Overview The US Federal Reserve’s next week policy meeting will most likely bring about a second cut in interest rates this year. The cut largely expected to be again at 25 basis points- although some market-watchers put their bets on...
The expiration of more than 50 percent of Chicago Mercantile Exchange bitcoin futures contracts on August 30 led to price volatility in the crypto markets. In anticipation of the expiration, Bitcoin’s price saw a price point below $ 9,500 for the first time since July as it has lost lost even more during the following sessions. Although the CME expiration of contract may not have been a direct cause that triggered the drop, it nonetheless was a major contributor. 
Overview US President Donald Trump on Friday announced that he and a Chinese delegation reached the first phase of a what he called a “preliminary” deal to end their trade war. President also suspended his long-threatened tariff hikes on at least...
Markets went through a swing amid global political uncertainties and various economic data. One of the closely followed events in the week will be the Fed annual Jackson Hole Policy Symposium scheduled August 23. The Fed Chair Powell will provide remarks on the future monetary policy.
Overview President Recep Tayyip Erdogan made statements about the economy in Istanbul at the weekend.Erdogan said that: "Interest rose to 40%. We dismissed the Governor of the Central Bank. With our new Governor of the Central Bank, the interest rate...
Overview The US Labor Department’s monthly jobs report on Friday showed an increase of 136,000 in nonfarm payrolls last month, that was less than the August figure but still below the estimated 145K. The data also showed the unemployment rate...
Turkey is facing several crises stemming from multiple fronts, particularly with its western allies. The first and foremost issue entangling the country’s already fragile economy is the threat of devastating US sanctions in response to Ankara’s purchase of S-400 missiles from Russia.
Markets around the globe have been awaiting what will come next after US President Donald Trump and his Chinese counterpart Xi Jinping agreed to a second ceasefire at their G20 summit meeting. Read more to find out how the meeting has influenced major world currencies.
Weekly look at Commodities US President Donald Trump announced on Friday that his administration was retaliating against China’s move to increase tariffs on American products with increasing tariffs on Chinese goods. Trump tweeted that tariffs on the existing 250 billion dollars-worth...
Weekly look at Commodities The United Federal Reserve cut during its October meeting interest rates for the third time this year. The federal funds rate was lowered by 25 basis points to between 1.5% and 1.75%. The Fed’s decision or “insurance...

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