In Borsa Istanbul, the BIST 100 index ended the day losing 8.72%, closing at 9,860.29 points. Compared to the previous close, the BIST 100 index dropped by 941.94 points to finish at 9,860.29 points, with a total trading volume of 171 billion Turkish lira. While the banking index lost 9.88% and the holding index dropped by 8.37%, the communication sector was the biggest loser with a decline of 9.98%. The Index-Linked Circuit Breaker System was triggered twice today on Borsa Istanbul. Global markets are in mixed waters due to U.S. President Donald Trump’s protectionist economic and trade policies, alongside ongoing geopolitical risks, focusing on the Federal Reserve’s decision scheduled for this evening. It is widely expected that the Fed will keep the policy rate steady, with market direction heavily influenced by the policy statement and signals from Fed Chair Jerome Powell. Istanbul Chief Public Prosecutor’s Office reported that arrest warrants were issued for 7 suspects, including Istanbul Metropolitan Municipality (IBB) Mayor Ekrem Imamoglu, IBB Deputy Secretary General Mahir Polat, and Sisli Municipality Mayor Resul Emrah Şahan, on charges of “aiding the PKK/KCK terrorist organization”. Analysts noted that tomorrow’s agenda includes domestic unemployment rate, weekly monetary and banking statistics, as well as the Bank of England’s interest rate decision, Germany’s Producer Price Index (PPI), and U.S. weekly jobless claims among other data releases. Expecting the BoE to maintain its policy rate, analysts highlighted the technical levels for the BIST 100 index, pointing out 9,700 and 9,600 as support levels, with 10,000 and 10,100 points as resistance.