News

image
16 Feb 2024 09:26

US unemployment claims fall

Daily News

The number of people filing for first-time unemployment benefits in the U.S. fell below expectations, falling to 212,000 in the week ending February 10. The U.S. ...

Read More
image
15 Feb 2024 09:33

Japan has lost its title as the world's third largest economy

Daily News

Japan unexpectedly entered recession at the end of 2023, losing its title as the world’s third-largest economy to Germany. The Japanese economy unexpectedly contr...

Read More
image
15 Feb 2024 09:31

Fed/Barr: Road to return to inflation target will be bumpy

Daily News

The Fed’s Vice Chairman for Supervision Michael Barr said that stronger-than-expected inflation in January suggested that the path back to 2% inflation “may be bu...

Read More
image
15 Feb 2024 09:30

Oil continues to fall as inventories rise

Daily News

Oil prices fell for a second day after data showed U.S. crude inventories rose by the most since November, leaving indicators in a narrow range this year. Brent c...

Read More
image
15 Feb 2024 09:30

Nvidia's market value surpasses Alphabet

Daily News

As demand for artificial intelligence chips continues to grow, California-based chipmaker Nvidia has surpassed Amazon and Alphabet with a market value of approxim...

Read More
image
15 Feb 2024 09:28

Inflation and interest message from Fed official

Daily News

Chicago Fed President Austan Goolsbee said that the possibility of inflation remaining slightly elevated for a few more months is consistent with the expectation ...

Read More
image
15 Feb 2024 09:27

US producer prices revised down for December

Daily News

The decline in the US Producer Price Index (PPI) in December was revised from 0.1 percent to 0.2 percent. The US Department of Labor published its annual update o...

Read More
image
14 Feb 2024 09:38

US core inflation rises fastest in 8 months

Daily News

Inflation in the US was 0.3 percent monthly and 3.1 percent annually in the first month of 2024, above estimates. Core inflation also recorded its fastest increas...

Read More
image
14 Feb 2024 09:37

Yellen: Progress made in fighting inflation

Daily News

U.S. Treasury Secretary Janet Yellen said on Tuesday that progress was being made in the fight against inflation U.S. Treasury Secretary Janet Yellen said on Tues...

Read More
image
14 Feb 2024 09:37

Interest rate message from ECB Chief Economist Lane

Daily News

The European Central Bank’s chief economist Philip Lane said there were risks in cutting interest rates too early or too late. The European Central Bank’s chief e...

Read More
image
14 Feb 2024 09:36

Japanese yen intervention signal

Daily News

Japanese authorities signaled intervention after the Japanese yen weakened against the dollar by breaking the critical level. The intervention signal from Japanes...

Read More
image
13 Feb 2024 09:30

Atlanta Fed President sends rate cut message

Daily News

The Atlanta Fed president said the rate cuts probably won’t happen until the summer. Atlanta Fed President Raphael Bostic, who will vote on policy decisions by th...

Read More
image
13 Feb 2024 09:29

Oil trades sideways ahead of OPEC market outlook

Daily News

Oil is trading sideways ahead of OPEC’s market outlook and as investors watch developments in the Israel-Hamas war. Brent crude traded above $82 a barrel after cl...

Read More
image
13 Feb 2024 09:28

Bitcoin exceeded $50,000

Daily News

The price of the cryptocurrency Bitcoin is trading above $ 50,000 for the first time since December 2021 amid continued interest in spot Bitcoin exchange-traded f...

Read More
image
13 Feb 2024 09:28

US budget deficit hits $22 billion in January

Daily News

The US federal government's budget deficit decreased by 43 percent in January compared to the same month the previous year, falling to $22 billion. The US Treasur...

Read More
image
12 Feb 2024 13:00

Economists say Fed is 'too' tight

Daily News

survey of economists in the US showed that the Fed’s monetary stance is perceived as too tight. Economists have come to believe that the Fed is keeping financial ...

Read More
image
12 Feb 2024 12:59

Unemployment fell in December

Daily News

According to TurkStat data, unemployment decreased to 8.8 percent in December 2023. The unemployment rate among the young population also decreased to 15.5 percen...

Read More
image
12 Feb 2024 12:58

Statement from Minister Şimşek regarding rent increases

Daily News

Treasury and Finance Minister Mehmet Şimşek announced that the housing supply will be increased to prevent price increases in rents, new social housing projects w...

Read More
image
12 Feb 2024 09:35

Market converges with Fed projections

Daily News

Despite the Fed’s interest rate messages in recent years, bond traders who have been pricing in different expectations are finally converging on the Fed’s project...

Read More
image
12 Feb 2024 09:34

Number of stock market investors dropped to 7.2 million

Daily News

According to the Central Registry Agency (MKK) data, the number of investors on the stock exchange as of February 9 was recorded as 7 million 200 thousand 436. Th...

Read More
image
12 Feb 2024 09:33

Oil starts the new week with decline

Daily News

Oil fell after rising last week after Iran’s foreign minister signaled that the Israel-Hamas conflict was nearing a diplomatic solution. Trading was quiet as many...

Read More