REMINDER - Producer prices will be announced in the U.S.

Foreks - ------------------------------------------
Time: 15:30

Period: February
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Fed/Goolsbee: Whether tariffs will lead to persistent inflation remains an open question.

Chicago Fed President Austan Goolsbee stated that it remains an open question for the Federal Reserve whether the Trump administration's tariff plans will lead to...

Tesla Partners with Baidu to Enhance ADAS Performance in China

Tesla is partnering with Chinese tech giant Baidu to enhance the performance of its Advanced Driver Assistance System (ADAS) in China, following recent customer c...

The Central Bank of Turkey (TCMB) has decided to issue liquidity securities with a maturity of up to 91 days.

The Central Bank of the Republic of Turkey (CBRT) has decided to issue liquidity bonds with a maturity of up to 91 days. In a statement, the CBRT emphasized its c...

Unemployment insurance applications in the U.S. decreased during the week of March 8.

Foreks - The U.S. Department of Labor reported that initial jobless claims fell by 2,000 to 220,000 in the week ending March 8. Economists surveyed by The Wall St...

Şimşek to Meet Bankers at Iftar

Foreks - Minister of Treasury and Finance Mehmet Şimşek will meet with members of the Banking Association of Turkey (TBB) at the TBB Traditional Iftar Program.

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MARKET OUTLOOK - Commerzbank expects the euro to drop to 1.05 against the dollar by the end of the second quarter.

Foreks - Commerzbank analyst Michael Pfister stated that the Euro, which has recently risen due to concerns about growth in the U.S. and optimism regarding German...

The President of the New York Fed assessed the uncertain outlook of the economy.

John Williams, President and CEO of the New York Federal Reserve, recently spoke at the Macroeconomic Caribbean Conference held in Nassau, Bahamas. In his remarks...

Fabrinet Shares Surge After Amazon Deal

Fabrinet (NYSE:FN) shares rose 9% in pre-market trading despite the company's downward revision of its third-quarter adjusted earnings per share (EPS) forecast. T...

Chicago Fed President Goolsbee evaluated tariffs, market expectations, and the interest rate path.

Austan Goolsbee, President of the Chicago Federal Reserve, discussed various economic issues in an interview with CNBC. He addressed businesses' concerns about ca...

The U.S. Needs Canada's Collaboration in Steel and Aluminum Construction

U.S. Secretary of Commerce Howard Lutnick stated that the U.S. needs Canada’s permission for steel and aluminum production for national security purposes. Speakin...

Tele2 is considering selling its mobile towers in the Baltic region for 500 million euros - Bloomberg.

Investing.com — Swedish telecommunications operator Tele2 (ST:TEL2b) AB is considering selling its wireless towers in the Baltic region. According to sources clos...

Odine's EBITDA increased by 64% in the last 12 months.

Foreks - Odine has prioritized technology and innovation in 2024, increasing its net sales revenue by 56% compared to the previous year, reaching 1.2 billion TL. ...

Williams: The Fed's monetary policy is currently in the right place.

New York Fed President John Williams stated that given the uncertain outlook, the Fed's monetary policy is currently in the right place. He noted, “There is a cer...

Alternatif Bank wins an award from the Stevie Awards.

Foreks - Alternatif Bank has been awarded the bronze award in the "Marketing Solution" category at the prestigious Stevie Awards for Sales & Customer Service, bas...

Today, the Precious Metals Market recorded transactions of 826 kg of gold and 3,464 kg of silver.

Foreks is a leading financial services provider, offering a comprehensive range of solutions for traders and investors. Specializing in forex trading, stock marke...

Producer prices in the US fell short of expectations.

Foreks - Following the consumer price data released in the U.S. yesterday, analysts shifted their focus to producer prices, which came in below expectations. Acco...

Critical Statement from the SEC on Cryptocurrency Mining

The U.S. Securities and Exchange Commission (SEC) has officially declared that cryptocurrency mining does not fall under the scope of securities offerings. In a s...

In the Takasbank Money Market, a transaction volume of 39.38 billion TL was achieved.

Today, a total trading volume of 39,376,620,000 TL was recorded on the Foreks - Takasbank Money Market. In dollar terms, the volume amounted to 1,077,627,593.

T...

Trump signed an executive order to enhance federal data access for detecting waste and fraud.

Investing.com — President Donald Trump signed an executive order yesterday, directing federal agency heads to provide full and immediate access to unclassified re...

Forte/Bayrak: In our 2025 projections, we will continue our investments in the agriculture sector.

Foreks - Member of the Board of Forte, Bayrak, stated that 2024 will be a year of strong growth and strategic expansion for them, emphasizing, "We have largely ac...