China braces for slower growth

President Xi Jinping has given no indication that steps will be taken to revive the slowing economy. Speaking at the Third Plenum, held every five years in China,...

What are Trump's inflation, tax and refugee promises?

Trump promised to immediately end the “devastating inflation crisis” and lower interest rates in his speech. Former US President Donald Trump has officially accep...

Biden has withdrawn his candidacy US President Joe Biden announced that he is withdrawing his candidacy for the elections to be held on November 5th. After withdr...

What are Harris' chances?: Effective in swing states, but...

After incumbent US President Joe Biden withdrew from the race and pointed to his running mate Kamala Harris for the nomination, attention turned to how likely Har...

Who will be the winners and losers if Trump is elected?

Who will be the winners and losers if Trump is elected? Global markets are trying to understand whether Trump's chances of being elected have increased or decreas...

Bitcoin fluctuates after Biden's decision

Bitcoin has been on a volatile course after US President Joe Biden announced that he is withdrawing his candidacy for the elections to be held on November 5. US P...

Biden effect on oil

Oil rises as Biden withdraws bid, wildfires threaten output in Canada Oil prices rose after falling almost 3% on Friday as investors weighed the impact of U.S. Pr...

Gold rises on US election uncertainty

Gold rose as markets were left wondering whether it would help or hinder Donald Trump’s chances of returning to the White House. Bullion rose as much as 0.5% in e...

Surprise rate cut from China

The People's Bank of China has cut its benchmark interest rate. The People's Bank of China (PBOC) has cut its key short-term policy rate for the first time in alm...

Musk: Tesla will use humanoid robots next year Elon Musk, the owner of US electric vehicle manufacturer Tesla, announced that the company will have humanoid robots for its internal use next year.

Elon Musk, the owner of US electric vehicle manufacturer Tesla, announced that the company will have humanoid robots for internal use next year. Tesla owner Elon ...

Horizontal trend in oil

Oil prices were flat near six-week lows as investors awaited new clues on market balance, including the outlook for U.S. inventories. Global benchmark Brent crude...

No move expected from TCMB on interest rates

In domestic markets, attention has turned to the interest rate decision of the Central Bank of the Republic of Turkey (TCMB). Market participants do not expect an...

Two critical balance sheets for Wall Street

US markets are locked in for the second-quarter earnings season. Among the balance sheets, those of technology companies will be particularly prominent. Tesla and...

"Fed may keep interest rates steady due to US elections"

The Fed is increasingly likely to hold interest rates steady as the election race heats up, said Hooman Kaveh, chief investment officer at Mercer LLC. The Fed is ...

Oil rises as stocks shrink

Oil rose after an industry report suggested U.S. inventories will decline. Oil rose after falling more than 2 percent on Tuesday, as industry reports pointed to a...

Instead of asking “Will interest rates decrease in September?” the question should be “How much of a discount?”

In the US, the Fed has begun to debate how much of a rate cut rather than whether to make one. Following the July consumer inflation data announced in the US yest...

Weakening investment in China hits growth

The risk of missing the government’s annual growth target has increased in China. As weak confidence in China weighs on consumption and investment, economic activ...

Oil on the rise

Oil prices rose after two days of declines overshadowed by concerns about a possible Iranian attack on Israel. Brent crude traded around $80 a barrel after fallin...

Chicago Fed President Goolsbee's labor market concerns

Chicago Fed President Goolsbee said he is more concerned about the labor market than inflation. Chicago Fed President Austan Goolsbee said he is more concerned ab...

Japan's economy returns to growth in second quarter

Japan’s economy grew at a much faster-than-expected annual pace in the second quarter. Japan’s economy grew at an annual rate of 3.1 percent from April to June, r...

Asian stock markets mostly higher

Asia-Pacific markets were mostly higher on Thursday after Japan’s GDP growth beat expectations. Asia-Pacific markets were mostly higher on Thursday after Japan’s ...