Fitch expects Fed to cut interest rates in September and December

International credit rating agency Fitch Ratings reported that it expects the US Federal Reserve (Fed) to cut interest rates twice in September and December. In a...

Bond volatility will rise with Trump, fall with Harris

In addition to the “Trump Trade,” which has been around for a while now, rates strategists at Barclays Plc have now introduced the “Harris Trade.” A research repo...

BOJ raises interest rates for second time since 2007

The Bank of Japan has raised its benchmark interest rate to 0.25 percent in an effort to halt the yen’s slide against the U.S. dollar. The Bank of Japan (BOJ) rai...

Gold rises after political tensions

Gold prices rose after Hamas leader Ismail Haniyeh was killed in an attack at his residence in Tehran.

Oil rises on news of Hamas leader killed

Oil rose as the killing of the Hamas leader raised geopolitical risks. Oil rose for the first time in four sessions after Hamas leader Ismail Haniyeh was reported...

Microsoft's revenue and profits increased in the quarter

While the revenue of US technology company Microsoft increased by 15 percent in the April-June period, its net profit increased by 10 percent. The increase in clo...

Will the rotation in US stocks continue?

Shares of about 300 companies in the S&P 500 closed higher on Monday. An index tracking the “Magnificent Seven” stocks rose 1 percent, while the Russell 2000, whi...

Two-step trade strategy against Trump scenario in Europe

According to the British Financial Times, if Republican candidate Donald Trump returns to the White House, Brussels will propose a quick deal and then threaten re...

Oil falls below $80

Oil fell to a seven-week low ahead of this week’s OPEC+ meeting on concerns about the strength of global demand. Brent crude fell below $80 a barrel for the first...

McDonald's sales fall for first time since 2020

McDonald’s Corp. sales fell for the first time since 2020 in the second quarter, falling short of analysts’ expectations for moderate growth. McDonald’s Corp. sal...

Nasdaq 100 on verge of correction, eyes on balance sheets

The rotation, which began with the data released supporting expectations for interest rate cuts in the US and sent the Nasdaq 100 index down 8% in two weeks, has ...

Harris Donation Record, Trump Winks at Cryptocurrencies

US Vice President Kamala Harris raised $200 million in donations in the week she entered the 2024 presidential race — a sum her campaign communications director d...

Oil near six-week low

Oil traded near a six-week low ahead of this week’s OPEC+ meeting as positive economic data from China helped ease demand concerns. Brent crude rose above $81 a b...

Tax package passed the TBMM General Assembly

Trump: I will make the US the crypto center of the world

US Republican presidential candidate Donald Trump has said he will fire the head of the US Securities and Exchange Commission, Gary Gensler, who is known for his ...

Latest US election polls

The latest polls for the US presidential election show that Democratic candidate Kamala Harris has closed the gap with Donald Trump. Public opinion polls show tha...

Yellen strongly denies Roubini's manipulation accusation

U.S. Treasury Secretary Janet Yellen has hit back at economist Nouriel Roubini’s accusations of manipulation regarding U.S. bond issuances. U.S. Treasury Secretar...

Market debate on Fed's first interest rate cut grows

The debate over the timing of the Fed’s rate cut in the US is intensifying day by day. Investors interpreted the strong growth data released in the US on Thursday...

Harris narrows gap to 1 point over Trump

Vice President Kamala Harris has narrowed her lead over Donald Trump to 1 percentage point, according to a poll conducted after President Joe Biden withdrew his c...

Oil price remained in a narrow band

Oil rose slightly for a third session as investors weighed down lower U.S. inventories and weaker Chinese demand. Brent was little changed for the week, rising ab...

Yellen's statement on 'stable growth'

US Treasury Secretary Janet Yellen stated that data showing that the country’s economy grew by 2.8 percent in the second quarter of the year confirms that the US ...