Geopolitical concerns over oil continue
Daily NewsOil held on to gains after a new round of U.S. and British offensives against Iran-backed Houthi rebels in Yemen raised tensions in the Middle East and eased conc...
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Oil held on to gains after a new round of U.S. and British offensives against Iran-backed Houthi rebels in Yemen raised tensions in the Middle East and eased conc...
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The decline in the US Producer Price Index (PPI) in December was revised from 0.1 percent to 0.2 percent. The US Department of Labor published its annual update o...
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Chicago Fed President Austan Goolsbee said that the possibility of inflation remaining slightly elevated for a few more months is consistent with the expectation ...
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As demand for artificial intelligence chips continues to grow, California-based chipmaker Nvidia has surpassed Amazon and Alphabet with a market value of approxim...
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Oil prices fell for a second day after data showed U.S. crude inventories rose by the most since November, leaving indicators in a narrow range this year. Brent c...
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The cryptocurrency Bitcoin lost nearly 5 percent of its value, falling below $39,000 for the first time since December of last year. Bitcoin has fallen more than ...
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The Fed’s Vice Chairman for Supervision Michael Barr said that stronger-than-expected inflation in January suggested that the path back to 2% inflation “may be bu...
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US aerospace and defense company Lockheed Martin has forecasted that its sales will increase from $68.5 billion to $70 billion in 2024 compared to the previous ye...
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Japan unexpectedly entered recession at the end of 2023, losing its title as the world’s third-largest economy to Germany. The Japanese economy unexpectedly contr...
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Oil prices fell in a volatile session as investors weighed rising supply expectations against increased military activity in the Middle East. The United States an...
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Former US President Donald Trump has moved one step closer to becoming the Republican Party’s nominee in the November 2024 US Presidential Election, by winning ov...
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The number of people filing for first-time unemployment benefits in the U.S. fell below expectations, falling to 212,000 in the week ending February 10. The U.S. ...
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The European Bank for Reconstruction and Development (EBRD) provided a record 2.5 billion euros in financing to Turkey in 2023, with the contribution of post-eart...
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Jeff Bezos has sold another 12 million shares of Amazon.com Inc. worth $2 billion, bringing the total amount of shares sold to more than $6 billion. Jeff Bezos ha...
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Global markets are following the incentives coming from China. Another topic on the agenda was the Fed's move regarding the emergency lending program. The Fed rec...
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Atlanta Fed President Raphael Bostic said he was not ready to call for a rate cut just yet because of the ongoing risks. He said there was no rush to cut interest...
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US electric car manufacturer Tesla has warned that vehicle volume growth could be lower this year compared to 2023 due to work on a new generation vehicle. Tesla ...
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The signal that liquidity is decreasing came as the money parked by banks in the Fed’s reverse repo channel fell to its lowest level since 2021. According to Lisa...
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Oil edged closer to a one-month high after a larger-than-expected fall in U.S. inventories and China’s announcement of additional stimulus. U.S. crude rose above ...
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Following the US retail sales data, risk appetite is high in the markets. The market is closely following the US data as well as the statements of Fed officials. ...
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The stocks that will be added to and removed from the FTSE Russell Global Indices from Turkey have been announced. According to the mid-year review results publis...
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