EU Discusses Imposing Sanctions on Chinese Firms Assisting Russia

The European Union has proposed sanctions against certain Chinese firms accused of assisting Russian companies in the development of drones used against Ukraine. ...

Morning Outlook: Sectoral Inflation Expectations, Fed Minutes, and U.S. New Home Sales in Focus

Forex - Today, there is no significant data expected domestically other than "Sectoral Inflation Expectations." Abroad, in addition to the minutes of the Federal...

California May Exclude Tesla from Proposed Electric Vehicle Discount Program

Forex - Elon Musk's Tesla may miss out on lucrative tax breaks for electric vehicles considered by California's Democratic Governor Gavin Newsom.

The proposals ...

Officials say Israel has finalized ceasefire agreement with Hezbollah in Lebanon - FT

According to a report, U.S. diplomats are attempting to broker a ceasefire agreement to end the conflict that has been ongoing for more than a year between Israel...

Kyrgyzstan Central Bank Keeps Interest Rates Unchanged

Forex - The Central Bank of Kyrgyzstan (NBKR) did not change the policy interest rate in its fourth consecutive meeting. According to the statement from NBKR, the...

GM to Join Formula 1 with Cadillac Brand Starting in 2026

Foreks announced that Formula 1 has approved GM and Cadillac's entry as a new team on the grid. This announcement, part of an application initiated by the racing ...

Israeli Cabinet to Convene Today to Discuss Ceasefire Agreement with Lebanon

According to the spokesperson for the Israeli Prime Minister, the Israeli security cabinet will convene today to discuss the details of a U.S.-backed ceasefire ag...

Kocaer Çelik's 2023 Sustainability Report Released

Foreks - The 2023 Sustainability Report of Kocaer Çelik, one of the strongest companies in the Turkish steel industry with an annual production capacity of 800,00...

TANKER REPORT - Two Tankers Loading at Ceyhan BTC

Foreks - Two tankers are loading at the Ceyhan BTC Terminal, which is the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline in Azerbaijan ...

Market Overview: Iron Ore Rises Amid Increased Steel Production, but Trump’s Tariff Commitment Weighs on the Market

Forex - Iron ore recorded an increase for the second consecutive session despite the limited gains due to newly elected U.S. President Donald Trump's promise to i...

TANKER REPORT - Thirteen Tankers to Transit the Dardanelles and Istanbul Bosphorus Today

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

Market Outlook: Copper Drops Amid Strong Dollar and Trump's Tariff Plan

Copper prices dropped due to the strengthening US dollar and the promise made by elected US President Donald Trump to impose higher tariffs on Chinese products. A...

TANKER REPORT - 35 Tankers Currently in Black Sea Ports

In the Black Sea ports, there are a total of 35 tankers, which represent the first leg of reaching global markets via the Istanbul and Çanakkale Straits for the o...

Citi Strategists Suggest Fed Should Pause Interest Rate Cuts

Forex - Citigroup Inc. interest rate strategists stated that the Fed should pause its interest rate cuts. Strategists Jabaz Mathai and Alejandra Vazquez said in a...

VakıfBank Secures $870 Million Sustainability-Focused Syndicated Loan

Foreks - VakıfBank (IS:VAKBN) has secured a total of $870 million in sustainability-themed syndication loans, comprising $518.5 million and €331.4 million from th...

VakıfBank Secures $870 Million Syndicated Loan

VakıfBank (IS: VAKBN) secured a sustainability-themed syndication loan amounting to a total of 870 million dollars, consisting of 518.5 million dollars and 331.4 ...

MARKET OUTLOOK - Trump's New Tariffs Could Trigger Inflation

Foreks - GSFM strategist Stephen Miller stated that Donald Trump is fulfilling his promise to impose new tariffs on China, Mexico, and Canada early next year. Mil...

Qualcomm Reduces Interest in Acquiring Intel Corporation

According to industry experts, Qualcomm Inc has reduced its interest in acquiring Intel (NASDAQ: INTC) Corporation, which could be one of the largest technology d...

Japan's Core Inflation Measurement Falls to Lowest Level in 30 Months

Forex - The core inflation measurement calculated by the Bank of Japan (BoJ), based on the consumer price data announced by the government, fell to its lowest lev...

Rivian Secures $6.6 Billion Conditional Loan Approval to Build Electric Vehicle Plant in Georgia

Rivian announced that it has received a conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to construct its manufacturing fa...

Threat of US-China Trade War, Price Drops in the UK, Surprise Rate Commentary from Citi: What’s Happening in the Global Economy?

Significant developments are taking place globally regarding economic policies, trade tensions, and currency movements. In the UK, the pace of decline in retail p...