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Cisco (CSCO) Shares Fell 5.41 Percent Premarket on Lukewarm Earnings, Weak 2023 Q4/2024 FY Guidance
News
Cisco (CSCO) Shares Fell 5.41 Percent Premarket on Lukewarm Earnings, Weak...
Feb 15, 2024
Shares of networking and software giant Cisco (CSCO) fell 5.41% in early premarket Tuesday, February 15, after the...
Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
News
Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
Turkey's Central Bank Raises Key Rate to 25 Percent
News
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
News
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate H...
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
News
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Expose...
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Turkish Lira: Broken, but Not Defeated
News
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...
Nasdaq is Still Bearish. But Not as Bearish as Many Think
News
Nasdaq is Still Bearish. But Not as Bearish as Many Think
Sep 08, 2022
Dow 30, S&P 500, and Nasdaq 100 have started showing a divergence since the beginning of 2022.
World Markets Fret Again by Bad Inflation Data Worldwide as Jackson Hole Summit Approaching
News
World Markets Fret Again by Bad Inflation Data Worldwide as Jackson Hole Su...
Aug 23, 2022
U.S. equities indices posted their worst single-day plunge in two months on renewed concerns, spurred by the recent...