News

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01 Mar 2024 09:48

Moody's expects G20 economic growth to slow this year

Daily News

International credit rating agency Moody's reported that it expects G20 economic growth, which was 2.9 percent last year, to decline to 2.4 percent in 2024. Moody...

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01 Mar 2024 09:47

US Congress approves budget bill to avert shutdown

Daily News

temporary budget bill that will avert a federal government shutdown in the US has passed the House of Representatives and the Senate. The bill, which provides for...

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01 Mar 2024 09:46

Oil is set to finish the week on a higher note

Daily News

Oil is on track for a weekly gain as OPEC+ leaders decided earlier this month whether to extend supply cuts into the next quarter Oil prices are on track for a we...

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01 Mar 2024 09:44

Pimco issues bond warning

Daily News

Pimco said that the additional premium demand by investors holding long-term bonds could have serious consequences for financial markets. According to Pacific Inv...

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01 Mar 2024 09:43

Bitcoin ETF investor base is expanding

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ETFs, which played a major role in this year’s Bitcoin rally, are also starting to be accepted by high-income investors. According to sources familiar with the ma...

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29 Feb 2024 09:48

New rally in Bitcoin

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Bitcoin reached $64,000 for the first time since November 2021. Bitcoin has gained over 45 percent this year. Bitcoin tested above $62,000 with an increase of ove...

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29 Feb 2024 09:47

Oil heads for second monthly gain

Daily News

Oil headed for a second monthly gain on expectations that OPEC+ will opt to extend supply cuts and key market indicators suggest near-term conditions are graduall...

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29 Feb 2024 09:46

Interest rate message from ECB Vice President

Daily News

The European Central Bank will cut interest rates when it is convinced that consumer price growth has returned to its target, ECB Vice President Luis de Guindos r...

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29 Feb 2024 09:45

Lightning meets with Yellen

Daily News

Treasury and Finance Minister Mehmet Simsek met with his US counterpart Janet Yellen in Sao Paulo, where the G-20 meetings are being held. US Treasury Secretary J...

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29 Feb 2024 09:44

CPI debate in the US

Daily News

An email from the US Department of Labor to economists has cast doubt on inflation data in the country. An email from the statistics bureau of the US Department o...

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28 Feb 2024 09:37

Is there a bubble in tech stocks?

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According to giant fund Capital Groups, a “moderate bubble” has begun to form in the Magnificent Seven stocks. A giant fund has issued a warning against the rally...

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28 Feb 2024 09:36

Oil falls on expectations of OPEC extending supply cuts

Daily News

Oil prices fell after two days of gains as signs of rising U.S. inventories competed with expectations that OPEC+ will extend supply cuts. Global benchmark Brent ...

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28 Feb 2024 09:35

Fed official Bowman's interest rate expectations

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Fed Governor Michelle Bowman reiterated her expectation that inflation will continue to fall further if interest rates are held at current levels. Fed Governor Mi...

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28 Feb 2024 09:32

US retail chain to close 150 stores

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Macy's, one of the major retail chains in the US, announced that it will close approximately 150 stores by 2026. In a statement made by the company, it was report...

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27 Feb 2024 09:35

Bitcoin sees above $57,000 for the first time since 2021

Daily News

Bitcoin’s price rose above $57,000 in early Asian trading. Bitcoin hit $57,000 for the first time since late 2021, boosted by investor demand via exchange-traded ...

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27 Feb 2024 09:34

Inflation forecast from ECB

Daily News

European Central Bank (ECB) President Christine Lagarde said that they expect the disinflation process to continue. European Central Bank (ECB) President Christin...

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27 Feb 2024 09:33

Yellen: US economy strength is key driver of good global growth

Daily News

U.S. Treasury Secretary Janet Yellen plans to tell the G20 summit that the strength of the U.S. economy is a key driver of global economic resilience. Ahead of me...

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27 Feb 2024 09:32

Şimşek: Do not trust news you have not heard from us

Daily News

Treasury and Finance Minister Mehmet Şimşek said in a statement on his social media account, "Deliberate news is being circulated with the aim of creating anxiety...

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26 Feb 2024 09:35

Chinese pressure on iron ore

Daily News

Iron ore prices fell to their lowest level in four months due to the demand outlook in China. Iron ore, which fell as much as 9 percent last week, fell to its low...

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26 Feb 2024 09:34

China local government bond issuance declines

Daily News

Local governments in China plan to issue fewer bonds than last year, which could lead to the central government taking control of its borrowing. According to data...

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26 Feb 2024 09:33

Nikkei breaks new records on Asian stock markets

Daily News

Japan’s Nikkei 225 continues rally to new high; Chinese stocks rise. Japan’s Nikkei 225 index hit a new record on Monday as investors returned from a long weekend...

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