Oil stuck in narrow price range ahead of US data

Oil remained in its narrowest trading range since 2021 ahead of U.S. economic data. U.S. crude rose 1% on Thursday to trade above $82 a barrel. Brent was near $87...

Japanese yen falls to 38-year low

The Japanese yen continued to weaken against the U.S. dollar. Along with the decline, the government appointed a new top foreign exchange diplomat. Japan’s yen fe...

Poor performance from Biden in first debate

As the countdown to the November 5 presidential election continues in the US, the first live-streamed debate between incumbent Democrat Joe Biden and former Repub...

Global markets all eyes on Fed's data

Global markets are now focusing on the core PCE inflation indicator, which the Fed follows, to be released in the U.S. Bloomberg Economics expects the Fed’s prefe...

Record in wind electricity production

Turkey’s electricity production from wind energy reached an all-time high of 228,604 megawatt-hours yesterday. According to Turkish Electricity Transmission Inc. ...

Will the stock market continue its performance in the first half of the year?

The first half of the stock market was marked by the story of “Turkey’s return”. Will the expectation of “Shining Turkey” and foreign inflow in the second half of...

Goldman issues stock warning

After a rally led by large-cap tech companies that sent the S&P 500 to record highs this year, it may be time to pump the brakes, according to Goldman Sachs. “Thi...

Oil started the week on a balance

Oil was flat as investors weighed China’s economic outlook and geopolitical risks in Europe and the Middle East. Brent crude traded around $85 a barrel after risi...

Positive start to the week in global markets

Global markets are following interest in risky assets outside of China. Official manufacturing PMI data in China has raised questions about the growth target. Whi...

Law on crypto assets in the Official Gazette

The Law on Amendments to the Capital Markets Law, which includes regulations on crypto assets, was published in the Official Gazette. The Law on Amendments to the...

Oil at 2-month high

Oil traded near a two-month high amid rising tensions in the Middle East and concerns about a rapid start to hurricane season in the Atlantic region. Brent crude ...

Lagarde: No rush to cut interest rates

The European Central Bank is in no rush to cut interest rates, ECB President Christine Lagarde said. The European Central Bank needs more time to conclude that in...

Changes in two ministries

The Minister of Health also changed in the cabinet where the Minister of Environment, Urbanization and Climate Change Mehmet Özhaseki resigned. The appointment de...

Vanguard warns of 170 yen

Vanguard has warned that the dollar/yen could move toward 170. Vanguard, which manages about $1.7 trillion, warned that the dollar/yen could move toward 170 if th...

Bond markets prepare for Trump scenario

After US President Joe Biden’s disastrous television debate performance, Wall Street banks have begun to weigh the impact of a potential Donald Trump victory on t...

Kamala Harris narrowly ahead of Trump

The latest US election poll showed Kamala Harris leading Trump by two points. Following US President Joe Biden’s withdrawal from the race, a new Reuters/Ipsos pol...

Alphabet boosts revenue in Q2 with AI

Google parent Alphabet reported second-quarter revenue of $85 billion, up 14 percent from the same period last year. Google CEO Sundar Pichai said the company’s p...

Tesla's profits fell by 45 percent in the second quarter

US electric car manufacturer Tesla's net profit fell by 45 percent in the second quarter of this year compared to the same period last year. According to Tesla's ...

Oil rises after losses

Oil pared losses and rose after an industry report showed U.S. crude inventories fell for a fourth week. Brent rose above $81 a barrel after losing nearly 5% in t...

Revision to provision that drew reaction from banks in Europe

The European Central Bank (ECB) is preparing to ask banks to set aside less provision for leveraged loans than initially planned. European Central Bank (ECB) offi...

Expectations for a BOJ rate hike increase Only 30 percent of economists following the Bank of Japan (BOJ) think that officials will raise interest rates at next w...