Cryptocurrency
Factory orders in the US decreased by 3.6 percent in January, more than market expectations.
In the USA, the Institute for Supply Management (ISM) service sector Purchasing Managers’ Index (PMI) decreased by 0.8 points on a monthly basis to 52.6 in February, falling below market expectations.
The U.S. dollar was steady on Wednesday as Federal Reserve Chairman Jerome Powell testified to Congress and traders remained cautious ahead of major economic events. The focus of the market is the upcoming European Central Bank (ECB) interest rate decision and the US employment data to be announced at the end of the week.
Gold remained stable after rising to a record high in the previous session.
Oil prices calmed after falling as a report showing U.S. inventories continued to rise, signaling supply may be ahead of demand.
The price of the cryptocurrency Bitcoin broke a record, exceeding the $69,000 mark for the first time, as interest in spot Bitcoin exchange-traded funds (ETF) continued.
Asian markets follow the decline on Wall Street as Apple suppliers tumble due to declining iPhone sales in China.
The Central Bank of the Republic of Turkey (CBRT) took additional tightening steps to support the tight monetary policy stance. The limit on loans has been reduced, except for vehicles.
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