Yen hits lowest level since 1990
Daily NewsThe yen has reached its weakest level since 1990, raising expectations for intervention. The Japanese yen hit its weakest level against the dollar in nearly 34 ye...
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The yen has reached its weakest level since 1990, raising expectations for intervention. The Japanese yen hit its weakest level against the dollar in nearly 34 ye...
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The Fed's Beige Book report stated that the economy has grown moderately since the beginning of the year, while consumers' sensitivity to rising prices has increa...
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Within the scope of additional tightening steps supporting the tight monetary policy stance of the Central Bank of the Republic of Turkey (TCMB), a required reser...
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The US foreign trade deficit increased by 5.1 percent on a monthly basis in January, reaching $67.4 billion. The US Department of Commerce announced foreign trade...
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Fed Chair Jerome Powell stated that in order to begin cutting interest rates, they want to be sure that inflation has fallen to target and said, “When we gain tha...
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Nomura expects the yen to strengthen against the dollar later this year. “We think the yen should get back to 140 against the dollar,” Willcox, head of trading an...
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The real estate crisis in China is having a negative impact on the balance sheets of the country’s major banks. The real estate crisis in China is having a negati...
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The banking sector's profit in the US decreased by approximately 44 percent in the fourth quarter of 2023 compared to the previous quarter, falling to $38.4 billi...
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Investors crowding into top-performing stocks increases the risk of a correction, according to JPMorgan’s global equity strategist. The clustering of investors in...
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Oil rose after services were briefly suspended on the Keystone pipeline, a key conduit that carries Canadian crude to the U.S. Brent crude futures rose above $83 ...
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Oil climbed on a quarterly rally on expectations that OPEC+ supply cuts will tighten the global market. U.S. crude rose to $82 a barrel after a modest two-day dec...
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The Fed’s Mester said the bigger danger is cutting rates too quickly. Cleveland Fed President Loretta Mester worries about keeping rates high for too long rather ...
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German Central Bank President and European Central Bank Governing Council Member Joachim Nagel has predicted the possibility of a rate cut before the summer holid...
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Japan avoided a technical recession as revised fourth-quarter data showed the economy grew by 0.4 percent. Japan avoided a technical recession on Monday after rev...
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The US economy grew by 3.4 percent in the fourth quarter of 2023, above expectations. Market expectations were that the economy would grow by 3.2 percent in the f...
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Following the latest data, economists say the risk of the Fed cutting interest rates later and by less is decreasing. Following Fed Chair Jerome Powell’s statemen...
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The total deposits of the banking sector increased by 79.3 billion Turkish lira in the week ending March 22 compared to the previous week, reaching approximately ...
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Oil fell ahead of U.S. inflation data and reports from OPEC and the IEA that could provide clues about the demand outlook this week. Brent futures fell 1.1 percen...
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Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, has been sentenced to 25 years in prison in a criminal case charged with fraud and m...
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International credit rating agency Fitch Ratings has upgraded Turkey’s credit rating from “B” to “B+”, while changing the outlook from “stable” to “positive”. Fit...
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Oil eked out a quarterly gain as OPEC+ restrictions tightened the market. Oil rose 16% in the quarter in the latest sign that export curbs by OPEC and its allies ...
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