Overview of Key Economic Events from Last Week
Last week saw the release of several significant economic data points worldwide. In the United States, jobless claims rose to 242K, exceeding expectations, while durable goods orders showed strong growth of 3.1%, the highest level in six months. Meanwhile, U.S. crude oil inventories declined by 2.332 million barrels, and the Consumer Confidence Index saw a […]
Weakening U.S. Dollar Amid Declining Bond Yields and Weak Economic Indicators
After reaching its highest level this year at 110.17 points on January 13, 2025, the U.S. Dollar Index, which measures the dollar’s performance against a basket of six currencies, has declined to 106.12 points over the past two days, marking its lowest level since December 10, 2024—a drop of approximately 4%. Currently, the index is […]
The Turkish lira at its lowest levels as the central bank continues its monetary easing policy
The USD/TRY exchange rate reached 36.5325 on Friday, February 21, 2025, marking its highest level ever. The price is currently hovering around 36.5000 lira per dollar. The Turkish lira has depreciated by approximately 4% since the beginning of the year, and forecasts indicate continued weakness in the coming period. Recent economic data from Turkey suggest […]
Overview of Key Economic Events from Last Week
Last week, several economies around the world released significant economic data. In the United States, the Empire State Manufacturing Index increased, while the number of unemployment claims rose slightly. The Philadelphia Manufacturing Index declined, while U.S. oil inventories increased. On the other hand, the Consumer Confidence Index and the Services PMI both showed a decline. […]
Anticipating Trump’s Policies and Their Impact on Bitcoin and Cryptocurrencies
After reaching a record high of $109,356 on January 20 this year, Bitcoin later declined to $90,000 on February 3, 2025, and is currently hovering around the $98,000 level. Current Bitcoin Movement Bitcoin has been trading sideways for the past two weeks, fluctuating between $93,000 and $100,000, searching for a clear direction, whether upward […]
The Reserve Bank of Australia Joins the Easing Policy
The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points in its meeting two days ago, lowering the rate from 4.35% to 4.10%—the first reduction in four years. The RBA is the only central bank among major developed economies, including the US Federal Reserve, the European Central Bank, the Swiss National Bank, […]
German Stocks Outperform Their European and American Counterparts
The German DAX index continues to reach record highs, closing at 22,883 points yesterday, its highest level ever. The index has risen by 15% since the beginning of the year, outperforming the CAC40 in France (11%), the FTSE 100 in the UK (7%), and the STOXX600 in Europe (10%). It has also outperformed major U.S. […]
Performance of U.S. Stock Markets: High Volatility and Cautious Optimism
U.S. stock markets have experienced high volatility since the beginning of this year due to uncertainty surrounding monetary, fiscal, and trade policies from U.S. authorities. However, despite this, there has been a sense of optimism in recent weeks, as the VIX index declined to 14.74 points on Friday, February 14, its lowest level in three […]
Overview of Key Economic Events from Last Week
Last week saw the release of major economic data in the United States. The Consumer Price Index (CPI) rose by 3.0% year-on-year, surpassing expectations, while the Producer Price Index (PPI) grew by 3.5%. On the other hand, retail sales fell by 0.9%, marking the largest decline since March 2023, impacted by severe weather conditions and […]
Oil Prices Continue to Decline: What Are the Key Factors?
Crude oil prices continue to decline for the third consecutive session, recording $74.10 yesterday after reaching $77.25 three days ago. Currently, oil prices are hovering near $75.00 amid prevailing uncertainty in the oil market, which is influenced by several mixed factors. Positive Factors Supporting Oil Prices: The voluntary production cuts by the OPEC+ alliance, reducing […]
