Gloomy Outlook for the US Economy: Projections from JP Morgan and Morgan Stanley

JPMorgan (JPM) forecasts a slight slowdown in US economic growth, a limited increase in unemployment, and core PCE inflation remaining above 2% for 2025. The bank...

Interest Rate Uncertainty in the U.S., Barclays' Pound Forecast, and IMF's Commentary on South Korea: What's Happening in Global Markets?

Economic uncertainties and geopolitical developments are drawing attention worldwide. While discussions continue over interest rate cuts in the U.S., the British ...

Market Outlook: If Inflation in the UK Remains Above 2%, BoE May Be Less Eager to Cut Rates

Suren Thiru from the Institute of Chartered Accountants in England and Wales stated that a significant increase in inflation in the UK could lead to a more cautio...

Xiaomi's Q3 2024 Revenue Surges 30.5% Year-over-Year to 92.5 Billion RMB

Xiaomi has announced its revenue for the third quarter of 2024. The adjusted net profit reached 6.3 billion RMB, maintaining high levels from previous periods, wh...

Economists Predict Return to Parity Between Euro and US Dollar

Forex - The potential for a series of new tariffs under the Trump administration has led some economists to predict a return to the euro-US dollar parity. A weak ...

Agricultural Input Price Index Sees Monthly Rise of 1.77% and Annual Surge of 31.83%

Foreks - The Agricultural Input Price Index (Agri-IPI) increased by 1.77% monthly and 31.83% annually.

According to the statement made by the Turkish Statistica...

Annual Increase in Foreign Producer Price Index Reaches 30.70%

Foreks - In October 2024, the Domestic Producer Price Index (YD-ÜFE) showed an increase of 0.09% compared to the previous month, an increase of 23.45% compared to...

In October, 209,401 Vehicles Registered in Traffic

In October, 50.9% of the vehicles registered for traffic were motorcycles, 35.6% were cars, 8.2% were vans, 2.8% were tractors, 1.4% were trucks, 0.7% were minibu...

MARKET OVERVIEW - The Stock Market Kicked Off the Day with a Surge Exceeding Expectations

Forex - The BIST 100 index started the day with an increase of 39.85 points at 9272.75. According to the Forex News survey, the BIST 100 index was expected to sta...

The Renewal Deadline for Old Driver's Licenses Extended to July 31, 2025

The deadline for renewing old-type driver's licenses has been extended to July 31, 2025, following a statement by Interior Minister Ali Yerlikaya. This extension,...

ZÜCDER/Öksüz: Giftware Exports Surge by 200% During Discount Seasons

In November, the giftware export increased by 200% in the household goods sector, which becomes more active during special periods like year-end discounts and New...

Unemployment Rate in Turkey Continues to Decline

The seasonally adjusted unemployment rate was recorded at 8.7% in the third quarter of 2024. According to the results of the Household Labor Force Survey, the num...

Sahibindex: Rental Prices Continue to Decline

In the "sahibindex Rental and Sale Housing Market Outlook" report prepared in collaboration with Bahçeşehir University Economic and Societal Research Center (BETA...

Turkey's Service Production Remains Stable Year-On-Year, Increases Month-On-Month

The service production index data for September has been released by the Turkish Statistical Institute. The obtained data shows that on an annual basis, the index...

Turkish Airlines Revamps Its Travel Kit Concept

Turkish Airlines (IS:THYAO) continues to enhance its achievements with significant innovations while offering its guests a quality travel experience. The global b...

The Short-term Foreign Debt of Banks Approaches $80 Billion

According to data from the Central Bank of the Republic of Turkey (CBRT), by the end of September 2024, the short-term external debt stock of banks increased by 1...

UBS: Gold Set to Reach $2,900 by the End of 2025

According to UBS Group AG, gold is expected to rise to $2,900 per ounce by the end of next year. UBS analysts, including Levi Spry and Lachlan Shaw, mentioned tha...

Polish Presidential Candidate Takes cues from Trump: Mentzen Promises Bitcoin Reserves

Slawomir Mentzen, preparing for the presidential elections in Poland, announced that he would create a Bitcoin reserve if elected. He stated that he shaped this s...

"Claim That Hospital Defrauding SGK Sponsored Erdoğan's US Trip Denied"

The Disinformation Combat Center (DMM) stated that the claim spreading in various media outlets and on social media, stating "The hospital defrauding SGK was a sp...

The First Meeting of the Turkey-Iraq JETCO Mechanism to be Held in Istanbul in December

The first meeting of the Turkey-Iraq JETCO mechanism will be held in Istanbul in December. The Minister of Trade, Ömer Bolat, stated via his X account, "We are in...

Wages in Germany Experience Strongest Surge in 30 Years

According to the Bundesbank, Germany recorded the strongest wage growth in over thirty years in the third quarter, despite the economy slipping into stagnation. I...