Step from TCMB to support Turkish lira deposits

The TCMB has taken steps to support the transition from Currency Protected Deposits to Turkish Lira deposits. Following the meeting of the TCMB management and ban...

Regulation from the US that scares the market

The Biden administration is reportedly considering the most severe possible trade restrictions if companies such as Tokyo Electron Ltd. and ASML Holding NV contin...

Trump's Vice Presidential Candidate Warns Wall Street

Senator James David (JD) Vance, who has agreed to run as the Republican Party’s vice presidential candidate for the US presidential election, said he will “not se...

Oil continues to rise

Oil rose as U.S. crude inventories fell for a third straight week. Brent crude traded above $85 a barrel after rising 1.6 percent on Wednesday, while U.S. crude w...

Fed Beige Book report: Economic activity falls in some regions

According to the Fed's Beige Book report, many regions reported that economic activity was falling or flat as we entered the third quarter. The Fed published the ...

Fed close to cutting rates, members want more evidence

US Federal Reserve (Fed) Board Member Christopher Waller said the time for the bank to cut interest rates is “approaching.” Speaking at an event organized by the ...

ECB may wait until September for next rate cut

The European Central Bank is not expected to draw a concrete roadmap at its meeting today. The European Central Bank (ECB) will announce its interest rate decisio...

Interest rate signal from Fed official

Chicago Fed President Austan Goolsbee said the Fed needs to cut interest rates soon to avoid a major deterioration in the labor market, which has been cooling in ...

Public sector savings package passed through Parliament

The bill on savings measures in the public sector was accepted by the TBMM General Assembly. The bill will enter into force on January 1 The Bill on Amendments to...

Netflix Adds Over 8 Million New Subscribers in Q2

Global internet television network Netflix’s subscriber count increased by over 8 million in the second quarter of this year Netflix has announced its second-quar...

Interest rate message from San Francisco Fed President Daly

San Francisco Fed President Mary Daly said she is looking for greater confidence that inflation is returning to the Fed’s 2% target. San Francisco Fed President M...

Biden's cabinet discusses possible withdrawal

In the US, some cabinet members discussed whether they should talk to US President Joe Biden about his diminishing chances of winning the election. According to i...

China braces for slower growth

President Xi Jinping has given no indication that steps will be taken to revive the slowing economy. Speaking at the Third Plenum, held every five years in China,...

What are Trump's inflation, tax and refugee promises?

Trump promised to immediately end the “devastating inflation crisis” and lower interest rates in his speech. Former US President Donald Trump has officially accep...

Biden has withdrawn his candidacy US President Joe Biden announced that he is withdrawing his candidacy for the elections to be held on November 5th. After withdr...

What are Harris' chances?: Effective in swing states, but...

After incumbent US President Joe Biden withdrew from the race and pointed to his running mate Kamala Harris for the nomination, attention turned to how likely Har...

Who will be the winners and losers if Trump is elected?

Who will be the winners and losers if Trump is elected? Global markets are trying to understand whether Trump's chances of being elected have increased or decreas...

Bitcoin fluctuates after Biden's decision

Bitcoin has been on a volatile course after US President Joe Biden announced that he is withdrawing his candidacy for the elections to be held on November 5. US P...

Biden effect on oil

Oil rises as Biden withdraws bid, wildfires threaten output in Canada Oil prices rose after falling almost 3% on Friday as investors weighed the impact of U.S. Pr...

Gold rises on US election uncertainty

Gold rose as markets were left wondering whether it would help or hinder Donald Trump’s chances of returning to the White House. Bullion rose as much as 0.5% in e...

Surprise rate cut from China

The People's Bank of China has cut its benchmark interest rate. The People's Bank of China (PBOC) has cut its key short-term policy rate for the first time in alm...