The board is discussing possible defense strategies against Tesla CEO billionaire Elon Musk's aggressive bid for social media platform Twitter valuing $43 billion. According to sources close to t...

According to the weekly data of the Central Bank of the Republic of Turkey, total foreign currency deposits increased by 766 million dollars in the week of April 8, adjusted for the parity effect. Com...

ECB President Christine Lagarde, in her statement at the press conference of the regular monetary policy meeting, said that the risks to the Eurozone inflation outlook are on the upside in the near te...

Retail sales rose 0.5% in March, slightly below the expected pace of 0.6% the previous month, and slowed from the previous month's rate of 0.8%. Monthly growth in core retail sales was slightly s...

The ECB's interest rate approach… While the Fed has been signaling to become aggressive towards inflation recently, it was a question of interest whether the ECB would adopt a similar stance in i...

The European Central Bank confirmed its plan to end the central bank's asset purchase program in the third quarter. The ECB plans a regular bond buying rate of EUR 40 billion per month in April, ...

The Central Bank of the Republic of Turkey kept interest rates constant for the fourth time in a row. The monetary policy committee kept the one-week repo rate at 14%, in line with the consensus estim...

Industrial orientation… With the fifth sanction package, the European Union imposed additional bans on coal, wood and chemical products exported from Russia. In addition, European Union governments ha...

Fed balance sheet… The Fed will start to shrink its balance sheet as of the May meeting. FOMC minutes stirred things up as committee members agreed that high inflation and tight labor market balance s...

Rising Covid-19 wave… The economy is struggling with Covid-19 quarantines. Weakness in loan financing – particularly for mortgages – could persist as firms and households pull back amid growing uncert...