Concerns Over Consumption and the Housing Sector in China May Persist

According to Barclays economists, concerns about China's consumption and housing sector are expected to persist into 2025. Citing a deterioration in the labor mar...

Goldman Sachs Predicts Limited Decline for Chinese Stocks Next Year

According to Goldman Sachs, Chinese equities are expected to face a limited decline next year as the market accounts for trade tension risks, while domestic stimu...

Sugar Bank and Schneider Electric Sign Collaboration Protocol

Foreks - Schneider Electric and Şekerbank (IS:SKBNK) have signed a cooperation protocol that encompasses the financing of energy efficiency and renewable energy i...

Forex News: Stock Market Opening Survey Results Are In

Foreks - In a survey conducted by analysts for Foreks News, the median forecast for the BIST100 Index opening gap value was 22.27 points, while the average foreca...

Birnbaum: Europe's Energy Taxes Are Worsening Industry Struggles

Foreks - Leonhard Birnbaum, the president of Europe's electricity lobby, stated that governments looking for ways to assist the continent's struggling industries ...

Honda and Nissan Aim to Reach an Agreement by June 2025

Forex - Honda and Nissan will announce today an agreement to explore a merger by establishing a joint holding company, aiming to reach a deal by June 2025. As the...

US Set to Ban Drone Imports from China

U.S. lawmakers view the dominance of Chinese drones in the U.S. market not only as a spying threat but also as a commercial threat that makes it nearly impossible...

MARKET OUTLOOK - Iron Ore Rises on Hopes of Stock Replenishment Before Holidays

Futures iron ore prices rose, supported by expectations of another wave of restocking among steel producers in China, but high inventories and concerns about dema...

Property Sales in the UK Accelerate Ahead of Stamp Duty Increase

According to Zoopla's data, with buyers hurrying to avoid an increase in stamp duty starting next April, property sales agreed upon in the UK have risen by nearly...

Codelco Allegedly Misses Copper Production Targets for November

According to an internal document, Chile's state-owned copper giant Codelco produced 125,500 tons of metal in November, reflecting an 18% year-on-year increase, b...

ECB/Lagarde: "We Are Very Close to Announcing That We Have Bring Inflation to Our Mid-Term Target in a Sustainable Manner"

Forex - European Central Bank (ECB) President Christine Lagarde stated that they are very close to declaring that they can bring inflation sustainably to their me...

TANKER REPORT - 37 Tankers Currently in Black Sea Ports

There are a total of 37 tankers in the Black Sea ports, which serve as the first leg for oil arriving in the region to reach the world via the Istanbul Strait and...

TANKER REPORT - A Tanker Departed from Ceyhan BTC Port

A tanker has departed from the Ceyhan BTC Terminal, which serves as the second step in delivering oil from Azerbaijan through the Baku-Tbilisi-Ceyhan (BTC) pipeli...

TANKER REPORT - 18 Tankers to Transit the Dardanelles and the Bosphorus

Forex - There are no issues with transit passages through the Bosphorus and Dardanelles straits, which are the most important routes for transporting oil from the...

Property Sales in England Surge Ahead of Stamp Duty Increase

According to Zoopla's data, as buyers rush to avoid an increase in stamp duty starting next April, agreed property sales in England rose by nearly a third compare...

ECB/Makhlouf: Uncertainty for Rate Setters is Currently Higher than During the Quarantine Period

Forex - Gabriel Makhlouf, Governor of the Central Bank of Ireland and a member of the ECB's Governing Council, stated that policymakers currently face more uncert...

News Corp to Sell Foxtel to British DAZN for $2.1 Billion

News Corp and telecommunications company Telstra have agreed to sell Australian cable and broadcasting company Foxtel to British sports platform DAZN. The struggl...

Administrative Fines Imposed by the Ministry of Trade Increased by 43.93%

Forex - Administrative fines applied in the audits of the Ministry of Commerce will increase by 43.93% starting from January 1, 2025.

According to the statement...

Akın Tekstil Halts Garment Production at Lüleburgaz Factory, Dyeing and Weaving Activities Ongoing

Foreks - Akın Tekstil announced that only ready-made clothing production activities have been halted at its factory located in the Lüleburgaz district of Kırklare...

Market Outlook: China Set to Experience Significant Policy Changes

Forex - Lazard's head market strategist Ronald Temple predicted that China will be the country experiencing the most significant policy changes next year, potenti...

Gold Prices Rise Supported by Short Position Covering

Forex - Gold rose this morning with support from buying aimed at closing short positions following the losses experienced last week due to the Fed's cautious stan...