What Causes BIST and Global Market Rise?

What Causes BIST and Global Market Rise?

While Global stock markets increase over China, living in Turkey primarily on the influence of the US stock market continues its upward movement. The high number of investors within the scope of Turkey, interest rate cuts and the dollar to remain stable, can be listed among the reasons for the rise of the BIST. The emergence of a second wave of expectations in Turkey is making toward BIST up. After the outbreak in Turkey unless there are some massive bankruptcies and unemployment remains at risk despite the size of the increase is helping the rise of the BIST. The best address for the investor is considered to be BIST in 2020 because the annual interest rate of 7.5 percent can be earned in BIST in one day. Within the scope of the optimistic outlook in Asia, the inflation data well received from expectations in China shows its effect. In the US futures, a horizontal course is followed. Asian exchanges confidently moved upwards against Thursday's eight-day rally and policy backing. Investors did not care about the rising tension between Washington and Beijing. The dollar is moving in a horizontal motion in global markets. Futures indices experienced a limited decline after the day when major companies such as Apple and Amazon in the US raised their Nasdaq Composite Index to record. The ounce price of gold was over $ 1800. The offshore yuan has risen above 7 per dollar, reaching its highest level since mid-March. US Treasury bonds follow a flat course. The 9 percent increase in the Chinese stock exchanges throughout the week gained strength with the government's signals of aid and data showing that retail sales were on the rise.