Qatar Central Bank Cuts Interest Rate by 30 Basis Points

Forex - The Qatar Central Bank (QCB) has reduced the policy interest rate by 30 basis points. According to a statement from the QCB, the benchmark repo rate has b...

UAE Central Bank Cuts Interest Rates by 25 Basis Points

Forex - The Central Bank of the United Arab Emirates (CBUAE) has lowered the policy interest rate by 25 basis points. According to the announcement from CBUAE, th...

Cleveland Fed President Casts Vote to Keep Interest Rates Steady at FOMC Meeting

Cleveland Fed President Beth Hammack opposed the Federal Reserve's decision to cut interest rates by a quarter point, expressing a preference to maintain rates be...

Bahrain Central Bank Cuts Interest Rate by 25 Basis Points

Forex - The Central Bank of Bahrain (CBB) has reduced its policy interest rate by 25 basis points. According to a statement from the CBB, the overnight deposit ra...

Fed Cuts Interest Rates Again, but Signals More Doubt Ahead

Forex - The Fed has once again lowered interest rates. It accepted a reduction of a quarter of a point but showed more signs of skepticism regarding how much and ...

Fed Officials Upgrade Growth Forecasts for This Year and Next

Forex - Federal Reserve officials have revised their growth expectations upward for this year and the next; while the median interest rate forecast remains unchan...

TANKER REPORT - 41 Tankers Currently in Black Sea Ports

According to a report prepared by Tribeca Maritime Services and shared via email, a total of 41 tankers are currently in the Black Sea, which serves as the first ...

TANKER REPORT - A Tanker is Loading at Ceyhan BTC

A tanker is loading at the Ceyhan BTC Terminal, which is the second step in delivering oil from Azerbaijan via the Baku-Tbilisi-Ceyhan (BTC) pipeline to countries...

Nippon Steel and Sojitz to Acquire 49% Stake in Champion Iron's Canadian Project

Champion Iron, the Australian company, has announced the acquisition of a 49% stake in the Kami project in Canada from Japanese steel producer Nippon Steel and tr...

TANKER REPORT - Dardanelles and Bosphorus Straits Closed to Transit Traffic

Foreks - Due to dense fog, transit passages through the Istanbul and Çanakkale Straits, which are among the most important routes for transporting oil from the co...

FOREX NEWS SURVEY - Economists Expect TCMB to Cut Rates by 150 Basis Points This Month

Foreks - Foreks News Central Bank of the Republic of Turkey (CBRT) interest rate survey results are out. The median expectation for the Monetary Policy Committee ...

MARKET OVERVIEW - Base Metals Decline as Fed Signals Fewer Rate Cuts in 2025

Forex - Base metal prices fell after the U.S. Federal Reserve indicated it would reduce the frequency of interest rate cuts for the next year, which supported the...

PASHA Bank Launches New VDMK Issue for the Automotive Sector

Since 2020, PASHA Bank has been enhancing investor satisfaction with its alternative investment instrument, Asset-Backed Securities (ABS). This time, the bank has...

Market Overview: Iron Ore Dips to One-Month Low Amid Concerns Over Chinese Demand and Fed's Cautious Outlook

Iron ore prices have fallen to their lowest level in nearly a month, pressured by concerns over demand outlook in China and the Federal Reserve's potential intere...

Ministry of Trade: $5.2 Billion Worth of Imported Products Inspected with TAREKS

According to the Ministry of Trade, 3.6 million applications for the import of industrial products made to TAREKS in the first 11 months of 2024 were processed th...

Aegean Seafood Exporters Association/Crete: Our Fish Exports to the USA Accelerate via Air Cargo

Foreks - The Turkish Tastes TURQUALITY Project, initiated five years ago by the Aegean Exporters' Associations with the support of the Ministry of Trade, aims to ...

Car Sales in Europe Declined in November

Forex - Growth in new car sales in Europe turned negative again in November following insufficient growth in October, due to sharp declines in France and Italy an...

Doğanlar Furniture: Committed Steps Towards a Sustainable Future

Foreks - Doğanlar Mobilya Grubu (IS:DGNMO), a pioneer in the furniture sector, has published its first sustainability report. This comprehensive report transparen...

EU Continues to Pressure Apple to Make iPhone Operating System More Accessible to Competitors

The European Commission continues to pressure Apple (NASDAQ:AAPL) to open its iPhone operating system more to competitors. The Commission has instructed Apple to ...

Oil Prices Decline Amid Concerns Over Demand Following Fed's Signal of Slower Rate Cuts

Forex - Following the signal from the US Federal Reserve indicating a slowdown in interest rate cuts in 2025, oil prices have dropped. Assessments that persistent...

EU Leaders to Send 'Clear Message' to Trump on Ukraine

Forex - European Union leaders aim to send a "clear signal" of continued support for Ukraine to elected U.S. President Donald Trump at their summit today.

Durin...