Cryptocurrency
TTrump’s media company is trying to raise $3 billion to invest in cryptocurrencies.
European Union (EU) Commissioner for Trade Maros Sefcovic said they are focused on constructively reaching a trade agreement with the US.
Investors have pushed the yield on the 30-year benchmark bond to 5.1 percent, close to a 20-year high, while stocks and the dollar have lost value.
European Central Bank President Christine Lagarde said US President Donald Trump’s erratic policies provide an “important opportunity” for the euro to strengthen its international role and enjoy the privileges previously enjoyed by the US dollar.
German Chancellor Friedrich Merz called on Europeans to unite and show self-confidence in the face of the tariff dispute with the US, and said the European Union (EU) could retaliate against US technology companies if the trade dispute with Donald Trump’s administration escalates.
Gold is falling on expectations that trade relations between the US and the EU will improve.
Citigroup raised its three-month price target for gold to $3,500 per ounce due to influences such as Trump’s tariff war and geopolitical risks.
Oil remained flat ahead of the meeting where the OPEC+ group will make decisions on supply policy.
Volvo announced that it will lay off 7 percent of its total workforce.
With the initiatives of the Ministry of Treasury and Finance, the World Bank provided $500 million in new financing to the earthquake zone. Thus, the total international financing provided to earthquake zones reached $6.4 billion.
In the meeting where GYODER President Neşecan Çekici and association executives came together with members of the press, the messages that there are very serious problems in accessing financing for housing and that capital market instruments must be used more actively were prominent.
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