US consumer loans rise more than expected
Daily NewsConsumer loans in the US increased by $17.85 billion in June, above expectations. The US Federal Reserve (Fed) announced consumer loan data for June. Accordingly,...
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Consumer loans in the US increased by $17.85 billion in June, above expectations. The US Federal Reserve (Fed) announced consumer loan data for June. Accordingly,...
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The downward momentum in deposit rates continues. Average deposit rates have fallen below 30 percent. While the latest data in Turkey show a significant increase ...
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The People's Bank of China announced that it will increase funding support for the private sector after the private sector meeting. The People's Bank of China ann...
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The Reserve Bank of Australia has cut its growth outlook for 2023 to 1%. The Reserve Bank of Australia has cut its growth outlook for the country to 1% from its p...
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US technology giant Apple’s revenue decreased by 1 percent annually in the April-June period, while e-commerce giant Amazon’s revenue increased by 11 percent. App...
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Former US President Donald Trump has pleaded not guilty to charges brought against him in a federal court in Washington, DC, as part of the investigation into the...
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Minister of Treasury and Finance Mehmet Şimşek evaluated the July inflation data and stated that they are going through a process where disinflation and price sta...
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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