Markets Stabilize After Volatile Week Amid Fed Rate Cut Hopes and Middle East Tensions Global equities ended a volatile week unchanged, recovering from an early sell-off as confidence grew that inflation is cooling, which could lead to Federal Reserve rate cuts. On Wall Street, major indexes rebounded from a sharp Monday drop, though they remained […]
Markets End a Volatile Week on a Calm Note, Stocks Rebound A volatile week in global markets is ending quietly, with light trading and modest movements across stocks, bonds, and currencies. US stocks are recovering from Monday’s selloff, with S&P 500 futures up 0.2%. European stocks also turned positive for the week as investors sought […]
Gold Prices Dip to $2,420 Amid Geopolitical Tensions Gold prices eased to around $2,420 per ounce on Friday, following a nearly 2% rise in the previous session. Despite the dip, the metal continues to be supported by ongoing geopolitical tensions and expectations of a potential Federal Reserve rate cut. Escalating conflicts, including anticipated retaliatory strikes […]
Global Markets Volatile Amid Central Bank Policy Uncertainty European stocks declined and US futures fluctuated as global markets continued to experience volatility due to ongoing debates about central bank policy decisions. The Stoxx Europe 600 index reversed Wednesday’s gains, dragged down by technology and mining shares, while US futures swung between gains and losses. Japanese […]
OIL HOLDS RECOVERY RALLY AS MARKET WAITS FOR IRAN RETALIATION Oil steadied after its biggest advance in a week, with the market on edge over a possible retaliatory strike by Iran on Israel as payback for assassinations of Hamas and Hezbollah leaders. Brent futures traded near $79 a barrel after rising 2.4% on Wednesday, while […]
German Industrial Production Declined Above Expectations… *De Guindos from the European Central Bank (ECB) said, “We saw stagnation or negative growth in the third quarter and we expect this to continue in the fourth quarter. “The ECB will continue to take a data-dependent approach to future monetary policy.” He made a statement. *FED’s Kashkari said in an […]
German Economy Contracted in the 3rd Quarter… *Kazimir from the European Central Bank (ECB) said in his speech: “We will have to stay at the top for the next few quarters, bets that interest rate cuts will occur in the first half of next year are completely wrong. “Upside risks to inflation have not yet completely […]
US PCE Price Index Came in Line with Expectations… *Chevron company announced a decrease in its third quarter profit despite the increase in oil prices. While the oil giant company announced a profit per share of $ 5.78 in the same period last year, this year it announced a profit per share of $ 3.48. *The […]
ECB Left the Interest Rate Fixed… *The European Central Bank (ECB) did not change the policy rate as expected at its meeting today and decided at 4.50%. In her speech after the decision, ECB President Lagarde said that the economy will probably continue to remain weak in the coming months, there are signs that the labor […]
FED and ECB Presidents Will Speech… *Seasonally Adjusted Real Sector Confidence Index for October, which we follow today in Turkey, increased from 105.1 to 105.3. From other data, the Service Sector Confidence Index increased from 113.0 to 113.6, while the Retail Trade Sector Confidence Index decreased from 117.7 to 113. *IFO Business Environment Index for October, […]