The tax package has passed through the Grand National Assembly of Turkey.

The bill containing regulations related to tax and social security was approved in the General Assembly of the Turkish Grand National Assembly (TBMM).

The bill f...

Oil near six-week low

Oil traded near a six-week low ahead of this week’s OPEC+ meeting as positive economic data from China helped ease demand concerns. Brent crude rose above $81 a b...

Harris Donation Record, Trump Winks at Cryptocurrencies

US Vice President Kamala Harris raised $200 million in donations in the week she entered the 2024 presidential race — a sum her campaign communications director d...

Nasdaq 100 on verge of correction, eyes on balance sheets

The rotation, which began with the data released supporting expectations for interest rate cuts in the US and sent the Nasdaq 100 index down 8% in two weeks, has ...

McDonald's sales fall for first time since 2020

McDonald’s Corp. sales fell for the first time since 2020 in the second quarter, falling short of analysts’ expectations for moderate growth. McDonald’s Corp. sal...

Oil falls below $80

Oil fell to a seven-week low ahead of this week’s OPEC+ meeting on concerns about the strength of global demand. Brent crude fell below $80 a barrel for the first...

Two-step trade strategy against Trump scenario in Europe

According to the British Financial Times, if Republican candidate Donald Trump returns to the White House, Brussels will propose a quick deal and then threaten re...

Will the rotation in US stocks continue?

Shares of about 300 companies in the S&P 500 closed higher on Monday. An index tracking the “Magnificent Seven” stocks rose 1 percent, while the Russell 2000, whi...

Microsoft's revenue and profits increased in the quarter

While the revenue of US technology company Microsoft increased by 15 percent in the April-June period, its net profit increased by 10 percent. The increase in clo...

Oil rises on news of Hamas leader killed

Oil rose as the killing of the Hamas leader raised geopolitical risks. Oil rose for the first time in four sessions after Hamas leader Ismail Haniyeh was reported...

Gold rises after political tensions

Gold prices rose after Hamas leader Ismail Haniyeh was killed in an attack at his residence in Tehran.

BOJ raises interest rates for second time since 2007

The Bank of Japan has raised its benchmark interest rate to 0.25 percent in an effort to halt the yen’s slide against the U.S. dollar. The Bank of Japan (BOJ) rai...

New intervention debates

Discussions about intervention continue on the Japanese yen, which gained 2 percent against the dollar on Thursday. The Bank of Japan asked investors about their ...

Bond volatility will rise with Trump, fall with Harris

In addition to the “Trump Trade,” which has been around for a while now, rates strategists at Barclays Plc have now introduced the “Harris Trade.” A research repo...

Interest rate comment from Chicago Fed President Goolsbee

The U.S. economy is on track for 2% inflation, Chicago Fed President Austan Goolsbee said Thursday, adding to his confidence that the time to cut interest rates i...

Oil rises on positive demand signals

Oil rose for a third day on signs of strengthening demand and signals that the Fed is approaching a much-anticipated milestone. Brent crude rose to $86 a barrel a...

IMF: Fed in position to cut interest rates this year

International Monetary Fund (IMF) Spokesperson Julie Kozack said that they continue to predict that the US Federal Reserve (Fed) will be in a position to reduce i...

Fitch expects Fed to cut interest rates in September and December

International credit rating agency Fitch Ratings reported that it expects the US Federal Reserve (Fed) to cut interest rates twice in September and December. In a...

Meta's revenue and profits increased in the second quarter

Meta, the owner of Facebook, Instagram, and WhatsApp, saw its revenue increase by 22 percent and its net profit by 73 percent in the second quarter of this year. ...

Oil rises as geopolitical risks persist

Oil continued to rise after Iran reportedly ordered attacks on Israel in retaliation for the assassination of Hamas leader Ismail Haniyeh on its soil. Brent crude...

Assassination attempt on Trump at his rally

US Republican presidential candidate Donald Trump was injured in his right ear as a result of an explosion resembling a gunshot heard during an election rally in ...