News

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11 Mar 2024 09:53

Fitch upgrades Turkey's credit rating

Daily News

International credit rating agency Fitch Ratings has upgraded Turkey’s credit rating from “B” to “B+”, while changing the outlook from “stable” to “positive”. Fit...

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11 Mar 2024 09:52

Oil trending down

Daily News

Oil fell ahead of U.S. inflation data and reports from OPEC and the IEA that could provide clues about the demand outlook this week. Brent futures fell 1.1 percen...

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11 Mar 2024 09:48

What do economists expect from the Fed in March?

Daily News

Following the latest data, economists say the risk of the Fed cutting interest rates later and by less is decreasing. Following Fed Chair Jerome Powell’s statemen...

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11 Mar 2024 09:47

Japan pulls back from the brink of recession

Daily News

Japan avoided a technical recession as revised fourth-quarter data showed the economy grew by 0.4 percent. Japan avoided a technical recession on Monday after rev...

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08 Mar 2024 09:32

Interest rate cut prediction from Europe's hawkish official

Daily News

German Central Bank President and European Central Bank Governing Council Member Joachim Nagel has predicted the possibility of a rate cut before the summer holid...

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08 Mar 2024 09:32

Fed official worries about early rate cut

Daily News

The Fed’s Mester said the bigger danger is cutting rates too quickly. Cleveland Fed President Loretta Mester worries about keeping rates high for too long rather ...

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08 Mar 2024 09:31

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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08 Mar 2024 09:30

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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08 Mar 2024 09:28

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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08 Mar 2024 09:28

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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07 Mar 2024 09:50

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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07 Mar 2024 09:49

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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07 Mar 2024 09:48

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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07 Mar 2024 09:47

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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07 Mar 2024 09:45

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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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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06 Mar 2024 17:00

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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06 Mar 2024 09:39

Oil price decline continues

Daily News

Oil prices settled after falling after a report showed U.S. inventories continued to rise, a sign that supply may be outpacing demand. Brent crude traded around $...

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06 Mar 2024 09:38

Search for balance after record gold

Daily News

Gold held steady after rising to a record high in the previous session. Gold held steady after rising to a record high in the previous session, weighed down by U....

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06 Mar 2024 09:37

Winners of 'Super Tuesday' in the US

Daily News

The winners of the Super Tuesday primaries in the US were Donald Trump for the Republicans and Joe Biden for the Democrats. In the US, the winners of Super Tuesda...

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06 Mar 2024 09:37

Enter Bitcoin ETFs, exit gold ETFs

Daily News

While both gold and bitcoin prices have reached record levels, demand for exchange-traded funds (ETFs), two investment vehicles seen as stores of value and used a...

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