Costco Continues to Grow Sales Amid Uncertain Consumer Environment

Costco, one of the leading wholesale retailers in the U.S., reported financial results in the first quarter that slightly exceeded expectations due to increasing ...

Trump's Team Evaluates Options, Including Preemptive Airstrikes, to Prevent Iran from Developing Nuclear Weapons

According to WSJ, the new President of the United States, Donald Trump, is evaluating options to change the long-standing policy of containing Tehran through dipl...

Musk Relocates SpaceX Headquarters to Texas

Forex - Elon Musk announced via the social media platform X that SpaceX's headquarters will now officially be located in the city of Starbase, Texas. In July, Mus...

Broadcom Surpasses Analyst Expectations with Strong Earnings, Q1 Projections Also Exceed Estimates

Broadcom reported financial results for the fourth quarter that exceeded analysts' expectations. The chip manufacturer announced that its fourth-quarter revenue r...

Ağaoğlu Real Estate Investment Trust to Go Public

Forex - Burak Kutluğ, CEO of Ağaoğlu Group, announced that the group's real estate company will transition into Ağaoğlu REIT and go public. Kutluğ stated, "If eve...

Turkish Citizens Spent $1.7 Billion on Overseas Real Estate Acquisition in the First 10 Months of the Year

In the first 10 months of the year, Turkish citizens spent 1.7 billion dollars, approximately 61 billion TL, on acquiring real estate abroad. This means that an a...

Consumer Confidence in the UK Sees a Slight Uptick

Forex - Consumer confidence in the UK saw a slight increase in November, but the data indicated that household spending would not provide significant support for ...

Deutsche Bank: We Don’t Expect Rate Cuts at Every Meeting in 2025, But Anticipate a Total Drop of 20 Basis Points

According to Christian Wietoska, the Research Director for Eastern Europe, the Middle East, and Africa at Deutsche Bank, the Turkish Lira is expected to stand out...

MARKET OVERVIEW - China's Continued Efforts to Boost Domestic Demand Likely

Bank of America economists Helen Qiao and Xiaoqing Pi stated that China will continue its efforts to boost domestic consumer demand in 2025. The economists noted ...

Canada Considering Export Tax on Certain Commodities to the U.S.

According to an informed source, the Canadian government is considering implementing export tariffs on certain commodities to the United States if President Donal...

Trump's Trade Advisor Navarro Warns Against China's Currency Manipulation

Forex - Peter Navarro, President Trump's senior advisor for trade and manufacturing, stated that the new administration will not view any attempts by China to man...

Peru Central Bank Holds Interest Rates Steady Amid Rising Inflation

Forex - The Central Reserve Bank of Peru (BCRP) did not change the benchmark interest rate following the acceleration of both headline and core inflation.

Accor...

Trump's Advisors Seek to Downsize or Eliminate Bank Regulators

According to a report based on knowledgeable sources, President-elect Donald Trump's transition team is exploring ways to significantly reduce, consolidate, or ev...

Pakistan Stock Exchange Prepares to Launch Cash-Settled Futures Contracts

The Pakistan Stock Exchange (PSX) is preparing to launch cash-settled futures contracts following tests scheduled to be conducted by March. The newly appointed Ma...

Market Outlook: Tankan Survey Indicates Limited Signs of Recovery in Japan

Foreks - Capital Economics stated that the moderate increase in business conditions observed in the Bank of Japan's Tankan survey indicates that a significant reb...

SEC Accuses Cantor Fitzgerald, Founded by Trump’s Commerce Secretary Pick Lutnick, of Violating Securities Laws

The U.S. Securities and Exchange Commission (SEC) has accused global financial services firm Cantor Fitzgerald of violating laws related to regulatory disclosures...

A Small Group of Members Calls for a 50 Basis Point Rate Cut at the ECB Governing Council

Forex - Some policymakers from the European Central Bank reportedly expressed concern that new U.S. tariffs could hinder economic growth and called for a rate cut...

ECB Plans Interest Rate Cuts in January and March

Forex - European Central Bank policymakers plan to lower interest rates by a further quarter point in January and possibly in March if inflation stabilizes at the...

Japanese Business Climate Shows Slight Improvement

Foreks - Sentiment among large Japanese manufacturers showed a slight improvement in the last quarter of the year, reaching its highest level since March 2022. T...

Post-Market Movers: Broadcom, Costco, EVgo, Candel Therapeutics

Post-Session Stock Movements: Broadcom (NASDAQ:AVGO) rose by 2.5% following the announcement of robust fourth-quarter results and first-quarter revenue guidance t...

Bank of Nova Scotia Granted Approval to Acquire Up to 15% of KeyCorp Shares

The Federal Reserve Board approved the application of The Bank of Nova Scotia (BNS), located in Toronto, Canada, to acquire up to 14.99% of the voting shares of K...