News

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13 Dec 2023

Yellen: Inflation falling 'meaningfully'

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US Treasury Secretary Janet Yellen said that inflation in the country has fallen ‘meaningfully’ and that she sees no reason why the US Federal Reserve (Fed) shoul...

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12 Dec 2023

US November inflation data released

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Investing.com - Consumer price index data was released in the US. US CPI data increased by 0.1% in November compared to the previous month. The annual increase wa...

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12 Dec 2023

Global markets await US inflation

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Global markets are focused on inflation data to be released in the US. According to Bloomberg Economics, the flat monthly consumer inflation in the US and the dec...

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12 Dec 2023

Oil near lowest level since June

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Oil prices are trading sideways at just above five-month lows as concerns about oversupply come to the fore after OPEC+ pledges to extend and deepen output cuts f...

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12 Dec 2023

Asian stocks rise ahead of Fed

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Japanese stocks led Asian markets higher ahead of the Federal Reserve’s final meeting of 2023. Asia-Pacific stocks rose on Tuesday, with Japanese stocks leading g...

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12 Dec 2023

US consumer inflation expectations at 2-year low

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American consumers’ short-term inflation expectations fell to 3.4 percent in November, the lowest level since April 2021. The U.S. Federal Reserve (Fed) New York ...

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11 Dec 2023

We meet at 'Asgari'

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Meetings for the 2024 minimum wage will begin on December 11. Over the last 50 years, the ratio of the minimum wage to the national income per capita has fluctuat...

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11 Dec 2023

Inflation impact on US consumer confidence

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Consumer confidence in the US increased above expectations due to the decline in inflation expectations. The University of Michigan announced the Consumer Confide...

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11 Dec 2023

Fitch expects global economy to slow next year

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International credit rating agency Fitch Ratings reported that the global economy is expected to grow by 2.1 percent next year. The agency's report predicted that...

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11 Dec 2023

Dusek: The global economy is moving into a new economic area

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World Economic Forum (WEF) Director General Mirek Dusek stated that the global economy has “seriously” entered a new economic area, and noted that connections hav...

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11 Dec 2023

Microsoft and OpenAI partnership under consideration in the UK

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The UK Competition and Markets Authority (CMA) has announced that an assessment process has been launched to examine whether Microsoft’s partnership with OpenAI i...

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08 Dec 2023

Global markets focus on US employment data

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Although US nonfarm payrolls are set to increase after the agreement on the automotive strike, a comprehensive slowdown in employment is expected in the details o...

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08 Dec 2023

Cash and bond proposal from US star strategist

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One of the star names of the US markets, JPMorgan Strategist Marko Kolanovic, advised his investors to build cash and bond positions instead of stocks. JPMorgan’s...

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08 Dec 2023

Yen rally continues

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The Japanese yen continues to rise due to expectations of an interest rate hike. The rally in the Japanese yen is continuing for a second day on expectations that...

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08 Dec 2023

Citi predicts recession

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Citi says investors should expect a recession in 2024Some banks are expecting a “golden lock” scenario in 2024, but Citi said it’s not that optimistic. The Wall S...

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08 Dec 2023

Seeking balance in oil

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Oil is on course for its worst decline since 2018 following the OPEC+ meeting. Oil rose on Friday but continued on course for its longest weekly losing streak sin...

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08 Dec 2023

TCMB reserves rise to record level

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The Central Bank of the Republic of Turkey (TCMB) reserves rose to a record level of $140.1 billion. The momentum of increase in the Central Bank of the Republic ...

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07 Dec 2023

Expectations for a rate cut from the ECB are rising

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The European Central Bank’s (ECB) interest rate path estimates and accompanying messages have begun to come to the fore. Investors, who predicted last week that i...

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07 Dec 2023

Oil at five-month low

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Oil held on to the bulk of a five-day losing streak that has dragged prices to their lowest level since June, driven by signs that global supply is outpacing dema...

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07 Dec 2023

US bank CEOs warn against new regulation

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The CEOs of major US banks have warned that new regulations could harm the economy. The chief executives (CEOs) of major US banks have warned that a new regulator...

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07 Dec 2023

Sharp decline in commodities

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Bloomberg Commodity Spot Index hits new lows on supply-driven price declines in oil and natural gas. Supply-driven price declines in oil and natural gas led to ne...

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