Şimşek to Meet Bankers at Iftar

Foreks - Minister of Treasury and Finance Mehmet Şimşek will meet with members of the Banking Association of Turkey (TBB) at the TBB Traditional Iftar Program.

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MARKET OUTLOOK - Commerzbank expects the euro to drop to 1.05 against the dollar by the end of the second quarter.

Foreks - Commerzbank analyst Michael Pfister stated that the Euro, which has recently risen due to concerns about growth in the U.S. and optimism regarding German...

The President of the New York Fed assessed the uncertain outlook of the economy.

John Williams, President and CEO of the New York Federal Reserve, recently spoke at the Macroeconomic Caribbean Conference held in Nassau, Bahamas. In his remarks...

Fabrinet Shares Surge After Amazon Deal

Fabrinet (NYSE:FN) shares rose 9% in pre-market trading despite the company's downward revision of its third-quarter adjusted earnings per share (EPS) forecast. T...

Chicago Fed President Goolsbee evaluated tariffs, market expectations, and the interest rate path.

Austan Goolsbee, President of the Chicago Federal Reserve, discussed various economic issues in an interview with CNBC. He addressed businesses' concerns about ca...

The U.S. Needs Canada's Collaboration in Steel and Aluminum Construction

U.S. Secretary of Commerce Howard Lutnick stated that the U.S. needs Canada’s permission for steel and aluminum production for national security purposes. Speakin...

Tele2 is considering selling its mobile towers in the Baltic region for 500 million euros - Bloomberg.

Investing.com — Swedish telecommunications operator Tele2 (ST:TEL2b) AB is considering selling its wireless towers in the Baltic region. According to sources clos...

Odine's EBITDA increased by 64% in the last 12 months.

Foreks - Odine has prioritized technology and innovation in 2024, increasing its net sales revenue by 56% compared to the previous year, reaching 1.2 billion TL. ...

Williams: The Fed's monetary policy is currently in the right place.

New York Fed President John Williams stated that given the uncertain outlook, the Fed's monetary policy is currently in the right place. He noted, “There is a cer...

Alternatif Bank wins an award from the Stevie Awards.

Foreks - Alternatif Bank has been awarded the bronze award in the "Marketing Solution" category at the prestigious Stevie Awards for Sales & Customer Service, bas...

Today, the Precious Metals Market recorded transactions of 826 kg of gold and 3,464 kg of silver.

Foreks is a leading financial services provider, offering a comprehensive range of solutions for traders and investors. Specializing in forex trading, stock marke...

Producer prices in the US fell short of expectations.

Foreks - Following the consumer price data released in the U.S. yesterday, analysts shifted their focus to producer prices, which came in below expectations. Acco...

Critical Statement from the SEC on Cryptocurrency Mining

The U.S. Securities and Exchange Commission (SEC) has officially declared that cryptocurrency mining does not fall under the scope of securities offerings. In a s...

In the Takasbank Money Market, a transaction volume of 39.38 billion TL was achieved.

Today, a total trading volume of 39,376,620,000 TL was recorded on the Foreks - Takasbank Money Market. In dollar terms, the volume amounted to 1,077,627,593.

T...

Trump signed an executive order to enhance federal data access for detecting waste and fraud.

Investing.com — President Donald Trump signed an executive order yesterday, directing federal agency heads to provide full and immediate access to unclassified re...

Forte/Bayrak: In our 2025 projections, we will continue our investments in the agriculture sector.

Foreks - Member of the Board of Forte, Bayrak, stated that 2024 will be a year of strong growth and strategic expansion for them, emphasizing, "We have largely ac...

This week in the Precious Metals Market, 4,172 kg of gold and 6,801 kg of silver were traded.

Foreks is a leading financial services provider that offers comprehensive solutions for trading and investment. With a focus on innovation and technology, Foreks ...

STOCK ASSESSMENT - Citi raises target price for Erdemir.

Foreks - Citi has raised its target price for Erdemir from 28 TL to 30 TL in its latest report, maintaining an "OVERWEIGHT" rating.

In its assessment, Citi stat...

Ekrem İmamoğlu is giving a statement: The investigation process is ongoing.

Istanbul Metropolitan Municipality (IMM) Mayor Ekrem İmamoğlu began giving his statement today at the Istanbul Security Directorate after being detained as part o...

Mexico's Industrial Production Declined in January

Mexico's industrial production experienced a decline in January, with output decreasing compared to both the previous month and the same period last year. Accordi...

Erdoğan: "Declare March 21 as Spring and Brotherhood Festival"

On March 21, 2025, during the Nowruz Day Commemoration Program held at the Haliç Congress Center in Istanbul, President Recep Tayyip Erdoğan called for March 21 t...