News

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28 Jun 2024 09:12

Oil stuck in narrow price range ahead of US data

Daily News

Oil remained in its narrowest trading range since 2021 ahead of U.S. economic data. U.S. crude rose 1% on Thursday to trade above $82 a barrel. Brent was near $87...

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28 Jun 2024 09:11

Fed/Bowman: We are not at a point to consider rate cuts

Daily News

Fed Board Member Michelle Bowman said that inflationary pressures are still high and that she still does not support a rate cut at this point. Fed Board Member Bo...

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28 Jun 2024 09:11

IMF: Fed should keep interest rates at current level 'at least until end of 2024'

Daily News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that the US Federal Reserve (Fed) should keep policy interest rates at their current...

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27 Jun 2024 09:18

Oil falls ahead of key US economic data Oil falls ahead of key US economic data

Daily News

Oil fell ahead of key U.S. economic data. Brent crude has fallen below $85 a barrel and has been hovering in a narrow range of $1.76 so far this week, the smalles...

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27 Jun 2024 09:18

No move expected from TCMB

Daily News

The Central Bank of the Republic of Turkey (TCMB) will announce its interest rate decision at 14:00. Market participants believe that the TCMB will also skip the ...

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27 Jun 2024 09:17

Minister Suzuki signals intervention

Daily News

Japan’s Finance Minister reiterated his warnings after the yen fell to its lowest level since 1986. Japanese Finance Minister Shunichi Suzuki said after the yen f...

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27 Jun 2024 09:16

Pressure continues on yen

Daily News

The Japanese yen fell to its lowest level against the dollar yesterday, at one point since 1986. The Japanese yen fell to its lowest level against the dollar yest...

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27 Jun 2024 09:15

Major US banks pass Fed's stress test

Daily News

The U.S. Federal Reserve (Fed) reported that banks it stress-tested are in good position to weather a severe recession. The Fed has announced the results of its a...

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27 Jun 2024 09:14

Crypto asset regulation becomes law

Daily News

The Bill of Law on Amendments to the Capital Markets Law, which includes regulations regarding crypto assets, was accepted by the TBMM General Assembly and became...

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27 Jun 2024 09:13

TV8 is going into debt with bond issue

Daily News

TV8 TV Broadcasting will collect demand for a 98-day term bond with a nominal amount of 125 million TL between June 26-27. The simple interest rate for the compan...

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26 Jun 2024 09:25

Critical data awaited for intervention in yen

Daily News

There are comments that Japan should not intervene in the depreciating yen before the critical core PCE data to be released in the US on Friday. The core PCE data...

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26 Jun 2024 09:21

ECB/Rehn: It is reasonable to expect two more rate cuts this year

Daily News

European Central Bank (ECB) member Rehn sees two more rate cuts in 2024 as reasonable. Olli Rehn, a member of the Governing Council of the European Central Bank a...

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26 Jun 2024 09:20

Horizontal trend in oil

Daily News

Oil prices were flat after falling on Tuesday as industry reports showed a small increase in U.S. crude inventories ahead of official data. Brent traded above $85...

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26 Jun 2024 09:19

OECD issues monetary policy warning for US economy

Daily News

The Organization for Economic Co-operation and Development (OECD) warned that easing monetary policy too quickly in the US risks inflation remaining persistently ...

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26 Jun 2024 09:18

IMF maps world's AI readiness

Daily News

The International Monetary Fund (IMF) study revealed that countries are at different stages of readiness to take advantage of the potential benefits of artificial...

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25 Jun 2024 09:11

Bitcoin continues to surge since spot ETF approval

Daily News

It was the biggest outflow in a two-week period since U.S. exchange-traded funds approved a bitcoin spot ETF in January. Bitcoin saw outflows of nearly $600 milli...

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25 Jun 2024 09:10

Oil maintains gains

Daily News

Oil held on to gains as investors weighed rising geopolitical tensions. Oil held on to gains as investors weighed the potential impact of rising geopolitical tens...

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25 Jun 2024 09:09

Yellen announces new steps to reduce housing costs

Daily News

US Treasury Secretary Janet Yellen announced that an additional $100 million program will be established over the next three years to support affordable housing f...

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25 Jun 2024 09:09

Fed's Daly: Inflation not the only risk

Daily News

San Francisco Fed President Mary Daly warned about the risk in the labor market, stating that inflation is not the only risk. San Francisco Fed President Mary Dal...

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25 Jun 2024 09:08

Yen continues to fall

Daily News

Despite messages of support from Japanese authorities, the yen continues to weaken and positioning in options markets suggests further declines are expected. The ...

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24 Jun 2024 09:36

Neutral interest rate expectations in the US

Daily News

While neutral interest rate expectations are prominent in the US, it is also evaluated that the level of interest rates may prevent the rise in bond markets. Whil...

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