What You Need to Know About the Markets: October 30 Update

Market Overview

On October 30, 2025, it is crucial for investors to follow important developments before the market opens. During this period, the Federal Reserve (Fed) lowered the policy rate by 25 basis points to a range of 3.75–4.00%. Chairman Jerome Powell stated that a new rate cut in December is "not certain". Additionally, the Fed decided to end the balance sheet reduction process from December 1.

Trump and Xi Meetings

The meetings between U.S. President Donald Trump and Chinese President Xi Jinping have become an important development that could affect the market. At the beginning of the meeting, Trump announced that fentanyl tariffs would be reduced and that China would increase its soybean purchases. Positive signals were also given regarding rare earth elements.

Market Reactions

Following the meeting, U.S. futures started the day with a flat-positive opening. However, as the details of the meetings are announced, market fluctuations are expected. Meanwhile, the U.S. 10-year Treasury yield rose to 4.07%, while the dollar index slipped below the 99 level. The EUR/USD pair stabilized above 1.16, while gold prices rose to around $3,977. Brent oil was traded at $63.97.

Focus on ECB in the Eurozone

Today, the ECB’s interest rate decision is being monitored in the Eurozone. The bank is expected to keep the rate unchanged. On the U.S. side, preliminary growth data and statements from Fed members are closely watched by market observers.

Situation in Borsa Istanbul

Borsa Istanbul completed its last trading day with a 0.16% increase, finishing at 10,871 points. The banking index showed a 0.18% decrease, while limited increases were observed in holding and industrial stocks. Garanti Bank's net profit of 30.48 billion TL in Q3 2025 could have an impact on the banking index.

Bond Market and Currency Situation

The positive outlook in the bond market continues; the yield on 10-year bonds is at 31.57%, while the yield on 2-year bonds is at 40.00%. The USD/TRY is trading at 41.99, and the EUR/TRY is at 48.97 levels. A limited recovery in the economic confidence index is expected in October.

Important Technical Indicators

In the BIST 100 index, the 10,700 level should be monitored as the main support level, with resistance levels at 10,900 and 11,300 above. VIOP started the morning session with a 0.29% increase, and the positive outlook continues in this short trading week. It is also worth noting that today is the final disclosure date for non-consolidated financial statements.

Strong Stocks

• Katılımevim Tas. Fin. (KTLEV)
• Pasifik Eurasia Lojistik (PASEU)

This content is for informational purposes only and does not constitute investment advice.