USA
Yatırımcılar bu hafta, ABD Merkez Bankası’nın (Fed) para politikası kararın odaklanması ile ABD 10 yıllık Hazine tahvili getirisi Salı günü %4,4 civarında yatay seyretti. Fed’in Çarşamba günü faiz oranlarını sabit tutması bekleniyor, ancak Eylül ayında olası bir faiz indirimi konusunda verilecek sinyaller piyasalar tarafından yakından izlenecek. Ayrıca Fed’in enflasyon göstergesi olarak tercih ettiği Kişisel Tüketim Harcamaları (PCE) raporu da yakında açıklanacak ve bu veri, tarifelerin fiyat baskıları üzerindeki etkisi konusunda ipuçları verebilir. Bu hafta ayrıca iş gücü piyasasına ilişkin bir dizi veri açıklanacak; haftanın en çok beklenen verisi ise Cuma günü yayımlanacak olan aylık istihdam raporu olacak. ABD hisse senedi vadeli işlemleri, haftaya karışık bir başlangıç sonrası Salı günü yatay seyretti. Pazartesi günü S&P 500 %0,02, Nasdaq Composite ise %0,33 yükselerek her ikisi de yeni rekor seviyelere ulaştı. Piyasa, ABD ile Avrupa Birliği arasında duyurulan yeni ticaret anlaşmasına tepki verirken, aynı zamanda yoğun bir bilanço haftası ve önemli ekonomik veriler öncesinde temkinli duruş sergiledi. ABD ile Avrupa Birliği arasında hafta sonunda varılan ve AB’den yapılan ihracatın çoğuna %15 gümrük vergisi getiren ticaret anlaşması da dikkat çekmeye devam ediyor. Anlaşma, ABD ekonomisine orantısız şekilde avantaj sağladığı gerekçesiyle eleştiriliyor. Öte yandan, ABD-Çin ticaret ateşkesinin uzatılabileceğine dair iyimserlik arttı. Yatırımcılar, makro ekonomik veriler başta olmak üzere Meta, Microsoft, Apple ve Amazon gibi büyük teknoloji şirketlerinin açıklayacağı bilançolara da odaklanmış durumda.

Eurozone
Avrupa’da yatırımcılar, yeni açıklanan ABD-AB ticaret anlaşmasının etkilerini değerlendirmeye devam ederken, hisse senedi piyasalarının Salı günü yükselişle açılması bekleniyor. Pazartesi günü bölge genelindeki hisseler baskı altında kaldı. Anlaşma, Euro Bölgesi büyümesi pahasına ABD ekonomisini destekler nitelikte görüldü. Fransa’dan yetkililer, AB mallarına %15 gümrük vergisi getiren bu anlaşmayı dengesiz olarak nitelendirirken, Almanya Başbakanı Friedrich Merz, yeni şartlar altında Almanya’nın önemli ölçüde ekonomik zarar görebileceği konusunda uyarıda bulundu. Yatırımcılar ayrıca, Barclays, L’Oréal, AstraZeneca ve Ferrovial gibi büyük Avrupalı şirketlerin açıklayacağı bilançolara odaklanmış durumda. Vadeli işlemlerde Euro Stoxx 50 %0,3, Stoxx 600 ise %0,2 yükseldi..

Türkiye
On the first trading day of the week, exchange rates followed a near-flat course with low volatility. Rating decisions by credit rating agencies had limited impact on pricing. Following the Central Bank of the Republic of Turkey (CBRT)'s interest rate cut decision, next week's July inflation data will be crucial for the interest rate cut cycle. In the US, tomorrow's Fed interest rate decision will be a key consideration. Market expectations are for interest rates to remain steady. Fed Chair J. Powell's messages will be crucial. Furthermore, disagreements on interest rates have been ongoing between the US administration and the Fed for some time. Furthermore, trade agreements before August 1st will be closely monitored. Following the US-EU tariff agreements, negotiations between the US and China will be closely monitored.

EUR/USD
The euro remained under pressure following a broad dollar strengthening as investors reacted to the newly announced US-EU trade agreement. Technically, the pair is trading at 1.1647 in the short term.
We are monitoring the level. The risk of the price falling below the 20-50 EMA indicates increasing selling pressure. If the 1.1524 level is broken to the downside, the decline is likely to continue to the 1.1462 support.
Supports: 1.1524 – 1.1462 – 1.1339
Resistances: 1.1647 – 1.1709 – 1.1832

GBP/USD
The British pound has hit its latest two-week high as weak UK data shifted market focus from inflation to slowing growth and trade optimism lifted the US currency.
Technically, we are monitoring the GBP/USD parity level of 1.3385, declining from $1.358 to 1.33 levels. Persistence above this level is crucial for positive expectations.
Below 1.3385, 1.3318 – 1.3284 levels can be monitored as support. As intraday technical levels;
Supports: 1.3318 – 1.3284 – 1.3217
Resistances: 1.3385 – 1.3419 – 1.3486

XAU/USD
Gold rose to around $3,320 an ounce on Tuesday, but fell to a three-week low as easing trade tensions and a stronger US dollar dimmed the metal's appeal.
remained near the level. In movements below 3320, loosening towards the levels of 3295 - 3276 can be observed. For the upward trend to come to the fore again, 3320
It may be necessary to see persistence above the level. As intraday technical levels;
Supports: 3295 – 3276 – 3251
Resistances: 3340 – 3365 – 3384

XAG/USD
Silver prices remained under pressure on Tuesday, holding below $38.20 per ounce but falling two-fold as the strong US dollar continued to weigh on the market.
It's trading near the lows of the week. Technically, we're monitoring silver at 38.12. A break above that level may be necessary for bullish expectations.
On the rise, the levels 38.36 - 38.57 can be followed as resistance. Intraday technical levels;
Supports: 37.92 – 37.68 – 37.40
Resistances: 38.36 – 38.57 – 38.80

Brent Crude Oil
Brent crude futures traded around $70 a barrel on Tuesday, a move that was expected on Monday after President Trump shortened the deadline for Russia to reach a Ukraine peace deal.
After rising above %2 on concerns about a decline in global oil supply, it held on to its gains. Technically, we are monitoring the 68.98 level for oil.
The rise can be expected to continue. In case of possible declines, the levels 6768.28 - 67.04, 01 - 66.50 can be followed as support. As intraday technical levels;
Supports: 68.98 – 68.28 – 67.04
Resistances: 70.22 – 70.92 – 72.16

Crude Oil (WTI)
Technically, we are monitoring the 66.37 level for crude oil. A recovery above this level could target levels of 67.68 - 68.43.
In case of sales below the resistance level, the levels 66.37 - 65.62 can be followed as support. Intraday technical levels are as follows;
Supports: 66.37 – 65.62 – 64.30
Resistances: 67.68 – 68.43 – 69.75

Nasdaq (Near Term)
Technically, we are monitoring the 23509 level for the Nasdaq index futures contract. If the index continues to hold above that level, we could move towards 23600.
The rise can be expected to continue. In case of a possible correction in the Nasdaq, which is trading at record levels and is more vulnerable to profit taking, the levels 23509 - 23435 will be considered as support.
can be followed. Intraday technical levels;
Supports: 23509 – 23435 – 23362
Resistors: 23582 – 23657 – 23730

Dow Jones (Near Term)
We are technically monitoring the DJ index at 45073 in the short term. A strong close above this level may be necessary for the rise to continue.
In the continuation of the rise, the levels 45236 - 45473 may become targets. In case of pressure below the level 45073, the levels 44836 - 44673 may become support.
can be followed as intraday technical levels;
Supports: 44836 – 44673 – 44436
Resistors: 45236 – 45473 – 45636

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