USA
ABD endeks vadeli işlemleri, haftaya dalgalı bir başlangıç yaptıktan sonra Salı günü yatay seyretti. Pazartesi günü, teknoloji hisselerinin öncülüğünde S&P 500 ve Nasdaq Composite endeksleri yeni rekor seviyelere ulaştı ancak gün sonunda kazançlarının bir kısmını geri verdi. Dow Jones ise daha zayıf performans göstererek hafif düşüşle kapandı. Şimdiye kadar bilanço açıklayan S&P 500 şirketlerinin %85’inden fazlası beklentilerin üzerinde sonuç açıkladı; bu da piyasa değerlemeleri yüksek olmasına rağmen iyimserliği artırdı. Bu çeyrekte beklenen %6–7 kâr büyümesinin büyük kısmının büyük teknoloji şirketlerinden gelmesi öngörülüyor. Verizon hisseleri, şirketin beklentileri aşan bilançosu sonrası %4’ten fazla yükseldi. Block hisseleri, S&P 500 endeksine
Following news of the addition, the company gained over %8. Domino's, despite strong sales and exceeding expectations, saw its stock dip slightly. Meanwhile, uncertainty surrounding trade negotiations between the US and the European Union persists and remains a focus on markets. On a per-share basis, Alphabet stock rose %2.7 ahead of its earnings release on Wednesday. Other major tech companies also gained: Amazon rose %1.4, Netflix rose %2, and Meta rose %1.2. Investors will be focused on today's earnings releases for Philip Morris, Coca-Cola, and Lockheed Martin, as well as on statements Fed Chair Jerome Powell will make at an event in Washington.

Eurozone
European stock markets are expected to open lower on the second trading day of the week. Investors remain cautious ahead of the August 1st deadline for countries to finalize trade agreements with the US. US Treasury Secretary Scott Bessent said that the imposition of higher tariffs starting August 1st will increase pressure on countries to come up with better deals. As the focus shifts to corporate balance sheets in Europe, financial reports from major firms like SAP, UniCredit, and Poste Italiane are expected today. No major economic data is scheduled for release later today. In futures trading, the Euro Stoxx 50 index is down 0.5%, while the Stoxx 600 index is down 0.3%.

Türkiye
While the exchange rate remained nearly flat on the first trading day of the week, the dollar index started the week with a loss of value.
All eyes are on the tariff negotiations before August 1st. D. Trump has set the tariff deadline as August 1st.
açıklamıştı. Yurt içerisinde TCMB Piyasa Katılımcıları Anketi’ne göre katılımcıların yıl sonu TÜFE beklentisi %29,86’dan
%29,66’ya gerilerken, yıl sonu dolar/TL beklentisi ise 43,57’den 43,72’ye yükseldi. Dün açıklanan verinin fiyatlamalara
We can say it had no effect. The data of the week is Thursday's Central Bank interest rate decision. The prevailing market expectation and our expectation
The policy rate will be cut by 250 basis points. In the US, the Fed's interest rate decision on July 30 will be closely watched. Today, the Fed
President J. Powell's speech will be watched.

EUR/USD
The euro consolidated its gains above $1.16 as investors awaited the European Central Bank's policy decision and closely watched EU-US trade developments.
After eight consecutive cuts, the pair is expected to keep interest rates unchanged on Thursday. Technically, we are monitoring the 1.1675 level in the short term. Above this level,
In case of a recovery, the levels 1.1736 - 1.1777 can be targeted. In case of a possible decline, the levels 1.1634 - 1.1573 can be monitored as support.
Supports: 1.1634 – 1.1573 – 1.1532
Resistances: 1.1736 – 1.1777 – 1.1839

GBP/USD
The British pound is recovering from broad weakness against the dollar, as market sentiment remains cautious due to growing uncertainty over US tariffs and concerns about the Fed's independence.
It rose to $1.35 with the support. Technically, we are monitoring the level of 1.3467 in the GBP/USD pair. It may be necessary to see persistence above this level for positive expectations. The relevant level
Below, the levels 1.3424 - 1.3359 can be followed as support. As intraday technical levels;
Supports: 1.3424 – 1.3359 – 1.3316
Resistances: 1.3533 – 1.3575 – 1.3641

XAU/USD
Gold prices fell to around $3,380 an ounce on Tuesday but were held back for more than five weeks due to uncertainty ahead of President Donald Trump's August 1 tariff deadline.
It remained close to its highest level. Technically, the target levels for gold are 3419 - 3442, above the 3380 level. In case of possible selling pressure, the levels of 3356 - 3316 are monitored as support.
Intraday technical levels can be:
Supports: 3356 – 3316 – 3293
Resistances: 3419 – 3442 – 3482

XAG/USD
Silver prices are falling behind the US dollar and Treasury yields amid concerns about ongoing trade negotiations and rising expectations for a Fed rate cut.
With the decline, the price climbed to $38.9 per ounce, reaching its highest level since August 2011. Technically, we are monitoring the 38.64 level for silver.
If prices continue above this level, resistance levels of 39.32 - 39.72 can be monitored. Intraday technical levels;
Supports: 38.23 – 38.56 – 37.15
Resistances: 39.32 – 39.72 – 40.40

Brent Crude Oil
Brent crude futures fell to around $68.7 a barrel on Tuesday, falling to a high of $68.7 a barrel, as ongoing uncertainty in trade talks fueled fears about the demand outlook.
It had its third consecutive losing session. Technically, we are monitoring the 69.00 level for oil. It may be necessary to see it stay above that level for an upward trend. In case of possible declines,
Support levels can be monitored between 68.40 and 67.81. Intraday technical levels include:
Supports: 68.40 – 67.81 – 67.21
Resistances: 69.59 – 70.19 – 70.78

Crude Oil
We are technically monitoring the 65.79 level for crude oil. If pressure continues below that level, support levels of 65.16 - 64.58 could be considered.
In case of a possible recovery, the 66.37 - 67.00 levels can be targeted after the 65.79 resistance is overcome. Intraday technical levels;
Supports: 65.16 – 64.58 – 63.95
Resistances: 66.37 – 67.00 – 67.58

Nasdaq (Near Term)
Technically, we're monitoring the 23324 level for the Nasdaq index futures contract. For the rise to continue, it may be necessary to see it hold above that level. For the rises, we're looking at 23443 - 23543.
levels can be targeted. As intraday technical levels;
Supports: 23224 – 23104 – 23005
Resistors: 23443 – 23543 – 23662

Dow Jones (Near Term)
We are technically monitoring the DJ index at 46630 in the short term. If it remains above that level, the upward trend is expected to continue. In the case of declines,
Levels 44448 – 44309 can be followed as support. As intraday technical levels;
Supports: 44448 – 44309 – 44127
Resistors: 44769 – 44951 – 45090

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