Weekly Bulletin - April 24, 2026
Berkay Arık
berkay.arik@isbank.com.tr| Market Indicators | 17.Apr | 23.Apr | Change |
|---|---|---|---|
| BIST-100 Index | 14.588 | 14.335 | %1,7 down |
| TRY 2-Y Benchmark Rate | % 39,22 | % 40,02 | 80 bp up |
| Türkiye 5-Y CDS Premium | 228 | 238 | 10 bp up |
| MSCI EM Equity Index | 1.597 | 1.599 | %0,1 up |
| US 10-Y Bond Rate | %4,24 | %4,32 | 8 bp up |
| EUR/USD | 1,1762 | 1,1683 | %0,7 down |
| USD/TRY | 44,85 | 44,98 | %0,3 up |
| EUR/TRY | 52,77 | 52,54 | %0,4 down |
| Gold (USD/ounce) | 4.828 | 4.693 | %2,8 down |
| Brent Oil (USD/barrel) | 90,4 | 105,1 | %16,3 up |
The lack of a definitive outcome from the contacts between the US and Iran this week negatively affected the global risk perception, leading to an increase in oil prices. The April PMI data, which provided positive signals regarding economic activity in the US, indicated a divergence between the manufacturing and services sectors in the Euro Area. In its third meeting of the year, the CBRT kept the one-week repo auction interest rate unchanged at 37%. While inflation expectations increased in all sectors in April, confidence indices presented a mixed picture. Next week, the meetings of major central banks will be closely monitored in the markets. On the data agenda, preliminary growth figures for the first quarter to be announced in the US and Eurozone, as well as the core PCE data for March in the US, stand out. In the domestic market, unemployment rates, tourism statistics, and foreign trade data will be released.
"LEGAL NOTICE
This report has been prepared by Türkiye İş Bankası A.Ş. economists and analysts by using the information from publicly available sources believed to be reliable, solely for information purposes; and they are not intended to be construed as an offer or solicitation for the purchase or sale of any financial in strument or the provision of an offer to provide investment services.
The views, opinions and analyses expressed do not represent the official standing of Türkiye İş Bankası A.Ş. and are personal views and opinions of the analysts and economists who prepare the report. No representation or warranty, express or implied, is made as to the accuracy or completeness of the information contained in this report.
All information contained in this report is subject to change without notice, Türkiye İş Bankası A,Ş, accepts no liability whatsoever for any direct or consequential loss arising from any use of this report or its contents.
This report is copyright-protected. Reproducing, publishing and/or distributing this report in whole or in part is therefore prohibited. All rights reserved."