Forex News: Stock Market Closing Prediction Survey Results Are In

In a survey conducted by analysts, the median forecast for the closing difference value of the BIST100 index was -88.69 points, while the average forecast was -58...

TABLE - Central Bank of the Republic of Turkey Analytical Balance Sheet

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Erdoğan: I Still Hold Out Hope for Assad

Forex - President Erdoğan expressed hope for the restoration of relations between Syria and Turkey by stating, "I still have hope in Assad." He made these comment...

Alibaba Group Falls Short of Analysts' Sales Targets

Alibaba Group Holding missed analysts' quarterly sales forecasts due to ongoing economic uncertainty in China, which has reduced consumer spending and negatively ...

China Reduces Property Tax Rates to Support and Stimulate Housing Market

Forex - The Chinese government has implemented a reduction in a significant property tax to boost its struggling economy and revitalize the housing market. The Mi...

Fortinet's Total Revenue Increases by 13% Year-Over-Year; Service Revenue Rises by 19%

Fortinet announced its financial results for the third quarter ending September 30, 2024. According to the highlights, total revenue increased by 13% year-over-ye...

Bundesbank President Nagel: "Trump's Tariffs Could Deal a Severe Blow to the German Economy"

Bundesbank President Joachim Nagel warned that the German economy could be significantly affected by the new tariffs planned by President-elect Donald Trump. In a...

BofA's Year-End Target for S&P 500: 6,000 Points

Foreks - BofA Merrill Lynch executive Savita Subramanian stated that the year-end target for the S&P 500 is 6000 points. Subramanian said, "We set our current yea...

Europe's Fintech Giant Expands Crypto Operations to 30 Different Markets

The crypto-friendly fintech giant Revolut has launched a significant expansion in the European Economic Area (EEA) to enhance its activity in cryptocurrency tradi...

Trading Volume Reaches 34.64 Billion TL in the Market of Custody Bank

In the Forex - Takasbank Money Market, today, the transaction volume was 34,644,754,000 TL. In dollar terms, the figure was 1,010,062,916.

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XRP Rises Amid Speculation of Ripple-Trump Meeting

Ripple's native cryptocurrency, XRP, showed a positive momentum on Wednesday, diverging from other major cryptocurrencies. While Bitcoin and Ethereum exhibited do...

US/Granholm: The Cancellation of Tax Credits for Electric Vehicles Will Have Adverse Effects

US Energy Secretary Jennifer Granholm stated that canceling the US electric vehicle tax credit would have the opposite effect and give an advantage to car manufac...

Super Micro Computer Shares Decline Due to Delayed Submission of 10-Q Report

Super Micro Computer (NASDAQ:SMCI) shares declined by over 4% in pre-market trading on Wednesday following the company's announcement that it is delaying the fili...

MARKET OUTLOOK - Trump's Policies Won't Disrupt Fed's Rate Path

Forex - Durham Abric from Citadel Securities argued that the protective stance expected from the Trump administration would not disrupt the Fed's interest rate pa...

Bitcoin Dominance Rises Again: What Are the Expectations for the Altcoin Rally?

Following Trump's victory in the U.S. elections, there is significant activity in the crypto market. Bitcoin has reached an all-time high of $89,956, ushering in ...

BYD Turkey Unveils Four New Models for Its Customers

Foreks - BYD is accelerating its growth in Turkey. BYD Turkey will introduce four new models to its customers in November. The innovations presented by BYD in Tur...

Trump's Proposed Trade Tariffs: A Boon for the UK?

Forex - Trump's proposed trade tariffs could be a boon for the UK; analysts point to potential exemptions, economic upturns, and a possible resumption of trade ag...

İş Bankası Partners with Beko for First Collaboration on Sustainable Supplier Financing System

Forex - İş Bankası (IS:ISCTR) has performed its first collaboration with Beko in the Sustainable Supplier Financing System, which will be implemented for the firs...

Spirit Airlines Stocks Plummet 60% Amid Bankruptcy Protection Filing Preparations

Spirit Airlines (NYSE:SAVE) shares plummeted over 60% on Wednesday following reports that the low-cost carrier is preparing to file for bankruptcy protection. Acc...

Southern Cyprus Negotiates with Gulf Energy Firms for Natural Gas Licenses

Forex - The President of the Republic of Cyprus, Nikos Christodoulides, stated that energy companies from Gulf countries have expressed interest in exploring natu...

Futures Slide as Wall Street Opening Approaches, Eyes on Inflation Data

Forex - Stock index futures on Wall Street are exhibiting a downward trend ahead of inflation data, which is expected to provide more clarity on the pace of the F...