Market Outlook: Iron Ore Retreats Amid Rising Supply and Weakened Steel Sentiment

Forex - Iron ore futures prices declined as strong supply persisted due to a weak steel market outlook, despite new incentives for China's real estate sector limi...

Surge in Demand for China's Dollar-Denominated Bond Issuance

Forex - China borrowed nearly at U.S. levels in its $2 billion dollar-denominated bond issuance, while yields continued to decline in trading.

STOCK VALUATION - Ahlatcı Investment Lowers Target Price for TOASO-Tofaş from 297.2 TL to 291.91 TL, Maintains "Buy" Recommendation

Forex -

Fitch: Japan's New Political Dynamics May Challenge Positive Fiscal Trends

Fitch Ratings stated that the re-election of Shigeru Ishiba, leader of the Liberal Democratic Party (LDP), as Japan's Prime Minister at the head of a minority gov...

German Ports to Reject Russian Natural Gas Shipments - FT

Germany has warned state-operated gas import terminals to reject liquefied natural gas (LNG) shipments from Russia, following a notification of a planned delivery...

"9th Judicial Package Becomes Law"

The "Draft Law on Amending Certain Laws," commonly known as the "9th Judicial Package," has been published in the Official Gazette and has come into effect. Accor...

EIA Raises Oil Production Forecasts

Forex - The U.S. Energy Information Administration (EIA) has slightly raised its U.S. and global oil production forecasts.

In its "Short-Term Energy Outlook" re...

UK Chancellor to Establish Retirement 'Mega Funds' to Strengthen the Economy

UK Finance Minister Rachel Reeves has announced plans to establish a series of "mega funds" with new investment power of up to £80 billion ($102 billion) as part ...

UK Housing Prices Show Fastest Rise in Over Two Years in October

In October, home prices in the UK showed the fastest increase in over two years. According to a survey conducted by the Royal Institution of Chartered Surveyors (...

Gold Prices Dip to Their Lowest Level in 8 Weeks

Forex - Following Trump's election victory, the price of gold per ounce has fallen to its lowest level in eight weeks. Amid uncertainty regarding the pace of the ...

Fed/Musalem: We're Approaching the Inflation Target, but Recent Data Signals Increased Risk

Louis Fed President Alberto Musalem stated that despite price pressures converging toward the Federal Reserve's 2% target, recent data increases the risk of a slo...

U.S. Bank CEOs Confidence in Deals and Consumer Financing Rises

At a sector conference held in New York, U.S. bank CEOs expressed optimism about the potential for deals and the financial health of American consumers. CEO Brian...

Halkbank Appeals Court of Appeals Decision; Seeks Retrial

Halkbank, which is currently undergoing trial as a defendant in the Reza Zarrab case at the Southern District Court of New York, has appealed the Second Circuit C...

AMD to Lay Off 4% of Its Workforce

Advanced Micro Devices (AMD (NASDAQ:AMD)) announced that it will lay off 1,000 workers, which represents approximately 4% of its global workforce.

A representat...

According to the New York Fed, Americans are Falling Further Behind on Debt Payments

According to a report released by the New York Fed, household debt has reached an all-time high, while Americans fell slightly behind in their credit card and oth...

Cisco Surpasses Earnings Expectations as AI Boosts Demand for Network Hardware

Cisco Systems outperformed expectations in the first quarter, aided by an increase in demand for networking hardware amid the artificial intelligence boom. The co...

Apple Faces £3 Billion 'iCloud Monopoly' Compensation Claim in the UK

Forex - In the UK, the consumer rights group 'Which?' has filed a lawsuit against Apple (NASDAQ:AAPL) on behalf of approximately 40 million users of the iCloud cl...

U.S. Federal Budget Posts Largest Deficit Since 2020 in October

Forex - The U.S. budget deficit increased as the new fiscal year began, casting a shadow over the budget outlook as Washington prepares for a second Trump preside...

Fed/Schmid: The Massive Surge in Public Debt Will Impact Monetary Policy

Forex - Kansas City Fed President Jeff Schmid stated that the "tremendous" increase in government debt will have an impact on U.S. monetary policy, but he does no...

Cisco Earnings Beat Expectations at $0.04, Profit Surpasses Estimates

According to Cisco's (NASDAQ: CSCO) report, the earnings per share for the first quarter was $0.91, which is $0.04 better than analysts’ expectations of $0.87. Th...

Rail Traffic Volume in the U.S. Rises by 4.5%

Foreks - The total volume of rail transportation in the United States increased by 4.5% in the week ending November 9 compared to the same week last year. Accordi...