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Global markets rally as tech stocks gain despite hotter-than-expected US producer inflation

Tech stocks recover as US annual producer inflation surges to 6.3%, retail sales beat expectations, while oil prices dip as new diesel stock released into market, offsetting geopolitical concerns16 October 2026

New house sales in Türkiye rise 3.9% in September

New homes account for 36.2% of total sales, while overall housing transactions fall 9.3% year-on-year16 October 2026

Turkish stock exchange opens Friday on low note

Benchmark BIST 100 index loses 174.09 points at opening bell16 October 2026

Fed chair reaffirms price stability commitment, avoids signaling next rate move

Kevin Warsh says US investment surge supports growth, sees AI boosting supply over medium term16 October 2026

Russia’s digital economy faces a new front as Ukrainian drone strikes hit critical tech facilities

Drones strike data centers operated by Yandex and Sberbank, prompting Russian officials to work with the Defense Ministry to strengthen security at other facilities.16 October 2026

EU leaders urge urgent action on energy prices, single market reforms

European Council calls for lower energy costs, reduced regulatory burdens and progress on bloc's next long-term budget and enlargement process16 October 2026

New York stock exchanges close higher

- Dow Jones earns 1.08%, S&P 500 0.33%, Nasdaq 0.08%, as European indexes end day mixed15 October 2026

US extends sanctions waiver for Russian energy firm Lukoil through April

Treasury Department authorization permits retail stations outside Russia to operate while barring remittances to Moscow15 October 2026

EU leaders seek measures to ease energy price pressures ahead of winter

Some leaders also call for review of bloc's electricity market design15 October 2026

IEA members to accelerate release of 100M barrels as oil markets remain tight

Plans include over 20M barrels of diesel to be released as soon as possible amid supply tightness15 October 2026

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