News

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25 Sep 2023

Interest rate message from San Francisco Fed President Daly

Daily News

The recent decline in inflation and the gradual rebalancing of the labor market are good news, but more data is needed to determine whether further policy tighten...

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25 Sep 2023

Oil continues to rise

Daily News

Oil prices rose for a second day as hedge funds argued that tightening supply would continue the recovery after last week’s pause. U.S. crude rose as much as 0.7%...

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25 Sep 2023

“Automotive is no longer an investment vehicle”

Daily News

Honda Turkey Senior Deputy General Manager Bülent Kılıçer drew attention to the fact that automotive purchases for investment purposes have ended. Kılıçer said th...

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25 Sep 2023

Fed forecast from Morgan Stanley

Daily News

Morgan Stanley Senior U.S. Economist Ellen Zentner said she does not expect the Fed to raise interest rates at its November meeting. Morgan Stanley Economist Zent...

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21 Sep 2023

Domestic markets focused on TCMB

Daily News

Following the Fed’s hawkish stance, attention in domestic markets turned to the interest rate decision of the Central Bank of the Republic of Turkey (TCMB). The C...

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21 Sep 2023

Eyes on BOE after weak inflation data

Daily News

The Bank of England (BOE) will announce its interest rate decision at 14:00 today. Investors are pricing in a 25 basis point rate hike for this year with a 100 pe...

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21 Sep 2023

Brazil cuts interest rates by 50 basis points

Daily News

Brazil’s central bank cut its benchmark Selic interest rate by another 50 basis points as expected. Brazil’s central bank cut its benchmark interest rate by 50 ba...

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21 Sep 2023

Erdogan: We aim to eliminate the factors that increase inflation

Daily News

Meeting with representatives of the business world at a dinner organized by the Turkish-American Business Council (TAİK), President Recep Tayyip Erdoğan stated th...

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21 Sep 2023

Fed keeps interest rates steady

Daily News

The US Federal Reserve (Fed) announced the interest rate decision that global markets were expecting. While the Fed kept the policy rate steady as expected, most ...

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21 Sep 2023

EU bans 'fake environmentalist' image

Daily News

The European Union (EU) is preparing to ban the labelling of a product or service as green in order to underline its environmental sensitivity without sufficient ...

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20 Sep 2023

Foreign PPI increased by 59.24 percent annually in August

Daily News

According to TurkStat data, in August 2023, it increased by 59.24 percent compared to the same month of the previous year, while manufacturing increased by 1.94 p...

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20 Sep 2023

UK inflation at 1.5-year low

Daily News

Despite expectations for an increase in annual inflation in the UK in August, it fell. Inflation in the country was recorded as 6.7 percent. While the recent incr...

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20 Sep 2023

Yellen's statement on Japanese yen intervention

Daily News

U.S. Treasury Secretary Janet Yellen said any intervention by Japan to support the yen would be understandable if it were aimed at smoothing volatility rather tha...

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20 Sep 2023

Kanda: We are in close contact with the US regarding movements in exchange rates

Daily News

Currency traders preparing for policy decisions by the Federal Reserve and the Bank of Japan this week have received fresh reminders that Japanese authorities are...

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20 Sep 2023

Japan's trade deficit narrows in August

Daily News

Japan’s trade deficit in August was 930.5 billion yen. Japan’s trade deficit fell 66.7 percent to 930.5 billion yen ($6.3 billion) in August, down from a deficit ...

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20 Sep 2023

China keeps benchmark loan interest rates unchanged

Daily News

China has kept its benchmark lending rates steady, as expected, as new signs of economic stability and a weakening yuan have reduced the need for urgent monetary ...

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20 Sep 2023

Google speeds up detection of disease-causing genes in DNA

Daily News

Google's artificial intelligence program development company DeepMind is accelerating the detection of genes that cause diseases in human DNA using artificial int...

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20 Sep 2023

"OVP is an open invitation to potential investors in Turkey"

Daily News

Minister of Trade Ömer Bolat stated that they are determined to achieve the $100 billion trade volume target between Turkey and the US and to develop economic rel...

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19 Sep 2023

US 10-year bond yield expected to rise to 2.5%

Daily News

Following a four-month sell-off in US bonds, AllianceBernstein LP believes it’s time to buy. Matthew Sheridan, one of the institution’s fund managers, predicted t...

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19 Sep 2023

French ECB member says dovish

Daily News

European Central Bank Governing Council Member Francois Villeroy de Galhau said that the bank could keep the deposit rate at 4 percent for as long as necessary in...

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19 Sep 2023

New maximum premium regulation in traffic insurance

Daily News

The maximum premium amounts of those who cannot receive an offer in compulsory traffic insurance will be determined by SEDDK. The maximum premium amounts of those...

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