News

image
13 Feb 2024

Atlanta Fed President sends rate cut message

Daily News

The Atlanta Fed president said the rate cuts probably won’t happen until the summer. Atlanta Fed President Raphael Bostic, who will vote on policy decisions by th...

Read More
image
13 Feb 2024

Oil trades sideways ahead of OPEC market outlook

Daily News

Oil is trading sideways ahead of OPEC’s market outlook and as investors watch developments in the Israel-Hamas war. Brent crude traded above $82 a barrel after cl...

Read More
image
13 Feb 2024

Bitcoin exceeded $50,000

Daily News

The price of the cryptocurrency Bitcoin is trading above $ 50,000 for the first time since December 2021 amid continued interest in spot Bitcoin exchange-traded f...

Read More
image
13 Feb 2024

US budget deficit hits $22 billion in January

Daily News

The US federal government's budget deficit decreased by 43 percent in January compared to the same month the previous year, falling to $22 billion. The US Treasur...

Read More
image
12 Feb 2024

Economists say Fed is 'too' tight

Daily News

survey of economists in the US showed that the Fed’s monetary stance is perceived as too tight. Economists have come to believe that the Fed is keeping financial ...

Read More
image
12 Feb 2024

Unemployment fell in December

Daily News

According to TurkStat data, unemployment decreased to 8.8 percent in December 2023. The unemployment rate among the young population also decreased to 15.5 percen...

Read More
image
12 Feb 2024

Statement from Minister Şimşek regarding rent increases

Daily News

Treasury and Finance Minister Mehmet Şimşek announced that the housing supply will be increased to prevent price increases in rents, new social housing projects w...

Read More
image
12 Feb 2024

Market converges with Fed projections

Daily News

Despite the Fed’s interest rate messages in recent years, bond traders who have been pricing in different expectations are finally converging on the Fed’s project...

Read More
image
12 Feb 2024

Number of stock market investors dropped to 7.2 million

Daily News

According to the Central Registry Agency (MKK) data, the number of investors on the stock exchange as of February 9 was recorded as 7 million 200 thousand 436. Th...

Read More
image
12 Feb 2024

Oil starts the new week with decline

Daily News

Oil fell after rising last week after Iran’s foreign minister signaled that the Israel-Hamas conflict was nearing a diplomatic solution. Trading was quiet as many...

Read More
image
12 Feb 2024

Bitcoin ETF trend continues

Daily News

Bitcoin is on track for its longest rally in a year as new spot ETFs begin trading. Bitcoin is preparing for a repeat of the premium streak seen a year ago, suppo...

Read More
image
09 Feb 2024

US bond auctions continue to attract strong interest

Daily News

There was also strong demand for the 30-year bond auction in the US. Following successful sales of 3- and 10-year bonds this week, the US Treasury issued $25 bill...

Read More
image
09 Feb 2024

Oil is set to finish the week on a higher note

Daily News

Oil prices headed for a weekly gain after Prime Minister Benjamin Netanyahu’s rejection of a possible ceasefire in the Israel-Hamas war raised risks in the Middle...

Read More
image
09 Feb 2024

Yellen warns of “stress and loss” in banking sector

Daily News

U.S. Treasury Secretary Janet Yellen said she expects “stress and losses” in the banking sector due to the weakness in the commercial real estate market, but that...

Read More
image
09 Feb 2024

Increase in deposit interest rates

Daily News

While the total deposits of the banking sector decreased by 207 billion Turkish lira compared to the previous week, the 1-3 month average deposit interest climbed...

Read More
image
08 Feb 2024

Fed officials' interest rate cut messages

Daily News

Boston Fed President Susan Collins has given the message that if the economy progresses in line with forecasts, interest rate cuts could begin by the end of the y...

Read More
image
08 Feb 2024

Oil on the rise

Daily News

Oil prices rose slightly after a three-day rally, supported by gains in broader financial markets and ongoing risks in the Middle East. Brent crude traded above $...

Read More
image
08 Feb 2024

Strong demand for record tender in the US

Daily News

The U.S. Treasury’s record-breaking 10-year bond auction was met with strong demand. While there was strong demand for the record-breaking 10-year bond auction he...

Read More
image
07 Feb 2024

Remarkable move from critical prehistoric miners in Bitcoin

Daily News

Bitcoin miners are trying to avoid a drop in their income due to the April halving, which will halve the amount of Bitcoin given as a ‘reward’ for verifying block...

Read More
image
07 Feb 2024

Yellen concerned about commercial real estate sector

Daily News

U.S. Treasury Secretary Janet Yellen said she has concerns about the commercial real estate sector due to high interest rates and changing working models after th...

Read More
image
07 Feb 2024

US will not impose additional duties on tinned Turkish steel

Daily News

The U.S. Trade Commission rejected a request to impose additional customs duties on tinned steel imported from Turkey The U.S. government’s international trade re...

Read More