Real Sector Confidence Rises in Turkey as US-Iran Tensions Dominate Global Markets

The seasonally adjusted Capacity Utilization Rate (CUR) decreased by 0.4 points compared to the previous period, reaching 74.0 percent.
Global PMI Data and the US Economic Slowdown Global Purchasing Managers' Index (PMI) data provided mixed signals regarding economic health.
While data from Germany and the UK exceeded expectations, the German manufacturing sector notably rose above the 50-point threshold for the first time in a long period.
In contrast, preliminary PMI figures in the United States fell below estimates.
The preliminary GDP growth data for the fourth quarter of 2025 was announced at 1.4 percent, significantly trailing the expected 3.0 percent.
The federal government shutdown, which lasted approximately 1.5 months, is cited as a decisive factor in this slowdown.
During the same period, the Personal Consumption Expenditures (PCE) index, closely monitored by the Fed, recorded an increase.
Geopolitical Risks and Commodity Markets Diplomatic and military tensions between the US and Iran are increasing pressure on global markets.
US President Donald Trump's firm stance toward Iran and new customs tariff decrees have reignited concerns over trade wars.
While Iran has left the door open for potential negotiations in Geneva, regional uncertainties persist.
Rising geopolitical risks and economic uncertainties have directed investors toward safe-haven assets.
Following these developments, silver prices gained 3.4 percent, rising to $87.53.