News

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04 Apr 2025 04:01

Ethiopia has reached a preliminary agreement with creditors regarding its debt default.

Daily News

Ethiopia's finance minister announced that the country has reached a preliminary agreement with its official creditors regarding its debt default. The minister ma...

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04 Apr 2025 04:01

EU's Defense Spending Plan Will Not Affect AAA Credit Rating - Fitch

Daily News

According to Fitch Ratings, the European Union's (EU) plan to increase defense spending will not lead to a downgrade in its AAA credit rating despite additional d...

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04 Apr 2025 04:01

Goldman Sachs: "The Central Bank of the Republic of Turkey (CBRT) aims to limit the exit from Turkish lira deposits."

Daily News

Goldman Sachs (GS) noted that the Central Bank of the Republic of Turkey (CBRT) aims to limit outflows from Turkish lira deposits. The report prepared by economis...

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04 Apr 2025 04:01

The Central Bank of Serbia kept interest rates unchanged despite political tensions.

Daily News

The National Bank of Serbia has decided to keep its benchmark interest rate at 5.75% for the sixth consecutive month, despite ongoing political protests and persi...

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04 Apr 2025 04:01

MARKET OVERVIEW - Although copper has retreated from $10,000, it is still up 1.1% on a weekly basis.

Daily News

Foreks - While basic metal prices are falling, the three-month copper on the LME decreased by 0.55% to $9,855 per metric ton, and the three-month aluminum dropped...

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04 Apr 2025 04:01

Turkey Requests Extension of Waiver from the U.S. for Russian Natural Gas Imports

Daily News

Investing.com -- According to Bloomberg's report on Thursday, Turkey is making efforts to extend the exemption it received from the United States, allowing it to ...

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04 Apr 2025 04:01

The net foreign exchange position of non-financial firms recorded a deficit of 148 billion dollars in January.

Daily News

According to the Central Bank data, the net foreign currency position of non-financial firms recorded a deficit of $148 billion in January. An analysis of the Cur...

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04 Apr 2025 04:01

State Street maintains authority over a $52 billion Swiss pension fund.

Daily News

State Street Corp. will continue its role as the custodian bank for a $52 billion Swiss pension fund after lawmakers rejected proposals to restore local control. ...

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04 Apr 2025 04:01

A Ukrainian official denied the claims of Russia's attack on gas stations.

Daily News

U Investing.com — Andriy Yermak, Chief of Staff to the President of Ukraine, dismissed allegations on Friday that Russia attacked Ukraine's Sudzha gas pumping and...

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04 Apr 2025 04:01

MARKET OVERVIEW - The spot electricity price has reached 2,104.99 TL/MWh.

Daily News

On March 14, the arithmetic average of electricity consumption prices in the Day-Ahead Market (DAM) operated by Foreks - Energy Markets Operations Inc. (EPİAŞ) re...

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04 Apr 2025 04:01

MARKET OVERVIEW - No cotton transactions occurred in ITB.

Daily News

No cotton transactions took place at the İzmir Commodity Exchange, according to information compiled by Foreks News from the exchange's bulletin. For 41 color cot...

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04 Apr 2025 04:01

Ushakov: A temporary ceasefire is nothing more than giving Ukraine a chance to catch its breath.

Daily News

Kremlin advisor Yuri Ushakov stated that the proposed ceasefire between Ukraine and Russia would provide Ukrainian forces with merely a breathing space. In commen...

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04 Apr 2025 04:01

Minister Bolat: "The positive outlook in the Turkish economy continues with a focus on production, investment, employment, and exports."

Daily News

Trade Minister Ömer Bolat, in a statement made via the X platform, evaluated the increase in the consumer confidence index, noting that positive developments in m...

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04 Apr 2025 04:01

Paccar and Cummins Stocks Drop Amid EPA Regulation Concerns

Daily News

Leading truck manufacturers Paccar (NASDAQ:PCAR) and Cummins (NYSE:CMI) saw their stock prices drop by 5.3% and 3%, respectively, in the latest trading sessions f...

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04 Apr 2025 04:01

Basler shares remained stable following mixed Q4 results.

Daily News

Basler shares remained unchanged today following the release of the company's mixed fourth-quarter financial results. The German technology firm reported revenues...

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04 Apr 2025 04:01

The Binance research team explained the causes and effects of the February crash in the crypto market.

Daily News

Binance Research has released its cryptocurrency market analysis report for February 2025. The report highlights that despite a significant drop in overall market...

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04 Apr 2025 04:01

The delay in the EU's proposal for the 2040 climate target has been confirmed.

Daily News

Investing.com — The European Commission spokesperson confirmed that the climate targets proposal set for the European Union in 2040 will not be completed in the f...

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04 Apr 2025 04:01

The Central Bank of the Republic of Turkey's foreign currency reserves increased by 3 billion dollars.

Daily News

Foreks - The Central Bank of the Republic of Turkey (CBRT) has seen an increase in foreign exchange reserves after two consecutive weeks of decline. According to ...

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04 Apr 2025 04:01

BofA: Investors are ignoring the risks that a full-blown trade war would pose to stocks.

Daily News

Michael Hartnett from Bank of America stated that investors are overlooking the risks a full-blown trade war poses to equities, while a "monster" capital flow con...

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04 Apr 2025 04:01

Lockheed Martin shares rose ahead of the fighter jet announcement.

Daily News

Lockheed Martin (NYSE:LMT) shares rose by 2.25% as the White House is expected to make a significant announcement regarding the next-generation fighter jet contra...

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