Fed/Goolsbee: Interest Rates Will Be Slightly Lower Next Year Than They Are Today

Foreks - Chicago Fed President Austan Goolsbee reiterated his support for further interest rate cuts and indicated that he is open to gradual reductions. "In my v...

Gold Continues to Rise, Supported by Safe-Haven Demand

Forex - Gold prices continue to rise, supported by safe-haven demand amid the escalation of the Russia-Ukraine war. Gold gained 4.78% this week, marking its best ...

According to Citigroup, a rate cut by the Central Bank of Turkey is on the table in December.

Foreks - Citigroup economists Ilker Domaç and Gültekin Işıklar highlighted in a report following the Central Bank of the Republic of Turkey's (CBRT) decision to k...

Trump Considers Kevin Warsh for Treasury Secretary and Later as Fed Chair

According to a report based on knowledgeable sources, Donald Trump, the President-elect of the United States, has floated the idea of appointing Kevin Warsh as Tr...

According to Bankers, China's Announced Stimulus Packages Have Yet to Impact Long-Term Investors

Forex - Leading players have indicated that a series of economic stimulus measures in China have triggered a return to the stock market, but private equity and ot...

Jamaica Central Bank Cuts Rates for the Third Consecutive Meeting

Forex - The Bank of Jamaica (BoJ) has implemented a 25 basis point rate cut for the third consecutive meeting. According to the BoJ's announcement, the benchmark ...

Erdemir's Şanlıurfa Solar Power Project Canceled

Foreks - The Erdemir Şanlıurfa solar power project has been canceled. An announcement regarding the matter on the website of the General Directorate of Environme...

Goldman Sachs Sees Short-Term Upside and Medium-Term Downside Risks for Brent Prices

Goldman Sachs reported that it sees upward risks for Brent oil in the short term and downward risks in the medium term. As a short-term risk, Goldman Sachs pointe...

MARKET OUTLOOK: ING Expects BOJ to Raise Interest Rates Due to Accelerating Inflation

Forex - ING economists argue that Japan's inflation data for October shows that overall inflationary pressures remain stronger than expected, increasing the likel...

Moody's Predicts China's Economic Growth Will Slow Down by 2025

Moody's Ratings states that despite supportive measures, China's economic growth is likely to slow down in 2025. Moody's projected that China's fourth quarter GDP...

Headline: Consumer Confidence in the UK Signals a Positive Outlook for Household Spending

Consumer confidence in the UK improved this month, providing a positive sign for household spending ahead of the year-end shopping season. The GfK consumer confid...

US Adds Gazprombank and Other Russian Financial Institutions to Sanctions List

Foreks - U.S. President Joe Biden imposed sanctions on Gazprombank, Russia's third-largest credit institution, along with dozens of other financial entities, as h...

Core Inflation Rises in Japan, Paving the Way for BOJ Interest Rate Hike

Forex - Japan's overall consumer inflation continued to slow in October, but an increase in core price pressures may further pave the way for the central bank to ...

After-Hours Movers: Intuit, NetApp, Ross Stores, GAP

Post-Session Stock Movements:
Intuit (NASDAQ:INTU) dropped 4% following its better-than-expected first-quarter earnings per share announcement, despite providin...

Ross Stores Earnings Beat Expectations by $0.08, But Profits Fall Short

According to the report by Ross Stores (NASDAQ: ROST), the earnings per share for the third quarter were $1.48, exceeding analysts' expectations of $1.40 by $0.08...

NetApp Beats Expectations with $0.09 Earnings, Surpassing Profit Forecasts

According to NetApp's (NASDAQ: NTAP) report, the second-quarter earnings per share stood at $1.87, exceeding analysts' expectations of $1.78 by $0.09. The reporte...

Intuit Beats Expectations with $0.14 Earnings and Record High Profits

According to Intuit's (NASDAQ: INTU) report, the earnings per share for the first quarter was $2.50, which is $0.14 better than analysts' expectations of $2.36. T...

Griffin Indicates Willingness to Sell Citadel's Minority Stake - Reports

The $65 billion asset giant hedge fund Citadel has indicated that it may potentially sell a minority stake in the future. Founder Ken Griffin expressed his openne...

Summit Materials Stock Rises Amid Reports of Nearing Acquisition by Quikrete

According to a report published Thursday afternoon, based on sources close to the matter, Quikrete, a leading producer of packaged concrete and cement mixtures in...

Gaetz Withdraws from Attorney General Candidacy

WASHINGTON - Former Florida Representative Matt Gaetz announced that he has withdrawn his candidacy for the position of Attorney General under President-elect Don...

Summary Insights on the Markets

Forex -

Market Summary Information

• November 21, 2024

Borsa Istanbul Equity Market

BIST 100 Index Closing
9,367.77

BIST 100 Daily Change
335.95

BI...