* The primary focus of the day is ECB meeting and its announcements afterwards on the deposit and funding rates.
* Investors also expect from ECB to cut its bond-buying program by 25B/30B Euros.
* If the expectations take place, the uptrend of EUR/USD has robust possibility to continue. As the meeting time approached, EURUSD inclined three straight days. Euro gained 0.18% value against the US dollar and touched to 1.1814$.
* On the other side, the STOXX 600 lost some value and decreased by 0.57% to 387.13 Euros. The decline shows that the impact of the ECB decision could have a negative effect on the European benchmark stock market.
* The continuation of the sales also took place on Wall Street. Major indexes declined. The analysis and news flow showed that the peak points of the stock markets started to worry investors despite to the earnings reports of the companies. Therefore as the demand for the safe havens increased, the 10-year US government bond yield decreased by 1.17% to 2.415%.
* Asian markets followed a flat course. Sales depended on the profit taking sense of the investors, which drove them to the 10-year Japanese government bond. The rates declined by 1.43% to 0.069%.
* The negative sentiment on the USD/TRY and EUR/TRY increased the risks in Turkey, which boosted the 2-year government bond rates to nearly 12%.
* The deprecation of TL increased the pressure on the BIST 100. As the negativity increases, the downtrend continuation should be expected.