A Rift Emerges in Global Markets over 'Artificial Intelligence': All Eyes Are on the Central Bank of Turkey's Interest Rate Decision.
4 Articles
4 Articles
Global markets have had a volatile week, marked by US inflation, tensions in the Middle East, and selling pressure on AI stocks. This week, attention is focused on the Central Bank's interest rate decision domestically and on the earnings reports of major technology companies internationally.
Global equity markets traded mixed this week, influenced by US inflation data, developments in the Middle East, and advancements in artificial intelligence, while attention now turns to next week's busy data calendar and major company earnings reports.
Global markets are preparing for a busy week following stronger-than-expected inflation data in the US and selling pressure on technology stocks. Expectations regarding the Fed's interest rate policy, October PMI data, and earnings reports from Meta and Tesla are in the focus of investors, while in Türkiye, all eyes are on the Central Bank's interest rate decision.
Global stock markets were dominated by high US inflation data, geopolitical risks, and concerns regarding the artificial intelligence sector. The South Korean stock market experienced its sharpest weekly loss in 18 years, falling by 14.46%, while the Nasdaq declined by 4.48% and the BIST 100 by 4.44%. Next week, the Turkish Central Bank's interest rate decision will be followed in Türkiye, while global markets will focus on economic data and com…
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