28 April 2020 Markets to Follow
While the world markets remained positive before the Fed's interest rate decision, which will take place tomorrow, the data calendar to be activated starting from the second trading day of the week and the company balance sheets to be announced have been placed in the eyes of investors.
Before the interest rate decision to be announced tomorrow, the Federal Reserve of America decided to increase the content of liquidity support for the municipalities it applied to be a band-aid for the economic losses of the coronavirus epidemic that affected the world yesterday.
Although the decisions of the central banks and governments implemented by the countries to alleviate the losses they suffered from the coronavirus epidemic, the developments regarding the resumption of economic activity have been effective in the movement of the markets again.
While the restrictions started to be relieved in Italy, which is one of the countries most affected by the coronavirus epidemic in Europe, the limited number of these activities was one of the outstanding issues.
Estimates that economic activity will continue again, if not in a series, began to move the share markets.
Yesterday, Dow Jones index gained 1.51 percent in the United States, while S&P 500 index increased by 1.47 percent and Nasdaq index increased by 1.11 percent.
On the European
stock exchange, it was noteworthy that purchases were over-experienced. DAX index increased by 3.13 percent in Germany, FTSE 100 index increased by 1.64 percent in England and CAC 40 index increased by 2.55 percent in France.
Asian stock markets follow a fluctuating course today. Although the unemployment rate announced in Japan remained flat at 2.5 percent above expectations, the Nikkei 225 index dropped 0.2 percent yesterday, completing the first trading day of the week yesterday, following the announcement of the international credit rating agency Moody's.
In Turkey, to continue where it left off signals for BIST 100 index of economic activity for the last five weeks has caused movement to maintain its upward momentum. BIST 100 index, which increased by 2.54 percent yesterday with news about the normalization of commercial movements in Europe, completed the first trading day of the week with the highest score from March 9 to today with 101.267,36 points.
The data to be followed in the markets today are as follows:
10:00 Turkey, March international reserves and foreign currency liquidity
15.30 US, March wholesale stocks
17.00 US, April consumer confidence index
17.00 US, April Richmond Fed industry index