Yesterday, the US indices followed a mixed course. Today, the primary focus for the financial markets is the US payrolls, the unemployment rate and trade balance. The tension between US and Russia is still will be watched by global markets. At the last news, Russia accused the US of creating “trade war.”
This morning Asian markets followed a risk — off trend, where the money inflow decreased 10-year government bonds' rates. The announced Japanese cash earnings and overtime pay, which did not meet the expectations, did not help to save the day for Japanese and most of the Asian markets.
On the EU side, the mixed PMI numbers of the countries supported the growth. However, ECB explained that there is still time to see the strength of the economic growth in the inflation. Euro still followed an upward trend against all currencies.
BOE did not change its course for the QE program and left the interest rates at %0.25 level.
Turkish markets seem to lose its upward push. We are expecting a negative — flat opening in parallel to global news.