MARKET OUTLOOK - Swiss National Bank Doesn't Need to Cut Rates Significantly

Foreks - In a note written after the Swiss National Bank surprised consensus with a half-point rate cut, Melanie Debono from Pantheon Macroeconomics stated that t...

UBS Prefers GBP, AUD, and CHF; Neutral on JPY, Bearish on CNY

UBS has a positive outlook for the British pound (GBP), Australian dollar (AUD), and Swiss franc (CHF) within the G10 currency group. The financial services firm ...

UBS Expects Decline in Upcoming Data for EUR/JPY and EUR/GBP

UBS has emphasized the importance of upcoming economic indicators rather than the recent European Central Bank (ECB) meeting when sharing its forecasts on the pot...

Citi: Stablecoins Could Strengthen the Dollar's Dominance

A report published by Citi (C) analysts highlights that stablecoins account for more than three-quarters of the cryptocurrency trading volume and are largely pegg...

IEA Raises 2025 Oil Demand Forecast Due to China's Stimulus Packages

The International Energy Agency (IEA) has revised its oil demand projections upward for 2025, citing economic stimulus measures in China. The Paris-based organiza...

London Stock Exchange Sells 4.92% Stake in Euroclear to TCorp for €455 Million

Forex - The London Stock Exchange Group sold its 4.92% stake in the financial services firm Euroclear to TCorp for 455 million euros. Euroclear is a Belgium-based...

TÜSIAD Chairman Turan: The Fight Against Inflation Must Include the Public Sector as Well

Forex - TÜSİAD Chairman Orhan Turan stated that the fight against inflation should be continued in a way that includes the public sector. Turan made the opening s...

BNP Paribas Markets 360 Predicts Euro Will Decline to Parity Against Dollar by 2025

Forex - Sam Lynton-Brown from BNP Paribas (EPA:BNPP) stated that the Euro is expected to continue to decline against the dollar and reach parity by 2025. Lynton-B...

Anadolu Group's New Motor Yacht Brand AIATA Set to Make a Bold Entrance into the Boating Industry

Foreks - Anadolu Group will introduce its new boat brand, AIATA, produced in Turkey, at the 2025 Düsseldorf Boat Show from January 18 to 26. The first model of th...

SNB Board Member Tschudin Sees a Mild Recovery for the Swiss Economy in 2025

Forex - Petra Tschudin, a member of the Swiss National Bank (SNB) Governing Board, stated that the SNB expects a slight increase in the growth rate of the Swiss e...

TÜSİAD YIK Chairman Aras: Steps Taken in Monetary Policy Are Incomplete Without Supporting Structural Reforms

Forex - Ömer Aras, Chairman of TÜSİAD High Advisory Council, stated that the steps taken in the right direction in monetary policy remain insufficient if not supp...

IEA Raises Oil Demand Forecast for 2025

Forex - The International Energy Agency (IEA) has raised its oil demand forecasts for next year citing the impact of China's stimulus measures, but noted that gro...

Yılmaz: Current Account Surplus Continues for the Fifth Consecutive Month

Forex - Vice President Cevdet Yılmaz indicated that the current account balance showed a positive level of $1.9 billion in October, continuing to record surpluses...

Market Outlook: Dollar Could Strengthen After US PPI Data and ECB Interest Rate Decision

Forex - Chris Turner from ING stated that if the data released at 1630 GMT shows that U.S. producer price inflation is higher than expected, the U.S. dollar could...

TANKER REPORT - Transit Passages in the Dardanelles Strait to Resume at 1:00 PM

Due to reduced visibility caused by fog, the Dardanelles Strait, which was closed to transit traffic, will reopen at noon. According to information received, fog ...

IfW Kiel Predicts Economic Slowdown for Germany in 2025

Foreks - The IfW Kiel Institute for the World Economy stated that the German economy is expected to stagnate next year after contracting for two consecutive years...

Electronics Industry Comes Together at TESİD Summit

Forex - The TESİD Summit, organized by the Turkish Electronics Industrialists Association (TESİD) on December 11, aimed to bring together leading figures in the e...

ATO/Baran: Access to Financing is a Challenge for the Business World, KGF Should Be Activated

Forex - The President of the Ankara Chamber of Commerce (ATO), Gürsel Baran, along with ATO Council President Mustafa Deryal, ATO Board and Council Members, hoste...

China Prepares to Launch Nationwide Private Pension System

China, the world's second-largest economy, is facing a rapidly aging population and a dwindling public pension fund, prompting preparations for the rollout of a n...

IDMIB/Karaca: Leather Export Decline Slows, Sector on the Rise

Foreks - The 13th Leather and Fur Fashion Fair, organized by the Turkish Leather Garment Manufacturers Association (TDKD), has opened its doors in Antalya. Despit...

Fidan: We've Reached a Significant Milestone in Resolving Disputes Between Somalia and Ethiopia

Foreign Minister Hakan Fidan noted that an important milestone has been reached in resolving the long-standing disputes between Somalia and Ethiopia.

In a state...