The geopolitical tension between the USA and North Korea don't seem to ease any time close.
As the risks increased, the major USA indices closed in the red territory, where DXY, VIX inclined, and 10-year bond rate declined due to demand to the safe harbours.
The Asian markets continue to be traded in the negative zone as Japanese yen expanded its value against the dollar. The volatility indices such as Nikkei Volatility and China ETF Volatility enlarged the third day in a row. The "risk-off" demand soars in global markets as the volatility indices in Asian markets strengthen their enlargements.
The selling pressure seems to be continued in emerging markets. The depreciation in emerging markets currencies against the dollar should be expected.
USD/TRY seems to have a good resistance level at 3.50. It is being traded at 3.5423 with 0.14% increase. The news flow on the tension might give a boost to the currency and the "risk - off" assets demand expand.
A 0.20% negative opening in BIST 100 should be expected with an "increased" selling pressure during to day. However, there is no reason for a big decline in the stock markets as the gossips tell. This effect will be limited in global markets unless the tension does not increase.