News

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03 Aug 2023 12:10

The impact of rising US debt issuance on gold

Daily News

Gold traded sideways after falling to a three-week low on signs that the US labor market remains strong and bond yields rose. Gold traded sideways after falling t...

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03 Aug 2023 12:10

JPMorgan's No. 1 reacts to Fed plan

Daily News

According to JPMorgan CEO Jamie Dimon, the tightening capital rules will reduce the appetite of US banks for housing and SME loans. The Fed plan, which will tight...

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03 Aug 2023 12:09

Recovery after oil crash

Daily News

Oil rose after posting its biggest loss in five weeks as investors considered moving away from riskier assets amid signs of a tighter global crude market, includi...

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03 Aug 2023 12:09

Rapid entry into the interest rate reduction process in Brazil

Daily News

Brazil’s central bank has started a more aggressive rate-cutting campaign than expected, cutting it by 50 basis points. The central bank of Brazil cut its interes...

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03 Aug 2023 12:07

Service sector activity grows in China

Daily News

China’s services sector activity grew in July on solidly rising business activity across the sector. China’s services sector activity grew stronger in July, accor...

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02 Aug 2023 09:15

Update talks for the Customs Union

Daily News

The EU has made a statement regarding the update of the Customs Union agreement with Turkey. The European Union announced that they are discussing the update of t...

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02 Aug 2023 09:14

Atlanta Fed President calls for caution

Daily News

Atlanta Fed President Raphael Bostic urged the U.S. central bank to be cautious about overtightening monetary policy as inflation continues to ease. “We’ve made s...

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02 Aug 2023 09:14

Oil continues to rise

Daily News

Oil rebounded after an industry forecast pointed to a big drop in U.S. inventories, adding to signs of tightening markets. U.S. crude rebounded from a 0.5 percent...

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02 Aug 2023 09:13

South Korea inflation below expectations

Daily News

South Korea's inflation rate hits 2.3% in July South Korea's consumer price index rose 2.3% year-on-year in July, the weakest growth rate since June 2021 and belo...

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02 Aug 2023 09:13

Asian stocks fall as Fitch downgrades US credit rating

Daily News

Asia-Pacific stocks fell after Fitch downgraded the U.S. credit rating. Asia-Pacific stocks fell on Wednesday after ratings agency Fitch downgraded the U.S. credi...

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02 Aug 2023 09:12

Fitch downgrades US long-term credit rating

Daily News

International credit rating agency Fitch Ratings has downgraded the US’s long-term credit rating from “AAA” to “AA+”, while changing the outlook to stable from ne...

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02 Aug 2023 09:11

China announces package to boost domestic consumption

Daily News

China’s National Development and Reform Commission (NDRC) has announced a 20-item package to boost domestic consumption. The package will encourage consumption of...

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02 Aug 2023 09:11

Temporary transaction ban imposed on 9 people by SPK

Daily News

The Capital Markets Board (CMB) decided to impose a temporary trading ban on 9 individuals for 6 months. The Capital Markets Board (CMB) decided to impose a tempo...

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02 Aug 2023 09:10

UK economy faces rising risk of recession

Daily News

According to economists, the recent data releases and weakening leading sector indicators in the UK have increased concerns that the country's economy will enter ...

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02 Aug 2023 09:10

Koç Holding's net profit exceeds expectations

Daily News

Koç Holding's second quarter net profit was realized as TL 20.60 billion, above expectations of TL 18.24 billion. Koç Holding's net profit in the second quarter o...

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01 Aug 2023 09:29

The Reserve Bank of Australia keeps interest rates steady

Daily News

Contrary to market expectations of a final rate hike, the Reserve Bank of Australia left interest rates unchanged at 4.10 percent. The Reserve Bank of Australia (...

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01 Aug 2023 09:29

Interest rate comment from Chicago Fed President Goolsbee

Daily News

Chicago Fed President Austan Goolsbee said a September rate hike is uncertain and nothing is off the table. The Fed has not decided whether to raise or hold rates...

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01 Aug 2023 09:28

Oil calms after monthly gains

Daily News

Oil steadies after biggest monthly gain since early 2022 Oil steadies after biggest monthly gain since early 2022, as signs of a tighter global crude market offse...

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01 Aug 2023 09:28

Japan's unemployment rate falls in June

Daily News

Japan's unemployment rate fell to 2.5 percent in June Japan's seasonally adjusted unemployment rate fell slightly to 2.5 percent in June from 2.6 percent a month ...

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01 Aug 2023 09:27

China's Caixin manufacturing PMI narrows in July

Daily News

The Caixin/S&P Global Manufacturing Purchasing Managers Survey came in at 49.2 in July, showing China’s manufacturing activity entered contraction territory for t...

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01 Aug 2023 09:27

Asian stock markets track economic data from the region

Daily News

Asian stocks were mixed on Tuesday as a Caixin special survey compiled by S&P Global showed China’s factory activity fell into contraction territory for the first...

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