5 Key Auto Stocks to Buy or Avoid for 2025: BofA

BofA Securities notes that European car manufacturers will face price pressures, regulatory hurdles, and competition from Tesla (NASDAQ:TSLA) and Chinese rivals i...

Trump Selects Venture Capitalist David Sacks as "AI and Crypto Czar"

Former President Trump announced that venture capitalist David Sacks will join his administration as the "artificial intelligence and crypto czar." In a statement...

Fitch Warns of Rising Inflation in the U.S. Amid Global Growth Slowdown

Fitch Ratings issued a warning in its December 2024 Global Economic Outlook (GEO) report, indicating that inflation risks in the United States have increased due ...

Argentina's Central Bank Cuts Policy Rate by an Additional 300 Basis Points

Forex - The Central Bank of Argentina (BCRA) has reduced the benchmark interest rate by 300 basis points due to a decrease in inflation expectations. This marks t...

Eli Lilly Invests $3 Billion to Expand Wisconsin Plant

Eli Lilly is allocating an additional $3 billion to boost production while trying to increase the output of some blockbuster drugs and future products. The compan...

US Retail Sales Increased by 3.1% in November

Forex - In the U.S., retail chains saw a 3.1% increase in comparable store sales in November compared to the same period last year. Sales had risen by 6.7% in Sep...

Hewlett Packard Enterprise's Q4 Revenue Surges by 15%

Hewlett Packard Enterprise Company announced on Thursday that its net revenue for the fourth quarter of fiscal year 2024 increased by 15% year-over-year, reaching...

Capital Markets Board Lifts Short Selling Ban on BIST 50 Stocks Effective January 2, 2025

The Capital Markets Board (CMB) has decided to lift the short selling ban in Borsa Istanbul's equity markets, effective from 02/01/2025, limited to the stocks inc...

Japan's Foreign Trade Recorded a Deficit in the First 20 Days of November

Forex - Japan experienced a trade deficit in the first 20 days of November 2024. According to a statement from Japan's Ministry of Economy, the trade deficit decr...

Oil Prices Decline as OPEC+ Extends Production Cuts Amid Weak Demand

Forex - Oil prices fell as the OPEC+ group postponed planned production increases and extended deep production cuts until the end of 2026, focusing on weak demand...

MAPEG Extends the Duration of One Oil Operation License

The General Directorate of Mining and Petroleum Affairs (MAPEG) has extended the duration of an oil operating license jointly owned by Corporate Resources Enerji ...

Wall Street Analysts Race to Reprice S&P 500 Targets

Forex - U.S. stocks are on track to achieve one of the best rallies of a generation post-election, pushing all three major benchmarks to all-time highs and leadin...

Novak: Oil Demand to Increase by 1 Million Barrels Next Year

Russia's Deputy Prime Minister Alexander Novak predicted that global oil demand will increase by 1 million barrels per day (bpd) by 2025. Novak stated that the cu...

Japan Sees Highest Base Salary Increase in 32 Years

Foreks - In Japan, the base salary rose at its fastest pace in 32 years in October, boosting real wages after a two-month decline and statistically supporting the...

According to Wall Street Banks, China's Central Bank Will Implement Its Largest Interest Rate Cuts in a Decade Next Year

According to some Wall Street banks, as policymakers intensify efforts to support growth and halt deflation, the People's Bank of China is expected to implement i...

TANKER REPORT - A Tanker is Loading at Ceyhan BTC, Another has Departed from the Port

Foreks - A tanker is loading at the Ceyhan BTC Terminal, the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline in Azerbaijan to countries ...

RENEWAL: Capital Markets Board Approves Contemporary Glass's IPO Application

The Capital Markets Board (CMB) has approved the initial public offering (IPO) application of Çağdaş Cam Sanayi ve Ticaret AŞ. According to the decision in the CM...

TANKER REPORT - 28 Tankers Found in Black Sea Ports

There are a total of 28 tankers at Black Sea ports, marking the first leg of the journey for oil arriving in the region to reach the world through the Istanbul St...

Market Outlook: Copper Prices Trend Upward, Market Awaits China’s Stimulus Hints

Copper prices rose as market traders looked for more signs of stimulus measures from China, directing weekly gains following a decline in the US dollar.

Three-m...

Market Outlook: Iron Ore Set to Secure Its Third Weekly Gain Amid Strong Demand and Hopes for Stimulus from China

Iron ore prices have headed for a third consecutive weekly gain, bolstered by strong demand stemming from steel manufacturers replenishing their stocks and expect...

TANKER REPORT - 18 Tankers to Transit the Dardanelles and Bosphorus Straits

Foreks - There are no issues with transit passages through the Istanbul and Çanakkale Straits, which are the most important routes for transporting oil from the c...