Oil holds onto gains on demand concerns
Daily NewsOil prices continued to rise as signs of tightening in the crude market overcame concerns about weak demand and kept prices in a narrow range. Brent crude was tra...
Read MoreOil prices continued to rise as signs of tightening in the crude market overcame concerns about weak demand and kept prices in a narrow range. Brent crude was tra...
Read MoreCalifornia-based chipmaker Nvidia achieved revenue above expectations in the last quarter of 2023, driven by strong demand for artificial intelligence chips. Nvid...
Read MoreS&P left its 2024 outlook for monetary policy in the US unchanged International credit rating agency Standard & Poor's (S&P) announced that it left its 2024 outlo...
Read MoreIn the US, expectations for the dollar to rise against emerging market (EM) currencies have fallen to their lowest level since 2007. Options traders’ expectations...
Read MoreOil prices rose on a rally in Chinese stocks and a weaker dollar as investors weighed on signs of tightening supply amid rising tensions in the Middle East and a ...
Read MoreThe German Real Estate Federation (ZIA) has predicted that the German government will miss its annual new housing construction target significantly in 2024. The g...
Read MoreThe central government gross debt stock was determined as 6 trillion 965.1 billion lira as of the end of January. The Ministry of Treasury and Finance announced t...
Read MoreJapan’s exports grew by nearly 12 percent in January, led by higher shipments of vehicles, auto parts and machinery. Economists had expected 9.5 percent. Japan’s ...
Read MoreThe German Central Bank (Bundesbank) has shared its forecast that the German economy will continue to contract in the first quarter of this year. The Bundesbank s...
Read MoreOil held on to gains near the highest in more than three months after another Houthi assault on the Red Sea, as tensions continued to rise in the key region for c...
Read MoreChinese banks have made a record-breaking cut in the mortgage reference rate. As expectations for the Fed’s interest rate cut start date are postponed, investors ...
Read MoreChina has boosted real estate financing by cutting key credit rates for the first time since June. The People’s Bank of China lowered its five-year benchmark inte...
Read MoreBank of America has updated its target prices for Turkish banks. BofA analyst David Taranto wrote that private banks are “poised for revaluation,” citing expectat...
Read MoreThe use of the Red Sea and geopolitical risk terms in U.S. balance sheet teleconferences has increased, while concerns are that rising tensions in the Middle East...
Read MoreGoldman Sachs has revised upward its year-end target for the S&P 500 Just a few months after setting its 2024 target for the S&P 500, strategists at Goldman Sachs...
Read MoreOil fell from a three-week high as lingering concerns about the demand outlook offset ongoing tensions in the Middle East. Brent crude fell below $83 a barrel aft...
Read MoreThe stocks that will be added to and removed from the FTSE Russell Global Indices from Turkey have been announced. According to the mid-year review results publis...
Read MoreFollowing the US retail sales data, risk appetite is high in the markets. The market is closely following the US data as well as the statements of Fed officials. ...
Read MoreThe signal that liquidity is decreasing came as the money parked by banks in the Fed’s reverse repo channel fell to its lowest level since 2021. According to Lisa...
Read MoreAtlanta Fed President Raphael Bostic said he was not ready to call for a rate cut just yet because of the ongoing risks. He said there was no rush to cut interest...
Read MoreJeff Bezos has sold another 12 million shares of Amazon.com Inc. worth $2 billion, bringing the total amount of shares sold to more than $6 billion. Jeff Bezos ha...
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