the dollar and the declining global gold prices have been effective in the last few days. While the ounce price of gold in dollar terms is at the level of 1,927 dollars with a decrease of 0.25%, the decline in the ounce gold price plays the leading role in the decline in gram gold with the effect of the calm dollar/TL parity.
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