The BIST 100 index on Borsa Istanbul completed the day with a 1.11 percent increase, closing at 9,951.65 points. Compared to the previous closing, the BIST 100 index increased by 109.50 points, with a total trading volume of 103 billion Turkish liras. While the banking index lost 0.90 percent, the holding index gained 1.73 percent. Among the sector indices, financial leasing factoring had the highest increase at 3.57 percent, while telecommunication was the biggest loser with a decrease of 0.93 percent. In global markets, there is a mixed trend due to the limited decrease in concerns about additional U.S. tariffs. At the same time, during an information meeting held at the Istanbul Finance Center for the first time to introduce the Year 1 Inflation Report, the President of the Central Bank of the Republic of Turkey (CBRT) Fatih Karahan stated that they predict inflation will reach 24 percent by 2025. Karahan said, “We have maintained our inflation forecast of 12 percent by the end of 2026. After inflation falls to 8 percent in 2027, we aim for stability at around 5 percent in the medium term.” Karahan stated, “We are not on autopilot regarding (interest rate cuts), we are evaluating from meeting to meeting, focusing on data, and we assess that proceeding cautiously is crucial.” Meanwhile, non-farm payrolls in the U.S. increased by 143,000 in January, lower than expectations, while the unemployment rate decreased from 4.1 percent to 4 percent. During this period, average hourly earnings increased by 0.5 percent monthly and 4.1 percent annually, exceeding expectations. Analysts noted that although non-farm payroll data came in below expectations, the reduction in unemployment and the increase in average hourly earnings exceeding expectations emphasized the belief that the Fed will not rush to cut interest rates. Analysts highlighted that next week, the emphasis will be on the current account balance, the CBRT market participants survey, and labor statistics domestically, while abroad, the remarks of Federal Reserve Chair Jerome Powell, inflation in the U.S., retail sales, industrial production, growth in the Eurozone and the UK, and various intensive data will be closely monitored. From a technical perspective, analysts stated that the BIST 100 index had resistance at 9,960 and 9,970 points, with support levels at 9,750 and 9,650. Economists participating in the AA Finance Current Account Expectations Survey estimated a $3.665 billion deficit in the current account in December. Economists predicted the current account deficit to be $9.651 billion in 2024 and $19.909 billion in 2025.