CATL to Focus on Developing Electric Grid Systems and Electric Vehicle Platforms

Foreks - CATL's billionaire founder Robin Zeng aims to reinvent the world's largest battery manufacturer as a green energy provider, looking to disrupt the indust...

Market Overview: Iron Ore Rises as Weak Credit Data Overshadows China's Stimulus Hopes

Iron ore futures rose for a second consecutive session as hopes for more financial support for China's real estate sector overshadowed weak credit lending data. T...

TANKER REPORT - 15 Tankers to Transit the Dardanelles and Bosphorus Today

There are no issues with transit passages through the Dardanelles and Bosphorus Straits, which are the most important routes for transporting oil from the countri...

Market Outlook: Copper Declines Amid Strong Dollar and Weak Chinese Demand

Forex - Copper prices declined, following a strengthening dollar and quiet demand expectations in China.

Three-month copper on the London Metal Exchange (LME) f...

TANKER REPORT - 30 Tankers Docked at Black Sea Ports

In the Black Sea ports, a total of 30 tankers are present, marking the first step for the oil arriving in the region to reach the world through the Istanbul and Ç...

TANKER REPORT - A Tanker Departs from Ceyhan BTC Port

A tanker has departed from the Ceyhan BTC Terminal, which is the second step in delivering oil from Azerbaijan via the Baku-Tbilisi-Ceyhan (BTC) pipeline to count...

MARKET OUTLOOK - Nomura Predicts Another Rate Cut by Thailand's Central Bank This Year

Forex - Nomura economists predict that the Bank of Thailand (BoT) may cut the policy rate by an additional 25 basis points to 2.0% in December, following the rate...

MARKET OVERVIEW - Signs of Improvement in China's Real Estate Market

Forex - Nomura analysts have indicated that China's real estate market is showing signs of recovery, and the confidence of home buyers continues to improve. Accor...

New Findings Reveal Turkey's Increasing Share in the EU Market Across Multiple Sectors

Foreks - A recent blog post indicated that Turkey has significantly increased its share in the European Union (EU) market, and this growth has spread across multi...

TZOB/Bayraktar: Wheat Planting Halted Due to Drought

Forex - The President of the Turkish Union of Agricultural Chambers (TZOB), Şemsi Bayraktar, evaluated the impacts of climate change on agricultural production in...

WGC: Gold's Pullback Likely Temporary

Forex - Since Trump's election victory, the gold rally has halted, and investors have turned to profit-taking. As investors shift back to stocks and cryptocurrenc...

China Intensifies Engagement with Global Bankers to Boost Market Confidence

Forex - China's securities regulator has increased the frequency of its interactions with global banks, intensifying discussions that typically occur quarterly in...

Nomura Expects Stronger GDP Growth in China by Q4 2024

Forex - Nomura economists forecast that China will experience stronger GDP growth in the fourth quarter as the authorities' stimulus efforts begin to yield result...

U.S. Consumer Inflation Expected to Accelerate in October

Forex - Attention in global markets is focused on the U.S. today, where the consumer price index for October will be announced. Economists predict a strong incre...

Kazaks: ECB Should Continue to Gradually Lower Interest Rates

Forex - According to Martins Kazaks, a member of the ECB Governing Council and Governor of the Bank of Latvia, the European Central Bank should continue to gradua...

MARKET OVERVIEW - China's Real Estate Market Shows Signs of Recovery

According to a research note by Nomura analysts Jizhou Dong and Riley Jin, the Chinese real estate market is showing signs of recovery as homebuyer confidence con...

If OPEC Eases Voluntary Production Cuts, Oil Could Drop to $40 by 2025

Market observers forecasting a decline in crude oil prices for the upcoming year have indicated that if the oil alliance OPEC+ eases its current production cuts, ...

The Upward Surge on Wall Street Comes to an End After 5 Days

Forext - Stocks on Wall Street ended the rally that began after Trump's electoral victory. The S&P 500 turned lower following its biggest five-day gain in a year....

Volkswagen Increases Investment in Joint Venture with Rivian Automotive

Volkswagen Group has increased its planned investment in the joint venture with electric vehicle manufacturer Rivian Automotive. In a joint press release on Tuesd...

Job Listings Decline in Australia

In October, the number of job advertisements in Australia showed a decline compared to the previous month. According to the Labor Market Information Portal (LMIP)...

Wholesale Goods Inflation Accelerates in Japan

Forex - Japan's wholesale goods inflation accelerated in October, driven by a drop in the yen that raised import costs for certain goods, increasing uncertainty a...