When will the Central Bank announce the interest rate decision? Which way is the interest rate expectation? TCMB released the market participants’ survey for April

The countdown has begun for the April interest rate decision of the Central Bank of the Republic of Turkey (CBRT). Investor’s anxious anticipation continues in the market before the Central Bank’s interest rate decision. The CBRT Monetary Policy Committee’s interest rate decision, which directly affects investments in the dollar, gold, stock market, and deposit interest, […]

Stock market opens with slight increase

The BIST 100 index in Borsa Istanbul started the day with a 0.15% increase at 9,352.49 points. At the opening, the BIST 100 index rose by 13.91 points and 0.15% to reach 9,352.49 points compared to the previous closing. The banking index gained 0.04%, while the holding index increased by 0.44%. Among the sector indices, […]

Market Inflation Expectations Increase

According to the survey by the Central Bank of the Republic of Turkey (CBRT), market participants’ year-end inflation expectation rose from 28.04% to 29.98%. The year-end USD/TRY expectation increased from 42.79 lira to 43.60 lira in the previous survey period, while the 12-month ahead exchange rate expectation rose from 44.42 lira to 45.85 lira. The […]

Bionic Marvel Hand: It Functions Even When Detached from the Arm

Open Bionics, based in the UK, introduced the world’s first wireless bionic hand that can function even when separated from the user. The initiative by Open Bionics marked a groundbreaking development. The UK-based company unveiled the world’s first wireless bionic hand that can still work when detached from the user. Samantha Payne, the co-founder and […]

Chinese retaliation to US tariffs with Hollywood restrictions

As the trade war escalates between Washington and Beijing with the announcement of new tariffs by Trump, China retaliates by pledging to import fewer Hollywood films. In response to the United States imposing a 145% tariff on Chinese goods, China has issued a new statement. On Thursday, April 10th, China announced that in retaliation to […]

Ministry Reveals 49 Products! Single-clawed meat, leather in meatballs, and offal

The list of foods that could endanger health has been updated. Counterfeiting was detected in 49 products ranging from minced meat to meatballs, from olive oil to cheese. The Ministry of Agriculture and Forestry has updated the list of foods that have been counterfeited and adulterated, which could endanger health, and identified counterfeiting in 49 […]

Expectation of Price Increase after Gasoline Price Reduction

Gasoline prices have been reduced by 1 lira and 35 kuruş per liter. This marks a total reduction of 3 lira and 59 kuruş in the last two days. However, starting tomorrow, an increase of 82 kuruş in price is expected. The decrease in petrol prices has been reflected in fuel prices. There has been […]

Supreme Court: “Mistakenly” Deported Migrant to El Salvador Should be Returned to the US

The US Supreme Court upheld a lower court judge’s decision ordering the return of migrant Garcia, whom the US mistakenly deported to El Salvador, back to the US. The Supreme Court ruled to have the migrant, Kilmar Abrego Garcia, a Salvadoran national, facilitated to return to the US after the Trump administration accidentally deported him […]