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Global markets began the week in mixed territory as geopolitical risks in the Middle East and selling pressure on technology shares carried over from last week, while attention turned to the U.S. Federal Reserve's interest rate decision.

The Fed is expected to leave its policy rate unchanged. Analysts said the guidance on the next steps in monetary policy in the face of inflation pressures will matter more than the decision itself.

U.S. index futures opened the day positively, while Asian markets were mostly lower outside Hong Kong and European futures also started higher.

Asia mostly lower; Istanbul bourse falls

Asia carried Friday's New York losses into the new week, with regional exchanges trading mostly on the sell side as concerns about the artificial intelligence theme persisted. In China, continuing worries about domestic demand added to selling pressure on equities. The Bank of Japan's rate decision is due this week, with markets expecting no change in the policy rate.

Near the close, Japan's Nikkei 225 fell 0.3 percent, the Shanghai Composite lost 0.2 percent and South Korea's Kospi dropped 0.7 percent, while Hong Kong's Hang Seng rose 0.4 percent.

In Istanbul, the BIST 100 index closed Friday down 0.92 percent at 11,116.99 points after a session dominated by selling. October futures on the BIST 30 index traded flat in the evening session compared with the normal close. The dollar/TL pair ended Friday up 0.1 percent at 49.6937 and opened the interbank session today at 49.7580, 0.1 percent above the previous close.

The International Monetary Fund published its report on Turkey as part of an update to its Fiscal Transparency Evaluation, which reviews countries' public financial management practices including fiscal statistics, budget management, fiscal risk management and accountability. The report said Turkey has made significant progress in fiscal transparency over the past 10 years and ranks among the top performers of about 40 countries assessed, a group that includes the United Kingdom, Finland, Ireland, Austria and Portugal.

Analysts said the domestic data calendar is light today, while Germany's Ifo business climate index for October will be watched abroad. They put support for the BIST 100 at 11,100 and 11,000 points and resistance at 11,200 and 11,300.

Key takeaways

• The Fed is expected to hold its policy rate this week, with analysts focused on its guidance on the rate outlook.
• Brent crude fell 1.9 percent to $114.5 per barrel after reports of Qatari mediation travel to Tehran, while gold rose to $4,015 an ounce.
• U.S. stocks ended lower on tech-sector selling; index futures opened positively, and AT&T dropped 7.96 percent on SpaceX network reports.
• France's 10-year yield hit its highest level since 2002 at 5.07 percent as Moody's completed its review of the country's Aa3 rating.