Economy
Nasdaq week flat as oil jumps and yields rise
Oil prices climbed back above $90 as Middle East tensions deepened, adding to Fed inflation worries. Strong Nasdaq-100 earnings were not enough to lift the index.
Jobless claims edge up as labor market stays tight
Weekly U.S. jobless claims rose slightly to 206,000, staying near recent lows and underscoring a labor market that remains broadly stable ahead of the next inflation reading.
ADP Private Payrolls Slow to 38,000 in August
ADP said U.S. private employers added 38,000 jobs in August, below expectations and the weakest reading since January, with gains concentrated in services.
Pre-markets turn red as September selling begins
U.S. stock futures fell at the start of September, with weak seasonal trends, rising oil prices and higher bond yields weighing on sentiment before a day of key economic data.
Pre-Markets Turn Lower as Oil and Yields Jump
U.S. stock futures slipped to start the week after a strong August run, while oil and Treasury yields rose and traders looked ahead to labor-market data.
Jobs data loom as August market losses deepen
U.S. stocks are heading into a busy jobs week after a weak August, with traders watching payrolls, claims and other data for clues on whether the Fed will keep tightening.
Jobless claims ease as housing starts weaken
U.S. weekly jobless claims fell from the prior week and came in near forecasts, while continuing claims stayed elevated and May housing starts dropped to a pandemic-era low.
PCE Inflation Tops Forecasts as Spending Holds Up
The latest U.S. inflation reading came in a touch hotter than expected, while personal income and consumer spending both rose more than forecast and real spending was flat.
Treasury buybacks fail to calm long-bond yields
Nasdaq reported that 30-year Treasury yields briefly eased after the Treasury said it would expand buybacks of older debt, but the move has not reversed recent pressure on long-dated yields.
Bond Yields Fall After Treasury Buyback Plans
U.S. Treasury plans to double support for buybacks of longer-dated securities, pushing bond yields lower and giving equity futures a lift before the open.
Credicorp lifts medium-term ROE outlook after strong Q2
Credicorp reported a 20.3% second-quarter return on equity and raised its medium-term ROE goal to about 22%, helped by stronger lending, better asset quality and lower funding costs.
Sony and TSMC form $4.69 billion chip venture
Sony and TSMC have signed a binding deal to create a new semiconductor company in Japan that will make next-generation image sensors and deepen local supply-chain resilience.
Retail Sales Weaken in July as Spending Cools
U.S. retail sales fell 0.6% in July, missing expectations and marking a softer month for consumer spending, while sales excluding autos also declined.
U.S. Economy Unexpectedly Loses Jobs in July
The U.S. labor market weakened sharply in July, with payrolls falling by 23,000 and prior months revised lower. Wage growth and labor force participation also softened.
How US Savings Bonds Work: I Bonds vs EE Bonds
A plain-English guide to US savings bonds: how Series I and EE bonds earn interest, when taxes apply, purchase limits, and how they differ from TIPS and bank deposits.
Fed Holds Rates Steady, Signals Patience on Future Cuts
Policymakers left the benchmark rate unchanged and reiterated a data-dependent approach to any easing later this year.
China's Growth Slows in Second Quarter, Missing Forecasts
Fresh data showed the world's second-largest economy expanding at a softer pace than economists had projected.
US Inflation Cools More Than Expected, Bolstering Rate-Cut Bets
The latest consumer price data showed a broad-based slowdown that strengthened market conviction around easing later this year.
Bank of Japan Lifts Rates Again, Narrowing Global Policy Gap
The move extended a gradual normalization path and added a fresh variable to currency and bond markets worldwide.
Eurozone PMI Data Signals a Fragile Manufacturing Rebound
A closely watched survey edged back above the growth threshold, though details pointed to an uneven recovery across member states.
US Jobless Claims Climb to Multi-Month High, Stoking Cooling Debate
New unemployment filings rose more than expected, adding to evidence that the labor market is gradually losing momentum.
Quarantine Order Pushes China's Manufacturing Indicators to Decline
The re-introduction of quarantine measures after the number of cases caused a decline in the official manufacturing indicator in China.
Additional Indicator Statement from Erdoğan
Making a statement after the cabinet meeting, President Recep Tayyip Erdoğan stated that they will increase the additional indicators
Minister of the Treasury Nebati, “Indicators for Growth in the First Quarter”
Treasury and Finance Minister Nureddin Nebati made statements at the 65th Ordinary General Assembly of the Banks Association of Turkey.
Bank of Israel has released draft guidelines for the crypocurrency AML-CFT
The Bank of Israel released a draft regulation for banks that enables crypto-to-fiat transactions with AML-CFT risk management...
MicroStrategy Violated SEC Rules on BTC Purchases
MicroStrategy, which has become popular with its heavy investments in Bitcoin, violates SEC rules in Bitcoin (BTC) purchases.
The European Central Bank renews strategy and inflation target
The European Central Bank renews strategy and inflation target. For the first time in 18 years, the ECB is changing its strategy.
Peak In Income Inequality Was Istanbul!
Peak in income inequality was Istanbul. In the year of the epidemic, there was an increase in inequality in income distribution in Turkey.
$ 489 Million Bitcoin Purchase By MicroStrategy!
$ 489 million Bitcoin purchase by MicroStrategy. Accordingly, the company bought 13,005 BTC for an average of $ 37,617 per BTC.
New $1 Billion Plan from MicroStrategy: Will They Purchase Bitcoin?
New $1 billion plan from Microstrategy: Will they purchase Bitcoin? It was learned that the company will sell its stock worth $ 1 billion.
Former Founder of BitMEX Commented About MicroStrategy
Arthur Hayes, the former CEO and founder of the derivatives exchange BitMEX commented about MicroStrategy. Here are the details..
A global corporate tax is only an indicator of direction
The proposal by the G7, the seven richest nations, to introduce a global minimum corporate tax rate is only an "indicator of direction".
Nestlé is revising its nutrition and health strategy
Nestlé is revising its nutrition and health strategy. Nestlé owns well-known brands such as Kitkat, Maggi and Nescafé.
MicroStrategy’s CEO Reacted To Musk's Statement!
MicroStrategy’s CEO reacted to Musk's statement. Michael Saylor has been making a name for himself since the summer of 2020.
MicroStrategy CEO Reacted to Those Who Underestimate Bitcoin
MicroStrategy CEO reacted to those who underestimate Bitcoin. Drawing attention with his bitcoin purchases, Saylor reacted to the analogy.
Volkswagen plans to invest more money in its climate strategy
Volkswagen plans to invest more money in its climate strategy after the European Union approves the so-called new Green Agreement.
Apple- Will Be Listed On Binance As Microsoft, Apple And MicroStrategy Tokenized Stocks!
Apple will go on sale at the same time on April 28.
MicroStrategy Bought 253 More Bitcoins!
US-based software company Microstrategy bought another 253 Bitcoins. The company bought Bitcoins at $ 59,339.
Famous Billionaire Shares Bitcoin Investment Strategy!
The famous billionaire shares his Bitcoin Investment strategy. Hedge fund manager Ray Dalio shared his forecast and investment strategy.
New BTC Investment by MicroStrategy!
New BTC investment has been made by MicroStrategy. MicroStrategy came to the fore with a new Bitcoin investment. Here are the details..
Saudi Arabia calls on OPEC + partners to pursue a prudent mining strategy
Saudi Arabia calls on OPEC + to pursue a prudent mining strategy. This is due to the uncertainty surrounding the pace of economic recovery.
Unbelievable Bitcoin Forecast from Microstrategy CEO!
Unbelievable Bitcoin forecast came from Microstrategy CEO. Saylor stated that BTC will one day reach a market value of $ 100 trillion.
The European Commission has presented a new business strategy
The EC has presented a new business strategy. The EU will take a more assertive stance in defending its interests and values.
BofA Shared Its Sales Indicator
BofA shared its sales indicator. According to Bank of America's sales indicator, the markets are in an unprecedented optimism.
What Strategy Will Bill Gates Apply in a Possible Outbreak?
What strategy will Bill Gates implement in a possible outbreak? Bill Gates, the co-founder of Microsoft, announced his giant plans.
New York Fed Manufacturing Indicator Declined
The New York Fed manufacturing indicator declined. The manufacturing indicator grew at its lowest rate in 4 months in December, as new orders slowed down.
What Do Technical Indicators Point For Bitcoin?
What do technical indicators point for Bitcoin? What awaits the leading cryptocurrency?
The European Parliament is calling for a new industrial strategy adapted to the corona crisis
MEPs in Brussels supported a change in the European Union's approach to industrial policy.The aim is to help European businesses cope with the corona crisis and cope with digital and environmental changes.
November-January Period Domestic Borrowing Strategy Announced
The domestic borrowing strategy for the November-January period was announced. The Ministry of Treasury and Finance will go to domestic borrowing of 60 billion lira.
Dollar Indicator Rises As Expectations For Incentive Package Decreased
The dollar indicator rises as expectations for the incentive package decreased. US dollar gained value against important currencies.