News

IEA cuts 2025 oil demand outlook

Daily News

The International Energy Agency has cut its global oil demand forecast for 2025, citing the impact of a weakening Chinese economy on consumption. The Internationa...

Read More
image
14 Aug 2024 09:24

Markets have increased recession pricing

Daily News

The Reserve Bank of New Zealand (RBNZ) has entered an easing cycle and slashed interest rates. The Reserve Bank of New Zealand (RBNZ) has entered an easing cycle ...

Read More

New Zealand cuts interest rates

Daily News

The Reserve Bank of New Zealand (RBNZ) has entered an easing cycle and slashed interest rates. The Reserve Bank of New Zealand (RBNZ) has entered an easing cycle ...

Read More
image
13 Aug 2024 09:37

Recovery continues in global markets

Daily News

Global markets are continuing to recover from last week's panic selling. Asian stock markets rose today, led by Japan. European and US futures indexes are rising ...

Read More
image
13 Aug 2024 09:32

US election and rating commentary from Fitch

Daily News

Fitch stated that this year’s presidential election is not expected to directly affect the credit ratings of companies in the country, and added, “Rating actions ...

Read More
image
13 Aug 2024 09:29

US budget deficit hits $244 billion

Daily News

The federal government budget deficit in the United States increased by 10 percent in July compared to the same month of the previous year, reaching $244 billion....

Read More
image
13 Aug 2024 09:28

Oil retreats after five days of gains

Daily News

Brent crude traded around $82 a barrel after rising almost 8% in the previous five sessions, while U.S. crude oil fell back below $80. The U.S. believes the possi...

Read More

Asian stock markets rise, led by Japan

Daily News

Asia-Pacific stocks led the gains, with the Nikkei up more than 2 percent. Japan’s major indexes gained more than 2 percent on Tuesday as markets resumed trading ...

Read More
image
13 Aug 2024 09:09

Data optimism under

Daily News

Gold closed up nearly 1.9 percent on Thursday after U.S. data eased concerns that the world's largest economy was in for a hard landing. Thursday's gains brought ...

Read More
image
13 Aug 2024 09:09

Data optimism under

Daily News

Gold closed up nearly 1.9 percent on Thursday after U.S. data eased concerns that the world's largest economy was in for a hard landing. Thursday's gains brought ...

Read More
image
13 Aug 2024 09:07

Rise in producer prices accelerates in Japan

Daily News

Japan’s producer-price inflation accelerated for six months in a row, rising in July. The corporate commodity price index (CGPI), which measures the price Japanes...

Read More
image
13 Aug 2024 09:05

Goldman: Buying opportunity in US stocks at end of month

Daily News

Investors will have a brief window to buy the dip in U.S. stocks later this month as systematic funds ease selling pressure and companies ramp up stock buybacks, ...

Read More
image
12 Aug 2024 09:14

Markets brace for inflation volatility

Daily News

Traders are positioning themselves for the S&P 500 to move 1.2 percent either way after Wednesday’s inflation data, according to Citigroup. That pricing parallels...

Read More
image
12 Aug 2024 09:13

The exit stamp duty has become 500 lira

Daily News

The law to increase the 150 lira international exit stamp fee collected from Turkish citizens on international flights to 500 lira was published in the Official G...

Read More
image
09 Aug 2024 15:33

SASA's 700% Free Capital Increase Decision Approved

Daily News

Sasa Polyester's (SASA) decision to increase the company's capital from TL 5.41 billion to TL 43.28 billion by 700% free of charge has been approved by the CMB. W...

Read More
image
09 Aug 2024 12:09

European stock markets on positive trend

Daily News

European stock markets started the last trading day of the week with a buying-heavy trend, while the MIB 30 index in Italy diverged negatively. European stock mar...

Read More
image
09 Aug 2024 09:22

Kansas City Fed President makes inflation statement

Daily News

Kansas City Fed President Jeff Schmid said he was more confident that inflation would continue toward his 2% target. One of the Fed’s most hawkish policymakers, K...

Read More
image
09 Aug 2024 09:20

Tekfen wins tender in Saudi Arabia

Daily News

Tekfen Construction has won a tender in Saudi Arabia worth approximately $235 million. Tekfen Construction, a subsidiary of Tekfen Holding, has won a tender in Sa...

Read More
image
08 Aug 2024 15:00

Fastest exit in 6 months at KKM

Daily News

Currency-protected deposits experienced the fastest increase in 6 months with 67.7 billion TL in the week when the withholding tax came. While the economy adminis...

Read More
image
08 Aug 2024 09:30

US recession risk rising

Daily News

US recession probabilities revised upwards. While Wall Street banks are taking the blame for the market earthquake, they are also revising US recession probabilit...

Read More
image
08 Aug 2024 09:29

JPMorgan CEO warns of recession

Daily News

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he still sees a recession on the horizon. JPMorgan Chase CEO Jamie Dimon said Wednesday that he stil...

Read More