Fed/Schmid: The Massive Surge in Public Debt Will Impact Monetary Policy

Forex - Kansas City Fed President Jeff Schmid stated that the "tremendous" increase in government debt will have an impact on U.S. monetary policy, but he does no...

Cisco Earnings Beat Expectations at $0.04, Profit Surpasses Estimates

According to Cisco's (NASDAQ: CSCO) report, the earnings per share for the first quarter was $0.91, which is $0.04 better than analysts’ expectations of $0.87. Th...

Rail Traffic Volume in the U.S. Rises by 4.5%

Foreks - The total volume of rail transportation in the United States increased by 4.5% in the week ending November 9 compared to the same week last year. Accordi...

Market Summary Insights

Forex -

Summary Information on Markets

• November 13, 2024 -

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,300.30

BIST 100 Daily Change 73.45

BIST ...

Market Outlook: Stocks Finish the Day with Gains

Foreks - The BIST 100 index closed the day with an increase of 73.44 points at 9300.3. According to the Foreks News survey, a decrease of 88.69 points was expecte...

Fed/Logan: Caution Required on Interest Rate Cuts

Foreks - Dallas Fed President Lorie Logan stated that the U.S. central bank should exercise caution regarding further interest rate cuts to avoid inadvertently re...

New Milestone for Bitcoin: Surpassing $91,000

Bitcoin reached a new record level after the release of U.S. inflation data while moving horizontally in the range of $86,000 to $88,000 throughout the day.

The ...

Which Stocks Gained the Most on Borsa Istanbul Today?

The BIST 100 continued its upward trend with positive momentum today.

The BIST 100 index is currently at around 9,370 points, reflecting an increase of approxima...

How Are Markets Reacting After U.S. Inflation?

According to data from the U.S. Department of Labor, the Consumer Price Index (CPI) has increased by 0.2% for the fourth consecutive month. This data aligns with ...

Tower Semiconductor Earnings Beat Expectations at $0.03, But Profits Fall Short

According to Tower Semiconductor's (NASDAQ: TSEM) report, third-quarter earnings per share were $0.57, which is $0.03 better than analysts' expectations of $0.54....

Fed/Kashkari: I'm Confident Inflation is on a Declining Trend

Minneapolis Fed President Neel Kashkari stated that he is confident inflation is moving downward, noting that today's data "supports" this downward trend. In an i...

German Economic Experts Council Downgrades 2024 and 2025 Forecasts

The Council of Economic Experts for Germany has lowered its growth forecasts for the largest economy in Europe for 2024 and 2025, stating that Germany will contin...

The Memecoin Front is Buzzing: Critical Developments in Dogecoin and Robinhood

The volatility in the cryptocurrency market has drawn the attention of South Korean investors to Dogecoin, the largest memecoin by market capitalization, resultin...

Consumer Prices in the U.S. Align with Expectations

Forex - In the United States, consumer inflation for October matched market expectations both on a monthly and yearly basis. According to data from the U.S. Depar...

STOCK VALUATION - Alnus Investment Raises Target Price for PGSUS-Pegasus from 304 TL to 350 TL, Maintains "Buy" Recommendation

Forex -

Glencore and Chandra to Supply 20% of Shell's Refinery Production

As a strategic move, Glencore and Chandra Asri have established a new business unit to manage the Shell Singapore refinery they acquired. The joint venture, named...

US Inflation Data Released

The inflation data for the United States (US) for October has been released. The annual Consumer Price Index (CPI) came in at 2.6%, aligning with expectations. Mo...

German BioNTech Acquires Chinese Biotechnology Firm Biotheus

German BioNTech (NASDAQ:BNTX) will acquire the Chinese biotechnology company Biotheus for approximately $1 billion.

Gold and Silver Market Sees Transactions of 1,194 kg of Gold and 3,511 kg of Silver Today

Forex -

Bitcoin Mining Revenues Continue to Surge: Massive Increase in US Mining Shares

Bitcoin's price is reaching new heights while miners are also increasing their profits. The SHA256 hashrate value has climbed to 1 petahash (PH/s) per second, mar...

Pegasus/Ozturk: Our Fleet Expansion Will Continue

Foreks - Güliz Öztürk, CEO of Pegasus Airlines (IS:PGSUS), stated to Bloomberg HT, "In the last quarter, 6 more planes are arriving. By the end of 2029, 52 more a...