News

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05 Jun 2024

Oil at 4-month low

Daily News

Oil at four-month low as U.S. inventories rise Oil held losses to four-month lows, with the declines deepening as an industry report showed U.S. crude inventories...

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05 Jun 2024

Pimco: US Treasuries Offer Cheap Hedge

Daily News

According to Pimco, markets are ignoring the risk of a US recession, making bonds a “cheap hedge.” Weak employment data in the US has also helped bonds gain value...

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05 Jun 2024

FAST service has been activated for payments requiring approval.

Daily News

The Central Bank of the Republic of Turkey (TCMB) announced that the FAST service has been launched for payments requiring approval, which can be used in differen...

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05 Jun 2024

Taxation study of stock market and crypto earnings from the Treasury

Daily News

The Ministry of Treasury and Finance is reportedly continuing a study on the taxation of financial activities, including stock market investments and those obtain...

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04 Jun 2024

Oil supply concerns

Daily News

Oil falls as OPEC+ plan raises concerns about oversupply Oil extended losses at the lowest level in almost four months after OPEC+ plan raised concerns about over...

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04 Jun 2024

Strategies ahead of the US presidential election

Daily News

Uncertainty surrounding the U.S. presidential election could jeopardize some popular investment strategies this year, according to Morgan Stanley. Uncertainty sur...

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04 Jun 2024

first in oil since February

Daily News

Brent crude fell below $80 a barrel after OPEC+ agreed to begin phasing out cuts in 2025 despite concerns about the demand outlook and strong supply from outside ...

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04 Jun 2024

Gas agreement with Azerbaijan extended to 2030

Daily News

Minister of Energy and Natural Resources Alparslan Bayraktar announced that the gas agreement with Azerbaijan has been extended to 2030. Minister of Energy and Na...

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03 Jun 2024

Fluctuating trend in oil after OPEC+

Daily News

Oil surged after OPEC+ agreed to begin phasing out cuts in 2025 despite concerns about the demand outlook and strong supply from outside the group. The Saudi Ener...

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03 Jun 2024

ECB to lead interest rate cut

Daily News

The European Central Bank (ECB) is expected to make its first rate cut after completing its tightening cycle at its meeting on Thursday this week. While the Fed h...

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03 Jun 2024

Minneapolis Fed President's interest rate message

Daily News

Minneapolis Fed President Neel Kashkari said interest rates should remain steady for “a long time.” Minneapolis Fed President Neel Kashkari said lowering borrowin...

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03 Jun 2024

Strong demand for Aramco share sale

Daily News

Saudi Arabia’s $12 billion sale of Aramco shares was completed within hours. Saudi Aramco’s $12 billion share sale found buyers shortly after the start of trading...

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31 May 2024

Oil heads for monthly decline

Daily News

Oil headed for a monthly decline ahead of the OPEC+ meeting. Oil fell for a third day as market indicators highlighted concerns about oversupply ahead of the OPEC...

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31 May 2024

Legislation on crypto assets passed the Commission

Daily News

The bill to amend the capital markets law, which includes regulations on crypto assets, was accepted by the TBMM Planning and Budget Committee. The law regulation...

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31 May 2024

Economists lower ECB rate cut expectations

Daily News

Economists have begun to scale back their expectations for how much the European Central Bank will cut interest rates. Economists have begun to scale back their e...

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31 May 2024

Trump found guilty

Daily News

Former US President and Republican candidate for the 2024 presidential election, Donald Trump, was found guilty by a jury of all 34 charges against him in the "hu...

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30 May 2024

Our Daily Notes

Daily News

05/30/2024 10:35 Profit taking increased and volatility increased in the last week of May… With the German CPI data announced yesterday above market expectations,...

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30 May 2024

Atlanta Fed President Bostic points to 2025 for normalization

Daily News

While the cost of borrowing in the US remains high, Fed members continue to avoid signaling a decrease in this cost anytime soon. Atlanta Fed President Raphael Bo...

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30 May 2024

Horizontal trend in oil

Daily News

Oil investors are eyeing the OPEC+ meeting and U.S. inventory data. Oil prices were steady after falling on Wednesday as investors looked to U.S. inventory data a...

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30 May 2024

Fed Beige Book: Outlook Just Got a Bit Worse

Daily News

The US Federal Reserve (Fed) reported that economic activity continued to expand from early April to mid-May, but the overall outlook has become slightly more pes...

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30 May 2024

US borrows at high interest rates

Daily News

The US is once again facing weak demand at bond auctions this week, pushing yields higher. On Wednesday, the US Treasury’s seven-year, $44 billion bond auction wa...

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