News

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05 Nov 2024 05:50

MARKET OUTLOOK - Citi Expects Copper to Temporarily Rise to $10,000 Next Week

Daily News

Citi stated that copper could temporarily rise to $10,000 per ton next week in the event of easing in China and the Fed, or if Trump wins, leading to broader equi...

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05 Nov 2024 05:50

Anglo to Sell 33% Stake in Australian Coal Assets for $1.1 Billion

Daily News

Foreks - Anglo American (JO:AGLJ) has agreed to sell its 33.3% stake in the joint venture that owns 70% of the coal mines used for steel production at Jellinbah E...

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05 Nov 2024 05:45

MARKET OUTLOOK - Iron Ore Maintains Gains Amidst Increased Stimulus Expectations in China

Daily News

Iron ore futures rose for the second consecutive session, bolstered by increasing optimism over additional stimulus from China, although the fundamentals of the k...

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05 Nov 2024 05:45

TANKER REPORT: 37 Tankers Docked at Black Sea Ports

Daily News

In the Black Sea ports, there are a total of 37 tankers that represent the first step for oil arriving in the region to reach the world via the Istanbul and Darda...

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05 Nov 2024 05:45

Bolat: International Credit Rating Agencies Confirm the Positive Results of Our Economic Program

Daily News

The Minister of Trade, Ömer Bolat, stated, "The positive results of our economic program are being confirmed by international credit rating agencies that have con...

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05 Nov 2024 05:45

TANKER REPORT - A Tanker Departed from Ceyhan BTC Port

Daily News

Foreks - A tanker has departed from the Ceyhan BTC Terminal, marking the second step in delivering oil from Azerbaijan through the Baku-Tbilisi-Ceyhan (BTC) pipel...

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05 Nov 2024 05:40

TANKER REPORT - 17 Tankers to Transit the Dardanelles and Bosphorus Today

Daily News

Foreks - There are no issues with transit passages in the Dardanelles and Bosphorus Straits, which are the most important routes used to transport oil from the co...

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05 Nov 2024 05:10

Boeing Strike Ends as Workers Accept New Contract

Daily News

Forex - Boeing's West Coast factory workers accepted the company's new contract proposal during a vote on Monday. The acceptance of the proposed offer ended a sev...

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05 Nov 2024 04:55

Inflation Slows Down in South Korea; Room for Interest Rate Cuts Emerges

Daily News

Forex - South Korea's headline inflation fell to its lowest level in 45 months in October, strengthening the case for the Central Bank to continue lowering intere...

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05 Nov 2024 04:50

Major Shareholder of Salzgitter AG Plans to Acquire Entire Company

Daily News

A major shareholder of German steel producer Salzgitter AG has informed the company of plans to acquire it. GP Günter Papenburg Aktiengesellschaft, in collaborati...

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05 Nov 2024 04:50

Iran to Boost Oil Production

Daily News

According to reports, Iran has approved a plan to increase its oil production by 250,000 barrels per day. The report stated, "The Iranian Economic Council has app...

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05 Nov 2024 04:30

Indonesia's Economy Continues Steady Growth

Daily News

Forex - Indonesia's economy continued to progress with a stable growth rate in the third quarter, supported by both domestic and external demand. According to a s...

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05 Nov 2024 04:25

Senate Democrats Seek Another 50 Basis Points Rate Cut from the Fed

Daily News

Democrats on Capitol Hill are demanding another significant interest rate cut from the Fed this week to reduce housing costs. Senator Elizabeth Warren has called ...

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05 Nov 2024 04:20

Canadian Prime Minister to request a 35% reduction in emissions from the oil and gas sector.

Daily News

Canada's Prime Minister Justin Trudeau will call for a 35% reduction in emissions from the oil and gas industry compared to 2019 levels. Environment Minister Stev...

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05 Nov 2024 04:20

Morgan Stanley's Local Unit Set to Trade in China's Derivatives Market

Daily News

Morgan Stanley (NYSE:MS) has received final approval to launch futures trading in China through a newly established unit, becoming the second largest U.S. company...

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05 Nov 2024 04:10

Galata Wind Reports Pre-Tax Profit of 925 Million TL for Q3 2024

Daily News

Foreks - Galata Wind, one of Turkey's leading names in the renewable energy sector, reported an Earnings Before Interest, Taxes, Depreciation, and Amortization (E...

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05 Nov 2024 04:10

Title: Turkish Citizen Arrested on Suspicion of Conspiracy to Violate U.S. Sanctions on Venezuelan Oil Trade

Daily News

The U.S. Department of Justice reported that a Turkish citizen was arrested under suspicion of conspiring to violate sanctions related to Venezuelan oil trading f...

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05 Nov 2024 04:00

Toyota's Profit Expected to Decline for the First Time Since Q2 2022

Daily News

When Toyota Motor reports its second-quarter earnings on Wednesday, it is expected to record its first profit decline in the last two years, highlighting a coolin...

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05 Nov 2024 03:50

KPMG Cuts 4% of Its Audit Staff in the U.S.

Daily News

According to a report based on sources familiar with the matter, KPMG International Ltd. laid off approximately 330 employees last week, representing about 4% of ...

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05 Nov 2024 03:45

Weekly Steel Production Decreased in the U.S.

Daily News

Foreks - Raw steel production in the U.S. showed a weekly decrease. According to data released by the American Iron and Steel Institute (AISI), raw steel producti...

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05 Nov 2024 03:40

Australian Central Bank Keeps Interest Rates Steady in Line with Market Expectations

Daily News

Forex - The Reserve Bank of Australia (RBA) has indicated that its primary focus is to sustainably bring inflation back to target, aligning with market expectatio...

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