Global markets started the week on a positive note.

Global markets started the first trading day of the week positively, following the employment data released in the US last week, which raised expectations that the country could experience a "soft landing" in its economy. As optimism regarding a "soft landing" in the US economy continues to gain strength, this week, the focus of the markets is on a busy data agenda, particularly inflation. The better-than-expected employment data indicating that the economy is improving has increased risk appetite in global markets.

In the US, non-farm employment rose by 254,000 in September, exceeding expectations, while the unemployment rate fell from 4.2% to 4.1%.

Employment growth in September reached its highest level in six months, while the unemployment rate dropped to its lowest level in the last three months.

The average hourly earnings, closely monitored by the Federal Reserve (Fed), increased by 0.4% to $35.36.

Analysts noted that concerns about a recession in the US have decreased following the released employment data, stating that the inflation data to be released this week is of great importance for the direction of the markets.

While the statements of Fed officials are being monitored, Chicago Fed President Austan Goolsbee indicated that the end of the dockworkers' strike is good news for the country's economy.

Goolsbee emphasized that one should not overreact to a single data point, expressing that he would be confident that full employment has been reached if the labor reports released on Friday continue to be observed.

Goolsbee conveyed that the vast majority of Fed policymakers believe that interest rates will drop significantly next year.

In the pricing of money markets, a 25 basis point interest rate cut by the Fed in November is being viewed as a certainty.

Analysts also mentioned that geopolitical developments are being monitored, noting that news flow from this front could dampen risk appetite in global markets.

With these developments, the US 10-year Treasury yield is currently at 3.98%, while the dollar index is hovering around 102.5 in the new week.

The price of gold per ounce decreased by 0.1% on Friday, and is currently trading at $2,644, which is 0.4% lower than the previous close.

The price of Brent crude oil, after finishing Friday at $77.9 with a 0.6% increase, is currently trading at around $77.5, down 0.5% on the first trading day of the week.

On Friday, the Dow Jones index rose by 0.81%, the S&P 500 index by 0.90%, and the Nasdaq index by 1.22%. In the US, index futures started the new day with an increase.

In European stock markets, a positive trend emerged on Friday following the employment data released in the US, except for the UK, while concerns about economic stagnation in the region persist.

On the other hand, EU member countries supported the proposal to impose additional customs duties of up to 45% on Chinese-made electric vehicles.

Analysts reported that the European Central Bank (ECB) is expected to implement a total of 50 basis points of interest rate cuts by the end of the year, noting that signals from macroeconomic data are being closely monitored by investors.

On Friday, Germany's DAX 40 index gained 0.55%, Italy's FTSE MIB index rose by 1.28%, and France's CAC 40 index increased by 0.85%, while the UK's FTSE 100 index fell by 0.02%. In Europe, index futures also started the day with an increase.

In Asian markets, a buying trend is dominant, while trading is not taking place in China due to the holiday.

Analysts noted that the positive effects of the economic stimulus announced in China continue to be felt in Asian markets.

News flow indicating that officials from China's National Development and Reform Commission will hold a briefing tomorrow regarding the implementation of gradual economic policies will also be monitored for its effects on Asian markets.

Meanwhile, according to the data released today, Japan's leading index for August was 106.7, in line with expectations.

The dollar/yen exchange rate finished Friday with a 1.2% increase at 148.71, while it is currently at 148.50, down 0.2%.

Near the close, Japan's Nikkei 225 index rose by 2.3%, Hong Kong's Hang Seng index increased by 1.2%, and South Korea's Kospi index gained 1.5%.

On Friday, the BIST 100 index in Istanbul, which followed a buying trend, closed the day at 9,109.34 points, up 2.37% from the previous close.

The dollar/TL closed Friday with a 0.30% increase at 34.2571, while it is currently trading just above the previous close at 34.2670 in the interbank market.

Analysts stated that today, the domestic treasury cash balance and retail sales in the Eurozone will be monitored, noting that technically, the resistance levels for the BIST 100 index are at 9,200 and 9,300, while the support levels are at 8,850 and 8,700 points.