Geopolitical concerns over oil continue

Oil has hovered near a seven-month low as markets sell off rising tensions in the Middle East and investors are eyeing a possible retaliatory attack by Iran on Is...

Sharp decline in cryptocurrencies

Recession concerns regarding the US economy led to a major sell-off in cryptocurrencies. Bitcoin started the week with a 10 percent drop, while Ethereum fell by 2...

The rotation of the rotation has begun on Wall Street

Data released in the US last week increased concerns that the Fed may be too late to start cutting interest rates, and Wall Street indexes have fallen sharply sin...

Global hurricane also shakes Borsa Istanbul

BIST 100 index started the new week with a sharp sell-off due to the sell-off experienced in global markets. While global markets experienced record declines due ...

Discount signal from Fed announcing interest rate decision

The US Federal Reserve (Fed) announced its interest rate decision. In line with expectations, the Fed kept interest rates unchanged at a 23-year high. The bank si...

Oil rises as geopolitical risks persist

Oil continued to rise after Iran reportedly ordered attacks on Israel in retaliation for the assassination of Hamas leader Ismail Haniyeh on its soil. Brent crude...

Meta's revenue and profits increased in the second quarter

Meta, the owner of Facebook, Instagram, and WhatsApp, saw its revenue increase by 22 percent and its net profit by 73 percent in the second quarter of this year. ...

Fitch expects Fed to cut interest rates in September and December

International credit rating agency Fitch Ratings reported that it expects the US Federal Reserve (Fed) to cut interest rates twice in September and December. In a...

Bond volatility will rise with Trump, fall with Harris

In addition to the “Trump Trade,” which has been around for a while now, rates strategists at Barclays Plc have now introduced the “Harris Trade.” A research repo...

BOJ raises interest rates for second time since 2007

The Bank of Japan has raised its benchmark interest rate to 0.25 percent in an effort to halt the yen’s slide against the U.S. dollar. The Bank of Japan (BOJ) rai...

Gold rises after political tensions

Gold prices rose after Hamas leader Ismail Haniyeh was killed in an attack at his residence in Tehran.

Oil rises on news of Hamas leader killed

Oil rose as the killing of the Hamas leader raised geopolitical risks. Oil rose for the first time in four sessions after Hamas leader Ismail Haniyeh was reported...

Microsoft's revenue and profits increased in the quarter

While the revenue of US technology company Microsoft increased by 15 percent in the April-June period, its net profit increased by 10 percent. The increase in clo...

Will the rotation in US stocks continue?

Shares of about 300 companies in the S&P 500 closed higher on Monday. An index tracking the “Magnificent Seven” stocks rose 1 percent, while the Russell 2000, whi...

Two-step trade strategy against Trump scenario in Europe

According to the British Financial Times, if Republican candidate Donald Trump returns to the White House, Brussels will propose a quick deal and then threaten re...

Oil falls below $80

Oil fell to a seven-week low ahead of this week’s OPEC+ meeting on concerns about the strength of global demand. Brent crude fell below $80 a barrel for the first...

McDonald's sales fall for first time since 2020

McDonald’s Corp. sales fell for the first time since 2020 in the second quarter, falling short of analysts’ expectations for moderate growth. McDonald’s Corp. sal...

Nasdaq 100 on verge of correction, eyes on balance sheets

The rotation, which began with the data released supporting expectations for interest rate cuts in the US and sent the Nasdaq 100 index down 8% in two weeks, has ...

Harris Donation Record, Trump Winks at Cryptocurrencies

US Vice President Kamala Harris raised $200 million in donations in the week she entered the 2024 presidential race — a sum her campaign communications director d...

Oil near six-week low

Oil traded near a six-week low ahead of this week’s OPEC+ meeting as positive economic data from China helped ease demand concerns. Brent crude rose above $81 a b...

Tax package passed the TBMM General Assembly