The BIST 100 index in Borsa Istanbul completed the day with a 2.67% gain, closing at 9,184.82 points. Compared to the previous close, the BIST 100 index increased by 238.69 points, with a total trading volume of 100.1 billion Turkish Lira. The banking index gained 5.20%, while the holding index increased by 2.28%. Among the sector indices, banking was the biggest gainer, while food and beverage was the only loser with a 0.04% decline. Global markets are experiencing mixed trends following the expected 0.25% rate cut by the US Federal Reserve yesterday. Additionally, during an informative meeting at the Central Bank’s Management Center for the introduction of the 4th “Inflation Report” of the year, the President of the Central Bank of the Republic of Turkey (CBRT), Fatih Karahan, stated that they revised their year-end inflation forecasts for 2024 and 2025 upwards to 44% and 21%, respectively, predicting that inflation will decrease to 12% by the end of 2026. Analysts mentioned that in the upcoming week, domestic events such as the balance of payments and industrial production, along with international events like inflation in the US, and growth in the UK and the Eurozone, as well as comments from Fed Chair Jerome Powell will be closely monitored. From a technical perspective, they noted that the resistance levels for the BIST 100 index were at 9,200 and 9,300 points, with support levels at 8,800 and 8,700. Meanwhile, economists participating in the AA Finance Balance of Payments Expectation Survey predicted a surplus of $2.723 billion in the current account balance for September. They also forecasted that the current account deficit will reach $11.871 billion in 2024.