US budget deficit hits $296 billion in February
Daily NewsThe US federal government's budget deficit increased by 13 percent in February compared to the same month the previous year, reaching $296 billion. The US Treasur...
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The US federal government's budget deficit increased by 13 percent in February compared to the same month the previous year, reaching $296 billion. The US Treasur...
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Core inflation in the US exceeded estimates for the second month, confirming the Fed’s cautious interest rate cut view. Inflation in the US was 0.4 percent monthl...
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As Bitcoin prices continue to rally, Bitcoin miners’ daily earnings have also hit an all-time high. As the price of the largest cryptocurrency asset continues to ...
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Strategists at JPMorgan and Bank of America (BofA) have diverged in their expectations for the S&P 500. Strategists from the two major banks have offered opposing...
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The European Central Bank (ECB) is inclined to keep the reserve ratio that Eurozone banks must park at the ECB without interest. According to sources familiar wit...
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Gold bounced after eight straight days of gains as investors watched Tuesday’s consumer price index statement for clues about when the U.S. Federal Reserve might ...
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Oil is set to ease ahead of the OPEC monthly report and US inflation data. Oil is trading flat after a three-day slide ahead of a raft of market reports and US in...
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International credit rating agency Fitch Ratings has upgraded Turkey’s credit rating from “B” to “B+”, while changing the outlook from “stable” to “positive”. Fit...
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Oil fell ahead of U.S. inflation data and reports from OPEC and the IEA that could provide clues about the demand outlook this week. Brent futures fell 1.1 percen...
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Following the latest data, economists say the risk of the Fed cutting interest rates later and by less is decreasing. Following Fed Chair Jerome Powell’s statemen...
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Japan avoided a technical recession as revised fourth-quarter data showed the economy grew by 0.4 percent. Japan avoided a technical recession on Monday after rev...
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German Central Bank President and European Central Bank Governing Council Member Joachim Nagel has predicted the possibility of a rate cut before the summer holid...
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The Fed’s Mester said the bigger danger is cutting rates too quickly. Cleveland Fed President Loretta Mester worries about keeping rates high for too long rather ...
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Oil rose after services were briefly suspended on the Keystone pipeline, a key conduit that carries Canadian crude to the U.S. Brent crude futures rose above $83 ...
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The banking sector's profit in the US decreased by approximately 44 percent in the fourth quarter of 2023 compared to the previous quarter, falling to $38.4 billi...
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Fed Chair Jerome Powell stated that in order to begin cutting interest rates, they want to be sure that inflation has fallen to target and said, “When we gain tha...
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The US foreign trade deficit increased by 5.1 percent on a monthly basis in January, reaching $67.4 billion. The US Department of Commerce announced foreign trade...
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Within the scope of additional tightening steps supporting the tight monetary policy stance of the Central Bank of the Republic of Turkey (TCMB), a required reser...
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The Fed's Beige Book report stated that the economy has grown moderately since the beginning of the year, while consumers' sensitivity to rising prices has increa...
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Oil held at its highest level since November, buoyed by strong U.S. gasoline demand and signs the Federal Reserve will cut interest rates this year. Brent crude t...
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Minneapolis Fed President Neel Kashkari has signaled that stronger economic data since the beginning of the year could make it appropriate for the Fed to cut inte...
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