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27 Mar 2024 09:36

The Fed's operating loss last year was $114.3 billion

Daily News

The US Federal Reserve (Fed) announced that its total expenses exceeded its earnings by $114.3 billion in 2023. The Fed has published its annual audited balance s...

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27 Mar 2024 09:35

Apple's iPhone sales in China drop 33 percent

Daily News

In China, one of Apple’s most important markets, iPhone shipments fell by 33 percent in February compared to the same period the previous year. Thus, sales fell f...

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26 Mar 2024 09:35

Gold nears record high

Daily News

Gold is hovering near a record high ahead of U.S. inflation data. Gold held on to Monday’s gains as investors turned cautious ahead of U.S. inflation data, which ...

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26 Mar 2024 09:34

Oil calms down after rally

Daily News

Oil settled after the biggest gain in a week as OPEC+ reaffirmed its policy of production cuts amid tensions in the Middle East and Russia. Brent traded around $8...

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26 Mar 2024 09:33

Bitcoin above $70,000 again

Daily News

Bitcoin, which has gained about $ 6,000 in value in the last day, increased by 7.15 percent to $ 70,900. The cryptocurrency Bitcoin increased by about $ 6,000 in ...

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26 Mar 2024 09:31

Russia orders oil companies to reduce production

Daily News

Russia has reportedly ordered oil companies to cut production in order to meet a target set by the Organization of the Petroleum Exporting Countries (OPEC) and so...

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26 Mar 2024 09:30

Suzuki: Won't rule out intervention against weak yen

Daily News

Japanese Finance Minister Shunichi Suzuki said on Tuesday he would not rule out any measures to rein in yen weakness. Suzuki said a weak yen has both positive and...

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25 Mar 2024 09:30

Verbal intervention on Japanese yen

Daily News

The deputy minister responsible for exchange rate policies in Japan stated that they will not allow speculative movements in the yen. The most effective verbal in...

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25 Mar 2024 09:29

Oil on the rise

Daily News

Oil rose after three days of declines on signs the market is tightening due to sanctions, geopolitical risks and OPEC+ supply cuts. Brent crude rose to $86 a barr...

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25 Mar 2024 09:28

Goldman's commodity forecast

Daily News

Goldman Sachs predicts that interest rate cuts will benefit commodity prices this year, with raw material prices set to rise 15%. Commodities will rise this year ...

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25 Mar 2024 09:28

Cautious easing pricing in bonds

Daily News

Bond investors are cautiously increasing their positions, especially in short-term bonds, in anticipation of dovish central banks. Bond investors are cautiously i...

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22 Mar 2024 09:37

Oil set to finish the week lower

Daily News

Oil fell for a third day as investors weighed the outlook for global interest rates and geopolitical tensions in the Middle East. Brent crude fell to $85 a barrel...

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22 Mar 2024 09:35

Nikkei 225 index exceeds 41 thousand

Daily News

The Nikkei 225 surpassed 41,000 as Japanese inflation accelerated in February; Hong Kong stocks fell 3 percent. Japan’s Nikkei 225 index briefly topped 41,000 on ...

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22 Mar 2024 09:34

FTX expects to sit at the negotiating table with the US government

Daily News

Cryptocurrency exchange FTX is aiming to negotiate with the U.S. government to reduce its bankruptcy claim to $3 billion to $5 billion. According to a filing in D...

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22 Mar 2024 09:33

Expectations of early rate cut from BOE strengthen

Daily News

The fact that two hawkish members of the Bank of England have chosen to skip the election has caused markets to price in an early rate cut. Investor pricing, data...

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21 Mar 2024 09:38

Another record from gold

Daily News

Gold rose above $2,200 an ounce for the first time after the Fed maintained its forecast for three rate cuts this year. Bullion rose to a record in early trading ...

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21 Mar 2024 09:37

US Justice Department files antitrust lawsuit against Apple

Daily News

The US Department of Justice (DOJ) is reportedly preparing to sue Apple for antitrust violations. The US Department of Justice (DOJ) is preparing to sue Apple for...

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21 Mar 2024 09:37

US crude oil inventories fall

Daily News

The Energy Information Administration (EIA) announced that U.S. crude oil inventories fell more than forecast last week, while gasoline inventories fell more than...

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21 Mar 2024 09:36

US supports Intel for chip production

Daily News

The US administration will provide an $8.5 billion grant to chip company Intel in order to increase semiconductor production in the country. In a statement made b...

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21 Mar 2024 09:35

Lagarde: Can't promise path even after first rate cut

Daily News

European Central Bank President Christine Lagarde said the bank could not promise further cuts in borrowing costs after a possible first move in June. The bank is...

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21 Mar 2024 09:34

Fed kept interest rates unchanged, expecting 3 cuts

Daily News

The US Federal Reserve (Fed) kept its policy rate unchanged at a 23-year high. Thus, the Fed has kept interest rates unchanged in 5 consecutive meetings. The stat...

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