News

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01 Jul 2024

Positive start to the week in global markets

Daily News

Global markets are following interest in risky assets outside of China. Official manufacturing PMI data in China has raised questions about the growth target. Whi...

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01 Jul 2024

Oil started the week on a balance

Daily News

Oil was flat as investors weighed China’s economic outlook and geopolitical risks in Europe and the Middle East. Brent crude traded around $85 a barrel after risi...

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01 Jul 2024

Goldman issues stock warning

Daily News

After a rally led by large-cap tech companies that sent the S&P 500 to record highs this year, it may be time to pump the brakes, according to Goldman Sachs. “Thi...

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01 Jul 2024

Will the stock market continue its performance in the first half of the year?

Daily News

The first half of the stock market was marked by the story of “Turkey’s return”. Will the expectation of “Shining Turkey” and foreign inflow in the second half of...

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01 Jul 2024

Record in wind electricity production

Daily News

Turkey’s electricity production from wind energy reached an all-time high of 228,604 megawatt-hours yesterday. According to Turkish Electricity Transmission Inc. ...

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Global markets all eyes on Fed's data

Daily News

Global markets are now focusing on the core PCE inflation indicator, which the Fed follows, to be released in the U.S. Bloomberg Economics expects the Fed’s prefe...

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28 Jun 2024

Poor performance from Biden in first debate

Daily News

As the countdown to the November 5 presidential election continues in the US, the first live-streamed debate between incumbent Democrat Joe Biden and former Repub...

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28 Jun 2024

Japanese yen falls to 38-year low

Daily News

The Japanese yen continued to weaken against the U.S. dollar. Along with the decline, the government appointed a new top foreign exchange diplomat. Japan’s yen fe...

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28 Jun 2024

Oil stuck in narrow price range ahead of US data

Daily News

Oil remained in its narrowest trading range since 2021 ahead of U.S. economic data. U.S. crude rose 1% on Thursday to trade above $82 a barrel. Brent was near $87...

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28 Jun 2024

Fed/Bowman: We are not at a point to consider rate cuts

Daily News

Fed Board Member Michelle Bowman said that inflationary pressures are still high and that she still does not support a rate cut at this point. Fed Board Member Bo...

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28 Jun 2024

IMF: Fed should keep interest rates at current level 'at least until end of 2024'

Daily News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that the US Federal Reserve (Fed) should keep policy interest rates at their current...

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27 Jun 2024

Oil falls ahead of key US economic data Oil falls ahead of key US economic data

Daily News

Oil fell ahead of key U.S. economic data. Brent crude has fallen below $85 a barrel and has been hovering in a narrow range of $1.76 so far this week, the smalles...

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27 Jun 2024

No move expected from TCMB

Daily News

The Central Bank of the Republic of Turkey (TCMB) will announce its interest rate decision at 14:00. Market participants believe that the TCMB will also skip the ...

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27 Jun 2024

Minister Suzuki signals intervention

Daily News

Japan’s Finance Minister reiterated his warnings after the yen fell to its lowest level since 1986. Japanese Finance Minister Shunichi Suzuki said after the yen f...

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27 Jun 2024

Pressure continues on yen

Daily News

The Japanese yen fell to its lowest level against the dollar yesterday, at one point since 1986. The Japanese yen fell to its lowest level against the dollar yest...

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27 Jun 2024

Major US banks pass Fed's stress test

Daily News

The U.S. Federal Reserve (Fed) reported that banks it stress-tested are in good position to weather a severe recession. The Fed has announced the results of its a...

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27 Jun 2024

Crypto asset regulation becomes law

Daily News

The Bill of Law on Amendments to the Capital Markets Law, which includes regulations regarding crypto assets, was accepted by the TBMM General Assembly and became...

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27 Jun 2024

TV8 is going into debt with bond issue

Daily News

TV8 TV Broadcasting will collect demand for a 98-day term bond with a nominal amount of 125 million TL between June 26-27. The simple interest rate for the compan...

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26 Jun 2024

Critical data awaited for intervention in yen

Daily News

There are comments that Japan should not intervene in the depreciating yen before the critical core PCE data to be released in the US on Friday. The core PCE data...

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26 Jun 2024

ECB/Rehn: It is reasonable to expect two more rate cuts this year

Daily News

European Central Bank (ECB) member Rehn sees two more rate cuts in 2024 as reasonable. Olli Rehn, a member of the Governing Council of the European Central Bank a...

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26 Jun 2024

Horizontal trend in oil

Daily News

Oil prices were flat after falling on Tuesday as industry reports showed a small increase in U.S. crude inventories ahead of official data. Brent traded above $85...

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