Kansas City Fed President makes inflation statement
Daily NewsKansas City Fed President Jeff Schmid said he was more confident that inflation would continue toward his 2% target. One of the Fed’s most hawkish policymakers, K...
Read MoreKansas City Fed President Jeff Schmid said he was more confident that inflation would continue toward his 2% target. One of the Fed’s most hawkish policymakers, K...
Read MoreTekfen Construction has won a tender in Saudi Arabia worth approximately $235 million. Tekfen Construction, a subsidiary of Tekfen Holding, has won a tender in Sa...
Read MoreCurrency-protected deposits experienced the fastest increase in 6 months with 67.7 billion TL in the week when the withholding tax came. While the economy adminis...
Read MoreUS recession probabilities revised upwards. While Wall Street banks are taking the blame for the market earthquake, they are also revising US recession probabilit...
Read MoreJPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he still sees a recession on the horizon. JPMorgan Chase CEO Jamie Dimon said Wednesday that he stil...
Read MoreOil is holding on to gains from this week’s rally as the market awaits Iranian retaliation. Oil has steadied after a week of gains and the market is on edge about...
Read MoreNatural gas prices in Europe rose to their highest level this year on news that Ukrainian troops had seized the key Sudzha gas transit point. Europe’s benchmark n...
Read MoreEconomist Nouriel Roubini, known as the crisis prophet, made a prediction contrary to the market expectation of a recession in the US, which was one of the main r...
Read MoreEuropean Central Bank Governing Council Member Olli Rehn has described the recent turbulence in global stock markets as an “overreaction.” European Central Bank G...
Read More“We could see one or two rate cuts from the Fed in the fall,” David Solomon, chief executive of Goldman Sachs, one of Wall Street’s biggest banks, said. David Sol...
Read MoreOil was flat after recovering from a market slide as investors awaited a retaliatory Iranian attack on Israel. Brent crude traded above $76 a barrel after closing...
Read MoreElon Musk's social media platform X has sued a group of advertisers and some major companies for illegally boycotting the platform and causing revenue loss. X CEO...
Read MoreBank of America (BofA) Turkey economist Zümrüt İmamoğlu stated that the Central Bank of the Republic of Turkey has room to cut policy rates in December. Sharing h...
Read MoreRestaurant chains KFC and Pizza Hut saw their store sales decline in the second quarter of this year. Sales of Kentucky Fried Chicken, also known as KFC, decrease...
Read MoreThe Bank of Japan, one of the actors of volatility in financial markets, has reassured markets by giving a dovish signal for the first time after historical volat...
Read MoreBill Gross, the famous investor known as the 'bond king', announced that he will neither buy nor sell against the global turmoil. Bill Gross, the famous investor ...
Read MoreThe major rally that started in the $27 trillion bond market due to concerns that the US is gradually moving into recession has sparked discussions that the Fed s...
Read MoreOil is rising from a seven-month low. Oil rose as stocks rebounded and the halt in production at Libya’s biggest field refocused attention on the Middle East. Bre...
Read MoreHistorical selling pressure in markets Global markets faced historical selling pressure on the first trading day of the week due to rapidly strengthening recessio...
Read Morefederal judge in the US has ruled that Google has an “illegal monopoly” on internet search and search advertising. US federal judge Amit Mehta announced his long-...
Read MoreAs the sell-off in Asian stocks continues, Japanese stocks suffered their steepest sell-off since 1987. South Korea’s Kosdaq index also recorded a record decline....
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