News

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04 Apr 2025 04:01

Morgan Stanley issues correction warning

Daily News

The uncertainty created by the US election campaign is also reshaping strategists’ stock market forecasts. Morgan Stanley Chief US Equity Strategist Mike Wilson s...

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04 Apr 2025 04:01

End of an era in the Eurozone

Daily News

In line with expectations, the European Central Bank (ECB) cut interest rates by 25 basis points, lowering the deposit rate to 3.75 percent. The decision text inc...

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04 Apr 2025 04:01

Moody's may downgrade 6 regional banks in the US

Daily News

Moody's said at least six U.S. regional banks are at risk of having their debt ratings downgraded. Moody's said at least six U.S. regional banks with significant ...

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04 Apr 2025 04:01

JPM, Citi maintain July rate cut expectations

Daily News

Ahead of the critical US nonfarm payrolls data to be released today at 15:30 GMT, two major Wall Street banks, JPMorgan and Citigroup, maintain their expectations...

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04 Apr 2025 04:01

Yellen warns of AI risks in finance

Daily News

US Treasury Secretary Janet Yellen reported that while artificial intelligence offers significant opportunities, such as making financial services less costly and...

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04 Apr 2025 04:01

DXY

Daily News

Before the critical US data, the Classic Dollar Index is questioning the uptrend. As of now, it is within the 34 and 100-day exponential moving averages (104.57 -...

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04 Apr 2025 04:01

Russia's oil exports suffer steepest decline since war

Daily News

Russia’s seaborne crude exports totaled 18.7 million barrels in the week ending July 7, compared with 25.66 million barrels the week before. Russia’s weekly crude...

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04 Apr 2025 04:01

Morgan's ambitious risk premium target for Türkiye

Daily News

Morgan Stanley reiterated its risk premium recommendation in its assessment of Turkey's Eurobond issuance. The institution gave a sell recommendation with an entr...

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04 Apr 2025 04:01

Powell: Inflation is not the only risk

Daily News

Fed Chair Jerome Powell said inflation is not the only risk they face in his mid-year presentation to the US Senate Banking Committee. The text of Fed Chair Jerom...

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04 Apr 2025 04:01

Biden's health condition discussed in closed meeting

Daily News

Members of the Democratic Party serving in the US House of Representatives came together in a caucus meeting to discuss whether President Joe Biden should withdra...

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04 Apr 2025 04:01

Horizontal trend in oil

Daily News

Oil prices are trading sideways on signs of a new U.S. inventory drawdown, as well as concerns about Chinese demand and ongoing uncertainty about the Fed’s timeli...

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04 Apr 2025 04:01

Global markets hit new records after Powell

Daily News

Fed Chair Jerome Powell drew attention to the cooling in the labor market in his Senate speech. US stock markets reached new records after Powell. US stocks reach...

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04 Apr 2025 04:01

President Erdoğan: Foreign exchange requirement for exporters reduced to 30 percent

Daily News

President Recep Tayyip Erdoğan stated that they reduced the foreign exchange exchange obligation for exporters from 40 percent to 30 percent and said, "This regul...

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04 Apr 2025 04:01

Additional tax on Chinese automotive imports

Daily News

With the regulation published in the Official Gazette, an additional tax was imposed on all fuel-type passenger vehicles imported from China. Turkey has decided t...

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04 Apr 2025 04:01

Calm course ahead of critical data for oil

Daily News

Oil prices settled after a weekly decline as investors eagerly awaited a series of industry reports and the Fed’s decision on interest rates, while the market was...

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04 Apr 2025 04:01

Macron calls for early elections after far-right victory in EP elections

Daily News

French President Emmanuel Macron has decided to dissolve parliament and call early general elections after the far-right came in first place by a wide margin in t...

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04 Apr 2025 04:01

Pessimistic forecasts for the euro after the far-right victory

Daily News

The European Parliament elections caused a great stir worldwide with the rise of the far-right. French President Emmanuel Macron decided to hold early elections a...

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04 Apr 2025 04:01

Powell: I'm not ready to say inflation is low enough

Daily News

US Federal Reserve (Fed) Chairman Jerome Powell stated that he has “some confidence” that inflation is trending down but is “not yet ready” to say that he is conf...

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04 Apr 2025 04:01

Oil trending upwards

Daily News

Oil prices rose for a second day as signs of rising demand and a renewed appetite for risk in markets underpinned confidence. Brent crude, the global benchmark, r...

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04 Apr 2025 04:01

Fed's Cook: US data consistent with soft landing

Daily News

Fed Governor Lisa Cook said U.S. inflation should continue to fall without a significant rise in the unemployment rate. U.S. inflation should continue to fall wit...

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04 Apr 2025 04:01

China restricts short selling

Daily News

China has announced one of its toughest measures to date to combat the decline in its stock indexes. China’s capital markets regulator has approved a short-sellin...

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