The effects of global crisis on financial markets

Though the usage of globalization is old as human history, its value is increased due to the advancing in technology and communication in 21st century. Globalization has effects on history, in politics and social as well as in economics. Globalization in capital is flowing from developed countries to developing countries in the form of direct and indirect investments. Because of that, developing countries, for the sake of gaining more of this capital, having reforms on financial globalization. Developed countries on the other hand, are creating new financial instruments, for the advance of gaining more capitals to invest. That is the timeline caused the 2008 global crisis, the one that the world is faced as bad as The Great Depression. Started with the mortgage bubble?s explotion in USA, spreaded by the financial markets to the world, affected Turkey as well. Globalization is the reason of a crisis in one economy?s effects on the others. To have a better understanding of the consequences of crisis, basic and technical analysis methods must be used together. Keywords: Globalization, Crisis, Technical Analysis