The Central Bank calculated the impact of the month of Ramadan on inflation as 0.5 percentage points. The analysis highlighted the tendency for price increases to become permanent. According to an analysis published in the Central Bank’s blog named “Diary of the Central Bank,” sharing the views of the TCMB employees, the direct impact of […]
Suspending customs duties tariffs on China, Trump’s move benefited the tourism sector the most. The biggest loser of Trump’s move was China. After being officially sworn in for a second term on January 20, US President Donald Trump took a break from the escalating trade war step by step, leaving out China for 90 days. […]
The BIST 100 index in the Istanbul Stock Exchange started the day at 9,579 points, gaining 3.27%. The easing tension in global trade set a positive tone for the markets. At the opening, the BIST 100 index rose by 303.61 points and 3.27% to 9,579 points compared to the previous closing. The banking index gained […]
Gold continued its ascent due to the impact of US-China tensions. The price of an ounce of gold rose as high as $3,130, approaching record levels. Gold prices maintained a demand for safe havens due to increasing tension in global trade. Starting the day with an increase, an ounce of gold is trading at $3,130 […]
President Trump of the US postponed customs tariffs for 75 countries by 90 days. Following this decision, US stock markets saw the largest daily increase in 14 years. The ongoing US-China tension initiated a record surge in gold. With the announcement that President Donald Trump halted additional tariffs for all trade partners except China for […]
There is a new reduction of 1 lira and 36 kurus coming for the liter of petrol. With the finalization of the decision for the reduction, prices will have dropped by 3 lira and 60 kurus in two days. The decline in petrol prices has reflected on fuel prices. A new reduction of 1 lira […]
A reduction of 2 lira 24 kurus has been applied to the price per liter of gasoline. This discount will be in effect starting from midnight. The decline in petrol prices has been reflected in fuel prices. There is a reduction of 2 lira 24 kurus on gasoline, valid from midnight. CURRENT GASOLINE PRICES The […]
Beijing responded similarly to the United States’ increase on customs duties on Chinese goods to 104% by elevating the rate to 125%. Trump wasted no time in responding to China’s retaliation. He announced that while raising tariffs on China to 125%, additional tariffs for over 75 countries that made no reciprocal response were suspended for […]
There has been a reduction of 2 lira 24 kuruş in the price per liter of gasoline. This discount will be valid starting midnight tonight. The decline in petrol prices has reflected on fuel prices. A reduction of 2 lira 24 kuruş in the price of gasoline will be effective from midnight onwards. CURRENT GASOLINE […]
Tariff tensions continue in global markets. The increasing tension between China and the USA has negatively affected market sentiment. While the stock markets remain bearish, gold experienced a sharp rise. Oil hit its lowest level in 4 years. US President Trump stated, “Stay calm, everything will be fine. It’s a great time to buy.” President […]
