News

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04 Apr 2025 04:02

Oil calms down after rally

Daily News

Oil settled after the biggest gain in a week as OPEC+ reaffirmed its policy of production cuts amid tensions in the Middle East and Russia. Brent traded around $8...

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04 Apr 2025 04:02

Gold nears record high

Daily News

Gold is hovering near a record high ahead of U.S. inflation data. Gold held on to Monday’s gains as investors turned cautious ahead of U.S. inflation data, which ...

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04 Apr 2025 04:02

US private sector employment growth announced

Daily News

The ADP private sector employment data in the US has been released. Private sector employment in the US increased by 140,000 in February. Economists surveyed by B...

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04 Apr 2025 04:02

Apple's iPhone sales in China drop 33 percent

Daily News

In China, one of Apple’s most important markets, iPhone shipments fell by 33 percent in February compared to the same period the previous year. Thus, sales fell f...

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Powell: A rate cut is appropriate at some point this year

Daily News

Fed Chairman Jerome Powell gave the message in his speech to the US House of Representatives that the Fed will not rush to cut interest rates. In his expected spe...

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04 Apr 2025 04:02

The Fed's operating loss last year was $114.3 billion

Daily News

The US Federal Reserve (Fed) announced that its total expenses exceeded its earnings by $114.3 billion in 2023. The Fed has published its annual audited balance s...

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04 Apr 2025 04:02

New record under

Daily News

Gold climbed to a record high on signs the Fed will cut interest rates this year. Gold climbed to a record high to extend a sharp rally fueled by signs the Fed wi...

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04 Apr 2025 04:02

Oil prices continue to fall

Daily News

Oil extended its decline after an industry report showed a significant increase in U.S. inventories and broader markets looked weak ahead of the quarter. Brent fe...

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04 Apr 2025 04:02

Fed/Kashkari: Fed will cut interest rates by at most 2 this year

Daily News

Minneapolis Fed President Neel Kashkari has signaled that stronger economic data since the beginning of the year could make it appropriate for the Fed to cut inte...

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04 Apr 2025 04:02

Why is the shipwreck in the US important to the global economy?

Daily News

bridge collapse in the US is expected to disrupt shipments of products ranging from cars to coal for weeks or even months. Economists say the impact on the econom...

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04 Apr 2025 04:02

Oil continues to rise

Daily News

Oil held at its highest level since November, buoyed by strong U.S. gasoline demand and signs the Federal Reserve will cut interest rates this year. Brent crude t...

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04 Apr 2025 04:02

Yen hits lowest level since 1990

Daily News

The yen has reached its weakest level since 1990, raising expectations for intervention. The Japanese yen hit its weakest level against the dollar in nearly 34 ye...

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04 Apr 2025 04:02

Fed Beige Book: Economic activity rises slightly

Daily News

The Fed's Beige Book report stated that the economy has grown moderately since the beginning of the year, while consumers' sensitivity to rising prices has increa...

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04 Apr 2025 04:02

Reserve requirement step from the Central Bank

Daily News

Within the scope of additional tightening steps supporting the tight monetary policy stance of the Central Bank of the Republic of Turkey (TCMB), a required reser...

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04 Apr 2025 04:02

US trade deficit widens in January

Daily News

The US foreign trade deficit increased by 5.1 percent on a monthly basis in January, reaching $67.4 billion. The US Department of Commerce announced foreign trade...

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04 Apr 2025 04:02

Powell's message on rate cuts

Daily News

Fed Chair Jerome Powell stated that in order to begin cutting interest rates, they want to be sure that inflation has fallen to target and said, “When we gain tha...

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04 Apr 2025 04:02

Yen to Strengthen Against US Dollar: Nomura

Daily News

Nomura expects the yen to strengthen against the dollar later this year. “We think the yen should get back to 140 against the dollar,” Willcox, head of trading an...

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04 Apr 2025 04:02

Trace of real estate crisis in Chinese banks

Daily News

The real estate crisis in China is having a negative impact on the balance sheets of the country’s major banks. The real estate crisis in China is having a negati...

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04 Apr 2025 04:02

US banking sector profits fall by 44 percent

Daily News

The banking sector's profit in the US decreased by approximately 44 percent in the fourth quarter of 2023 compared to the previous quarter, falling to $38.4 billi...

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04 Apr 2025 04:02

JPMorgan issues stock market warning

Daily News

Investors crowding into top-performing stocks increases the risk of a correction, according to JPMorgan’s global equity strategist. The clustering of investors in...

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04 Apr 2025 04:02

Oil heads for weekly gain

Daily News

Oil rose after services were briefly suspended on the Keystone pipeline, a key conduit that carries Canadian crude to the U.S. Brent crude futures rose above $83 ...

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