Cryptocurrency
Oil prices calmed down after a two-day rise as U.S. crude stockpiles pointed to a decline and investors counted down the Fed’s interest rate decision that will shape the overall course of the market.
The People’s Bank of China kept one- and five-year loan interest rates unchanged at 3.45 percent and 3.95 percent, respectively.
Asian markets are on the rise ahead of the Fed’s interest rate decision; China kept loan interest rates steady.
The potential scale of the Bank of Japan’s policy change could be greater than some expected and could lead to increased interest in Japanese bonds from investors who have previously steered clear of securities.
Bitcoin fell more than 7 percent, falling below $63,000, with sharp outbursts from the spot Bitcoin Exchange Traded Fund (ETF) and postponement of interest rate cut expectations from the Fed.
Turkey’s Ministry of Treasury and Finance borrowed a total of 19.9 billion TL with 5-year bonds, with the sale before the tender. The Treasury also issued sukuk with a 5-year maturity of 3.56 billion TL.
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