USA
U.S. index futures were little changed at the opening of the holiday session on Tuesday. September is historically one of the weakest periods for stocks, with the S&P 500 losing an average of %4.2 over the past five years. Markets also felt the impact of a federal appeals court ruling that ruled many of Trump's global tariffs illegal. Trump called the ruling overly partisan and announced he would appeal to the Supreme Court. Furthermore, concerns about the Fed's independence persist as Trump attempts to oust Fed Governor Lisa Cook. This week, one of Trump's nominees, Stephen Miran, is scheduled to address a Senate Banking Committee hearing. In August, the Dow rose %3.2, the S&P 500 rose %1.91, and the Nasdaq rose %1.58. The 10-year U.S. Treasury yield rose to around $%4.25 on Tuesday, extending its gains into a second session as investors returned from the weekend and awaited key labor market data that could shape the Federal Reserve’s policy outlook this week. Gold prices reached an all-time high above $3,490 an ounce on Tuesday. This rise was supported by growing expectations for a Federal Reserve rate cut this month and a weakening U.S. dollar. Silver traded around $40.7 an ounce on Tuesday after rising more than $%2 in the previous session, stabilizing near its highest level since 2011. Crude oil (WTI) futures rose toward $65 a barrel on Tuesday, extending gains from the previous session amid growing concerns that the ongoing Russia-Ukraine conflict could further disrupt global supply. The ISM Manufacturing PMI will be closely watched today. Expectations are for the ISM Manufacturing PMI to rise to 49.

Eurozone
European stock markets are expected to open lower on Tuesday, amid a cautious tone ahead of critical inflation data that could shape the region's monetary policy outlook. Markets will focus on preliminary eurozone inflation figures for August, along with Spanish unemployment figures and the Italian producer price index. Expectations for regional inflation are for headline inflation to rise to 2.1%, while core inflation could slow to 2.2%. European stock markets opened higher on Monday, with defense and healthcare stocks particularly prominent, supported by strong corporate earnings. Ahead of the opening, Euro Stoxx 50 futures fell by 0.3TP3T, while Stoxx 600 futures fell by 0.2TP3T.

Türkiye
Türkiye ekonomisi yılın ikinci çeyreğinde çeyreklik bazda %1,6 ve yıllık bazda %4,8 oranında büyüme kaydetti. Büyüme verisi bizim ve piyasa medyan beklentisinin üzerinde gerçekleşti. Diğer taraftan İSO Türkiye İmalat PMI verisi ağustosta 45,9’dan 47,3’e yükseldi. İTO İstanbul Tüketici Fiyat Endeksi ise ağustosta aylık %1,84 ve yıllık %40,83 oranında artış kaydetti. Açıklanan verilerin fiyatlamalara etkisi olmadı diyebiliriz. Bugün yurt içerisinde veri akışı sakin. ABD tarafında ise ISM imalat PMI verisi ön plana çıkacak. Hafta geneline bakacak olursak, yarın bizde enflasyon verileri, cuma günü ise ABD’de istihdam verileri yakından izlenecek.

EUR/USD
The euro rose above 1.17, nearing its strongest levels since late July, as the dollar weakened. US employment data will be a key factor in markets this week, as the Fed weighs on a potential interest rate cut.
While Trump's attempt to remove Fed Governor Cook failed, trade and political uncertainties in Europe remain on the agenda. Intraday technical levels:
Supports: 1.1684 – 1.1660 – 1.1634
Resistances: 1.1734- 1.1760 – 1.1784

GBP/USD
Sterling remains strong above 1.35, with markets focused on US employment data and the expected Fed rate cut in September. The dollar is also under pressure due to concerns about the Fed's independence and
The country remains under pressure after Trump's tariffs were deemed illegal. In the UK, the schedule for the Autumn Budget and the BoE's potential actions are being monitored. Intraday technical levels:
Supports: 1.3507 – 1.3473 – 1.3451
Resistances: 1.3564 – 1.3585 – 1.3620

XAU/USD
Altın fiyatı 3.490 doların üzerine çıkarak rekor seviyeye ulaştı; yükselişi Fed’in bu ay faiz indirimi beklentileri ve zayıf dolar destekliyor. Piyasalar %90 ihtimalle 25 baz puanlık indirim fiyatlarken, gözler bu
The focus has shifted to next week's nonfarm payroll data. Concerns about the Fed's independence and uncertainty surrounding Trump's tariffs are fueling safe-haven demand. Intraday technical levels:
Supports: 3445 – 3414 – 3392
Resistances: 3498 – 3520 – 3551

XAG/USD
Silver is trading around $40.7, near its highest levels since 2011. Markets are expecting a 25 basis point interest rate cut from the Fed this month,
Safe-haven demand and strong industrial demand from China, fueled by solar energy, are supporting prices. Concerns about the Fed's independence and concerns about Trump's tariffs
Uncertainties are also increasing buying. Intraday technical levels;
Supports: 39.91 – 39.11 – 38.69
Resistances: 41.13 – 41.55 – 42.35

Brent Crude Oil
Brent crude continued its rise, rising above $68 a barrel, supported by concerns that the Russia-Ukraine war could disrupt supply and strong economic data from China. However, a potential oversupply remains a concern.
expectations are limiting gains. Investors are focused on this week's OPEC+ meeting. Intraday technical levels:
Supports: 67.38 – 66.62 – 66.14
Resistances: 68.62 – 69.10 – 69.86

Crude Oil
WTI crude continued its rise, approaching $65 a barrel, as prices were pushed higher by concerns that the Russia-Ukraine war could disrupt supply and strong manufacturing data from China.
supported. However, expectations of excess supply are limiting gains. All eyes are on this week's OPEC+ meeting. Intraday technical levels:
Supports: 63.91 – 63.16 – 62.69
Resistances: 65.13 – 65.60 – 66.35

Nasdaq Near Term
U.S. stock market futures opened flat on Tuesday following the long holiday. September, historically the weakest month for stocks, saw the S&P 500 decline an average of %4.2 over the past five years. Markets are also feeling the impact of a federal appeals court ruling that found many of Trump's global tariffs illegal. Meanwhile, the Dow gained %3.2, the S&P 500 gained %1.91, and the Nasdaq gained %1.58 in August, closing the month higher. Intraday technical levels:
Supports: 23398 – 23294 – 23217
Resistors: 23578 – 23655 – 23759

Dow Jones Near Term
US index futures were flat on Tuesday after the holiday. September's historically weak month for stocks and the illegality of Trump's tariffs are weighing on the market. As concerns about the Fed's independence persist, the Dow rose %3.2, the S&P 500 rose %1.91, and the Nasdaq rose %1.58 in August. Intraday technical levels:
Supports: 45530 – 45418 – 45311
Resistors: 45750 – 45858 – 45970

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