Cryptocurrency
According to the National Association of Realtors (NAR), home sales increased by 0.8 percent to 4.03 million on an annualized basis. This was the weakest May performance since 2009. Economists who participated in the survey expected 3.95 million. Resale home sales decreased by 0.5 percent to 4 million in April.
US President Donald Trump announced that a “full and complete ceasefire” has been reached between Israel and Iran, thus ending the war.
“I want to thank Iran for giving us advance notice of the attack in Qatar. Because of this, there were no casualties and no one was injured,” said US President Trump, adding that now is the time for peace.
US President Donald Trump stated that after his country’s attacks on three nuclear facilities in Iran, these bases were “completely destroyed.”
The US Federal Reserve (Fed) Vice President for Supervision Michelle Bowman said that she supports lowering the policy rate as of the July meeting if inflation pressures remain limited.
European Central Bank (ECB) President Christine Lagarde said that risks to the growth outlook are on the downside.
Iran announced that the US launched a missile attack on the Al-Udeid Air Base in Qatar in response to the US attack on Iran’s nuclear facilities and that the base was “destroyed.”
Chinese Foreign Minister Wang Yi warned that the US had set a wrong precedent with its attack on Iran’s nuclear facilities, sending the message that disputes can be resolved through force rather than negotiation, and that it could have serious consequences.
Stating that they are targeting 500 million dollars in investment and 832 million dollars in exports this year, Akkök Holding CEO İhsan Gökşin Durusoy announced the year-end turnover target as approximately 4.5 billion dollars.
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