Fed/Kashkari: A 25 Basis Point Rate Cut in December Seems Reasonable

Forex - Minneapolis Fed President Neel Kashkari stated that he is open to lowering interest rates again next month. Speaking to Bloomberg TV, Kashkari noted, "Thi...

Headline: Gold Stays Flat After Sharp Pullback Experienced Yesterday

Forex - Gold prices are currently moving sideways following a sharp decline from yesterday's three-week high, attributed to significant selling pressure. The comm...

Market Overview: U.S. 10% Tariff Implementation Can Be Balanced by Currency Movements

According to Maybank Investment Banking Group economist Erica Tay, the impact of the additional 10% tariff on Chinese goods entering the U.S. is likely to be mana...

S&P Global Upgrades Credit Rating Outlook for the Philippines

Forex - International credit rating agency S&P Global has affirmed the Philippines' credit rating while upgrading its outlook.

According to a statement from S&P...

Moody's Analytics: Trump's Tariff Statements May Signal Beginning of Further Measures

Foreks - Moody's Analytics economist Harry Murphy Cruise stated that Trump's plan to impose a 10% tariff on China's exports, while lower than previous campaign pr...

ECB/Nagel: A Gradual Approach to Interest Rate Cuts is Essential

Foreks - Bundesbank President and ECB Governing Council member Joachim Nagel stated that Germany has entered a period of economic weakness, but central bank inter...

EU Discusses Imposing Sanctions on Chinese Firms Assisting Russia

The European Union has proposed sanctions against certain Chinese firms accused of assisting Russian companies in the development of drones used against Ukraine. ...

Morning Outlook: Sectoral Inflation Expectations, Fed Minutes, and U.S. New Home Sales in Focus

Forex - Today, there is no significant data expected domestically other than "Sectoral Inflation Expectations." Abroad, in addition to the minutes of the Federal...

California May Exclude Tesla from Proposed Electric Vehicle Discount Program

Forex - Elon Musk's Tesla may miss out on lucrative tax breaks for electric vehicles considered by California's Democratic Governor Gavin Newsom.

The proposals ...

Officials say Israel has finalized ceasefire agreement with Hezbollah in Lebanon - FT

According to a report, U.S. diplomats are attempting to broker a ceasefire agreement to end the conflict that has been ongoing for more than a year between Israel...

Kyrgyzstan Central Bank Keeps Interest Rates Unchanged

Forex - The Central Bank of Kyrgyzstan (NBKR) did not change the policy interest rate in its fourth consecutive meeting. According to the statement from NBKR, the...

GM to Join Formula 1 with Cadillac Brand Starting in 2026

Foreks announced that Formula 1 has approved GM and Cadillac's entry as a new team on the grid. This announcement, part of an application initiated by the racing ...

Israeli Cabinet to Convene Today to Discuss Ceasefire Agreement with Lebanon

According to the spokesperson for the Israeli Prime Minister, the Israeli security cabinet will convene today to discuss the details of a U.S.-backed ceasefire ag...

Kocaer Çelik's 2023 Sustainability Report Released

Foreks - The 2023 Sustainability Report of Kocaer Çelik, one of the strongest companies in the Turkish steel industry with an annual production capacity of 800,00...

TANKER REPORT - Two Tankers Loading at Ceyhan BTC

Foreks - Two tankers are loading at the Ceyhan BTC Terminal, which is the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline in Azerbaijan ...

Market Overview: Iron Ore Rises Amid Increased Steel Production, but Trump’s Tariff Commitment Weighs on the Market

Forex - Iron ore recorded an increase for the second consecutive session despite the limited gains due to newly elected U.S. President Donald Trump's promise to i...

TANKER REPORT - Thirteen Tankers to Transit the Dardanelles and Istanbul Bosphorus Today

Foreks - There are no issues with the transit of oil through the Istanbul and Çanakkale Straits, which are the most important routes for transporting oil from the...

Market Outlook: Copper Drops Amid Strong Dollar and Trump's Tariff Plan

Copper prices dropped due to the strengthening US dollar and the promise made by elected US President Donald Trump to impose higher tariffs on Chinese products. A...

TANKER REPORT - 35 Tankers Currently in Black Sea Ports

In the Black Sea ports, there are a total of 35 tankers, which represent the first leg of reaching global markets via the Istanbul and Çanakkale Straits for the o...

Citi Strategists Suggest Fed Should Pause Interest Rate Cuts

Forex - Citigroup Inc. interest rate strategists stated that the Fed should pause its interest rate cuts. Strategists Jabaz Mathai and Alejandra Vazquez said in a...

VakıfBank Secures $870 Million Sustainability-Focused Syndicated Loan

Foreks - VakıfBank (IS:VAKBN) has secured a total of $870 million in sustainability-themed syndication loans, comprising $518.5 million and €331.4 million from th...