News
More than $200 billion in new trade agreements have been made between the US and the United Arab Emirates (UAE).
Contrary to expectations, producer prices in the US fell by 0.5 percent on a monthly basis in April.
Speaking at the Thomas Laubach research conference, US Federal Reserve (Fed) Chairman Jerome Powell said, “We are trying to reduce uncertainty and increase transparency.”
JPMorgan CEO Jamie Dimon says that despite the easing of trade tensions, a recession in the US is still possible.
Japan’s economy shrank for the first time in a year as exports shrank more than expected.
Ukrainian President Zelensky, who met with President Erdoğan in Ankara, said they were ready to negotiate an unconditional ceasefire.
Currency-protected deposits, which fell by 25 billion TL in the previous week, decreased by 33.8 billion TL in the week of May 9.
According to the Banking Regulation and Supervision Agency (BDDK) data, the commercial credit growth rate fell to its lowest level in the last 3.5 weeks in the week of May 9.
Total deposits of domestic residents, adjusted for parity effect, decreased by $711 million.
The reserves of the Central Bank of the Republic of Turkey (TCMB) increased last week.
President Recep Tayyip Erdoğan stated in his speech at the TOBB Service Honor Certificate and Plaque Ceremony of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) that TOGG is currently the leader in the country with a 30 percent market share.
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