China's central bank cuts interest rates
Daily NewsChina has boosted real estate financing by cutting key credit rates for the first time since June. The People’s Bank of China lowered its five-year benchmark inte...
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China has boosted real estate financing by cutting key credit rates for the first time since June. The People’s Bank of China lowered its five-year benchmark inte...
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Bank of America has updated its target prices for Turkish banks. BofA analyst David Taranto wrote that private banks are “poised for revaluation,” citing expectat...
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The use of the Red Sea and geopolitical risk terms in U.S. balance sheet teleconferences has increased, while concerns are that rising tensions in the Middle East...
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Goldman Sachs has revised upward its year-end target for the S&P 500 Just a few months after setting its 2024 target for the S&P 500, strategists at Goldman Sachs...
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Oil fell from a three-week high as lingering concerns about the demand outlook offset ongoing tensions in the Middle East. Brent crude fell below $83 a barrel aft...
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The stocks that will be added to and removed from the FTSE Russell Global Indices from Turkey have been announced. According to the mid-year review results publis...
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Following the US retail sales data, risk appetite is high in the markets. The market is closely following the US data as well as the statements of Fed officials. ...
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The signal that liquidity is decreasing came as the money parked by banks in the Fed’s reverse repo channel fell to its lowest level since 2021. According to Lisa...
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Atlanta Fed President Raphael Bostic said he was not ready to call for a rate cut just yet because of the ongoing risks. He said there was no rush to cut interest...
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Jeff Bezos has sold another 12 million shares of Amazon.com Inc. worth $2 billion, bringing the total amount of shares sold to more than $6 billion. Jeff Bezos ha...
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The number of people filing for first-time unemployment benefits in the U.S. fell below expectations, falling to 212,000 in the week ending February 10. The U.S. ...
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Japan unexpectedly entered recession at the end of 2023, losing its title as the world’s third-largest economy to Germany. The Japanese economy unexpectedly contr...
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The Fed’s Vice Chairman for Supervision Michael Barr said that stronger-than-expected inflation in January suggested that the path back to 2% inflation “may be bu...
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Oil prices fell for a second day after data showed U.S. crude inventories rose by the most since November, leaving indicators in a narrow range this year. Brent c...
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As demand for artificial intelligence chips continues to grow, California-based chipmaker Nvidia has surpassed Amazon and Alphabet with a market value of approxim...
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Chicago Fed President Austan Goolsbee said that the possibility of inflation remaining slightly elevated for a few more months is consistent with the expectation ...
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The decline in the US Producer Price Index (PPI) in December was revised from 0.1 percent to 0.2 percent. The US Department of Labor published its annual update o...
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Inflation in the US was 0.3 percent monthly and 3.1 percent annually in the first month of 2024, above estimates. Core inflation also recorded its fastest increas...
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U.S. Treasury Secretary Janet Yellen said on Tuesday that progress was being made in the fight against inflation U.S. Treasury Secretary Janet Yellen said on Tues...
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The European Central Bank’s chief economist Philip Lane said there were risks in cutting interest rates too early or too late. The European Central Bank’s chief e...
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Japanese authorities signaled intervention after the Japanese yen weakened against the dollar by breaking the critical level. The intervention signal from Japanes...
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