Geopolitical Tensions Ease, Global Markets Open Positive for the Week

The easing of geopolitical risks revived risk appetite; investors are now seeking a bolder equilibrium.

Middle East Tension Easing and Crude Oil Prices

Sources cited by Axios confirm that Donald Trump did not approve a new strike against Iran, and Iranian army spokesperson Muhammed Ekreminiya stated that U.S. attacks have been halted for two days. These developments pushed Brent down %4.8 to $92.2 per barrel, a price dip that could ease inflationary pressures.

Fed Rate Decision and Treasury Market

U.S. 10‑year Treasury yields fell 4 basis points to %4.64, while the dollar index slipped %0.3 to 101.1. Market expectations suggest no rate change at this week’s Fed meeting; any further decline in Treasury yields after the meeting would reinforce the bullish tilt.

Corporate Earnings and Tech Sector Volatility

■Intel posted a %25 YoY rise in Q2 revenue, yet its share fell %7.9.

■SAP surged %9.3 on the German exchange after beating earnings expectations.

■Naver shares jumped %10 following the announcement of a $1 billion investment from Nvidia.

Europe and Asia Equity Close

■Dow Jones rose %0.46, S&P 500 %0.05, while Nasdaq slipped %0.64.

■European indexes closed higher: FTSE MIB %0.95, FTSE 100 %0.91, CAC 40 %0.88, DAX %1.36.

■In Asia, Nikkei 225 gained %0.3, Kospi %0.2, Shanghai Composite %0.4, and Hang Seng %0.8.

Turkish Markets and FX Rates

■BIST 100 fell %0.95 to 13 943.87.

■VİOP’s BIST 30 August futures slipped %0.05.

■Dollar/TRY rose %0.1 to 47.3330, while the interbank market opened at 47.3560.

Market liquidity has shifted toward a cautious optimism as geopolitical uncertainties subside. Yet, lingering tension in the Middle East remains a potential catalyst; investors' risk premium and safe‑haven demand may continue to drive volatility in commodities and bond markets. The Fed's rate stance will be pivotal for short‑term direction—maintaining the current stance could ease pressure on U.S. Treasuries and the dollar. In Turkey, the modest rise in the FX rate reflects foreign investors' guarded posture on the BIST, with heightened volatility challenging capital inflow strategies and currency risk management.