News

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01 Apr 2024

Gold entered the second quarter of the year with a record

Daily News

Gold rose to a record high at the start of the second quarter and continued to rise as the Fed nears interest rate cuts and geopolitical tensions deepened. Bullio...

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01 Apr 2024

interest rate cuts expected from ECB official

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Yannis Stournaras, a member of the European Central Bank Governing Council and the President of the Central Bank of Greece, said that there could be four interest...

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01 Apr 2024

Watanabe: BOJ rate hike likely in October at earliest

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The Bank of Japan will not be in a rush to raise interest rates again and will likely make the next move in October at the earliest, said Tsutomu Watanabe, a form...

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Türkiye made its choice locally

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Turkey went to the polls to elect local administrators who will serve for 5 years. More than 61 million voters cast their votes at approximately 207 thousand ball...

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29 Mar 2024

Stock rally marked the quarter

Daily News

Global stock markets are preparing to close their best quarter in recent years. Global stock markets are preparing to close their best quarter in recent years, pr...

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29 Mar 2024

Oil is set to finish the week on a higher note

Daily News

Oil eked out a quarterly gain as OPEC+ restrictions tightened the market. Oil rose 16% in the quarter in the latest sign that export curbs by OPEC and its allies ...

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29 Mar 2024

Former FTX CEO Bankman-Fried sentenced to 25 years in prison

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Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, has been sentenced to 25 years in prison in a criminal case charged with fraud and m...

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29 Mar 2024

Deposit interest rate reached 60 percent

Daily News

The total deposits of the banking sector increased by 79.3 billion Turkish lira in the week ending March 22 compared to the previous week, reaching approximately ...

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29 Mar 2024

US grew above expectations

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The US economy grew by 3.4 percent in the fourth quarter of 2023, above expectations. Market expectations were that the economy would grow by 3.2 percent in the f...

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28 Mar 2024

Oil continues to rise

Daily News

Oil climbed on a quarterly rally on expectations that OPEC+ supply cuts will tighten the global market. U.S. crude rose to $82 a barrel after a modest two-day dec...

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28 Mar 2024

JPMorgan issues stock market warning

Daily News

Investors crowding into top-performing stocks increases the risk of a correction, according to JPMorgan’s global equity strategist. The clustering of investors in...

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28 Mar 2024

Trace of real estate crisis in Chinese banks

Daily News

The real estate crisis in China is having a negative impact on the balance sheets of the country’s major banks. The real estate crisis in China is having a negati...

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28 Mar 2024

Yen to Strengthen Against US Dollar: Nomura

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Nomura expects the yen to strengthen against the dollar later this year. “We think the yen should get back to 140 against the dollar,” Willcox, head of trading an...

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27 Mar 2024

Yen hits lowest level since 1990

Daily News

The yen has reached its weakest level since 1990, raising expectations for intervention. The Japanese yen hit its weakest level against the dollar in nearly 34 ye...

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27 Mar 2024

Why is the shipwreck in the US important to the global economy?

Daily News

bridge collapse in the US is expected to disrupt shipments of products ranging from cars to coal for weeks or even months. Economists say the impact on the econom...

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27 Mar 2024

Oil prices continue to fall

Daily News

Oil extended its decline after an industry report showed a significant increase in U.S. inventories and broader markets looked weak ahead of the quarter. Brent fe...

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27 Mar 2024

The Fed's operating loss last year was $114.3 billion

Daily News

The US Federal Reserve (Fed) announced that its total expenses exceeded its earnings by $114.3 billion in 2023. The Fed has published its annual audited balance s...

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27 Mar 2024

Apple's iPhone sales in China drop 33 percent

Daily News

In China, one of Apple’s most important markets, iPhone shipments fell by 33 percent in February compared to the same period the previous year. Thus, sales fell f...

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26 Mar 2024

Gold nears record high

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Gold is hovering near a record high ahead of U.S. inflation data. Gold held on to Monday’s gains as investors turned cautious ahead of U.S. inflation data, which ...

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26 Mar 2024

Oil calms down after rally

Daily News

Oil settled after the biggest gain in a week as OPEC+ reaffirmed its policy of production cuts amid tensions in the Middle East and Russia. Brent traded around $8...

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26 Mar 2024

Bitcoin above $70,000 again

Daily News

Bitcoin, which has gained about $ 6,000 in value in the last day, increased by 7.15 percent to $ 70,900. The cryptocurrency Bitcoin increased by about $ 6,000 in ...

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