MARKET OUTLOOK - Euro Drops as Trump Declares Victory in U.S. Presidential Election

Forex - The Euro dropped after Trump announced his victory in the U.S. presidential election. ING pointed out that the trade tariffs proposed by Trump could place...

European Stocks Rally Amid US Election Developments

European stock markets opened higher today. This rise followed gains in U.S. stock futures after Donald Trump declared victory in the presidential election and th...

Gulf Markets Surge on Trump's Election Victory Claims

In today’s early trading, major exchanges in the Gulf posted gains following Donald Trump’s announcement of victory against Democrat Kamala Harris in the U.S. pre...

Market Outlook - Oil Prices Decline

Forex - The rise of the US dollar following predictions of Republican candidate Donald Trump's victory in the US elections led to a decline in oil prices in early...

FOREX NEWS SURVEY - September Current Account Forecast Shows a Surplus of $2.85 Billion

Forex - Forex News: The current account survey has been completed. The median estimate for September's current account was a surplus of $2.85 billion, while the ...

Bitfinex Releases Its 129th Alpha Report

Foreks - Bitfinex has published its 129th Alpha Report: Are we witnessing a calm before the storm in the markets?

According to the Bitfinex Alpha Report, Bitcoi...

Trump's Victory Seen as an Opportunity to Redefine U.S.-Russia Relations

Kirill Dmitriev, CEO of Russia's Sovereign Wealth Fund, recently expressed optimism about the potential for improved U.S.-Russia relations following Donald Trump'...

Gediz Retail Awarded LACP Vision Award for Sustainability Report

Aydem Energy’s electricity retail company Gediz Retail has been awarded the “Silver Award” at the Vision Awards organized by the League of American Communications...

Puma's Q3 Sales Increase by 5%, Fall Short of Expectations Due to Currency Issues

In today’s financial news, German sportswear giant Puma has announced its third-quarter results, reporting a 5% increase in sales on a currency-neutral basis. Des...

The Cost of Living in Istanbul Soars by 60.46% Year-on-Year in October

In October, the cost of living in Istanbul increased by 60.46% compared to the same month last year. According to research, the average living cost for a family o...

Moving Project Secures Deal for 9,600 Ton Capacity SPMT Addition to Fleet

Foreks - The company has reached an agreement to add a total of 200 axle "Self-Propelled Modular Trailers (SPMT)" with a capacity of 9,600 tons to its fleet.

In...

IKMIB/Pelister: Cosmetic Sector Exports Increased by 3.15% in the First Ten Months

Foreks - One of the world’s most important trade fairs for the cosmetics, personal care, and cleaning products sectors, "Beautyworld Middle East," was held in Dub...

Nomura: Trump's Victory Will Further Heighten Policy Divergence Between the Fed and ECB

Nomura analysts suggested that Republican Donald Trump's presidential victory would further increase the existing policy divergence between the Fed and the ECB. T...

Trump's Policies May Prompt ECB to Accelerate Interest Rate Cuts

Forex - Rabobank Research indicates that the U.S.'s potential shift towards more protectionist policies may complicate growth in Europe and could encourage the Eu...

US Pressures Italy to Drop Web Tax Amid Tariff Threats

The U.S. government has renewed its request to Italy to abolish the contentious digital services tax, focusing on American tech giants like Meta Platforms Inc (NA...

Memorandum of Understanding Signed for the Establishment of the Central Banks Council of Turkic States Organization Member Countries

A Memorandum of Understanding was signed regarding the establishment of the Council of Central (National) Banks of the Member Countries of the Organization of Tur...

Trump Wins the 2024 Presidential Elections

According to forecasts, Donald Trump has won the 2024 U.S. presidential race. The Republican candidate's victory was solidified by winning key battleground states...

German Industrial Orders Rose by 4.2% in September

In a positive development for the German economy, industrial orders recorded a significant increase in September. The Federal Statistical Office announced on Wedn...

NATO Secretary-General Praises Trump, Highlights Increase in Defense Spending

NATO Secretary General Mark Rutte congratulated Donald Trump today on his election as President of the United States. Rutte addressed a frequently raised concern ...

Italy's Service Sector Sees Growth in October

According to the latest HCOB Purchasing Managers' Index (PMI), Italy's service sector showed accelerated growth in October. The index measuring the sector's healt...

World Bank: Poland's $450 Billion Decarbonization Push Could Boost GDP by 4%

The World Bank has highlighted a significant economic opportunity for Poland. According to the bank, decarbonizing the Polish economy by 2050 could boost the coun...