Categories Economy Emerging Markets HIGHLIGHTS Politics BRSA eases TL transaction limits on foreign lenders; central bank signals higher funding rates Güldem AtabayPosted on6 August, 20206 August, 2020
Categories Economy Emerging Markets General HIGHLIGHTS Politics LAST MINUTE: Turkish central bank governor to meet with bank executives as lira slides Güldem AtabayPosted on6 August, 2020
Categories Economy Emerging Markets HIGHLIGHTS Politics Soydan: The AKP has three options to stabilize the currency Güldem AtabayPosted on6 August, 2020
Categories Finance HIGHLIGHTS Markets TL hits all time low against dollar! Why now? Atilla YeşiladaPosted on6 August, 20206 August, 2020
Turkey Wants to Position its Economy as a Supply Chain Alternative to China Turkey’s economy is taking its sweet time recovering from the body-blow of Covid-19. … Continue ReadingTurkey Wants to Position its Economy as a Supply Chain Alternative to China
Categories Economy Emerging Markets HIGHLIGHTS Politics BRSA eases TL transaction limits on foreign lenders; central bank signals higher funding rates Güldem AtabayPosted on6 August, 20206 August, 2020Turkey’s banking watchdog BRSA on Thursday eased limits on Turkish lira transactions with foreign lenders. … Continue ReadingBRSA eases TL transaction limits on foreign lenders; central bank signals higher funding rates
Categories Economy Emerging Markets General HIGHLIGHTS Politics LAST MINUTE: Turkish central bank governor to meet with bank executives as lira slides Güldem AtabayPosted on6 August, 2020Turkey’s central bank Governor Murat Uysal will meet with executives from commercial lenders on Thursday … Continue ReadingLAST MINUTE: Turkish central bank governor to meet with bank executives as lira slides
Categories Economy Emerging Markets HIGHLIGHTS Politics Soydan: The AKP has three options to stabilize the currency Güldem AtabayPosted on6 August, 2020Economist Baris Soydan lit that the Turkish government-namely President Erdogan- has three options to stabilize … Continue ReadingSoydan: The AKP has three options to stabilize the currency
Categories Finance HIGHLIGHTS Markets TL hits all time low against dollar! Why now? Atilla YeşiladaPosted on6 August, 20206 August, 2020By 18:30 Turkish time, dollar/TL pair rose to 7.29, a historic all time high. So … Continue ReadingTL hits all time low against dollar! Why now?
Categories Economy Emerging Markets Finance HIGHLIGHTS Politics Turkey’s tumbling lira tests Erdogan’s rate resolve Güldem AtabayPosted on6 August, 20206 August, 2020Turkish central bank head Murat Uysal has stuck to the rate-cutting script since President Tayyip … Continue ReadingTurkey’s tumbling lira tests Erdogan’s rate resolve
Categories General HIGHLIGHTS BREAKING: Reuters reports on Turkey’s Covid-19 scandal!!! Atilla YeşiladaPosted on6 August, 20206 August, 2020Doctors say Turkish COVID-19 outbreak worse than reported as hospitalisations swell ISTANBUL (Reuters) – … Continue ReadingBREAKING: Reuters reports on Turkey’s Covid-19 scandal!!!
Categories Emerging Markets Finance HIGHLIGHTS Weak dollar won’t help EM or Turkey Atilla YeşiladaPosted on6 August, 2020Historically a boon for emerging markets (EM), this year’s plunge in the US dollar may … Continue ReadingWeak dollar won’t help EM or Turkey
Categories General Libya: Is a cease-fire within reach? Atilla YeşiladaPosted on6 August, 2020Turkey and Russia agreed last week to press for a ceasefire in war-ravaged Libya, but … Continue ReadingLibya: Is a cease-fire within reach?
Categories Economy Inflation: Base effect help YoY CPI inflation edge lower… Atilla YeşiladaPosted on5 August, 20205 August, 2020Cover chart: 3-mth moving average CPI and core inflation. Red: Headline CPI, Blue: C-core index … Continue ReadingInflation: Base effect help YoY CPI inflation edge lower…
Categories Emerging Markets Opinion: Lebanon Is Collapsing and Urgent Reform Is Desperately Needed Atilla YeşiladaPosted on5 August, 2020Lebanon is unraveling. Last year’s massive public protests over the government’s failure to collect trash … Continue ReadingOpinion: Lebanon Is Collapsing and Urgent Reform Is Desperately Needed
Categories General HIGHLIGHTS Politics Commentary: Turkish Government Fiddling With Data, Jeopardizing Economic Stability And Public Health Atilla YeşiladaPosted on5 August, 2020 The administration of President Erdogan is becoming desperate for some good news. The economic … Continue ReadingCommentary: Turkish Government Fiddling With Data, Jeopardizing Economic Stability And Public Health
Categories Economy Goldman heralds end to Turkish easing cycle Atilla YeşiladaPosted on5 August, 2020We have been forecasting monetary policy to tighten in Turkey and the policy rate to … Continue ReadingGoldman heralds end to Turkish easing cycle
Categories General HIGHLIGHTS Politics Massive health scandal creating shock-waves in Turkey Atilla YeşiladaPosted on5 August, 20205 August, 2020On Tuesday, the Ministry of Health reported 1,083 new corona patients. The sudden jump from … Continue ReadingMassive health scandal creating shock-waves in Turkey
Categories Economy Emerging Markets HIGHLIGHTS Markets Politics Offshore market Turkish lira overnight rate spikes to 1000%: Why and how… Güldem AtabayPosted on4 August, 20204 August, 2020Following the Friday-Monday closure of the Turkish financial markets due to a public holiday, the … Continue ReadingOffshore market Turkish lira overnight rate spikes to 1000%: Why and how…
Categories Economy Emerging Markets HIGHLIGHTS July PMI: Hail the manufacturing sector; and the services, too Güldem AtabayPosted on4 August, 2020Down in the real sector, which tries to compensate for the damage caused by the … Continue ReadingJuly PMI: Hail the manufacturing sector; and the services, too
Categories Economy Emerging Markets HIGHLIGHTS Markets Turkey’s inflation problem Güldem AtabayPosted on4 August, 2020With the religious holiday over, the start of the month pours in fresh macro data. … Continue ReadingTurkey’s inflation problem
Categories Economy General HIGHLIGHTS Reuters poll: Hopes of recovery fading fast Atilla YeşiladaPosted on4 August, 20204 August, 2020As pandemic rages on, world economic recovery looks ever more shaky The world economic … Continue ReadingReuters poll: Hopes of recovery fading fast
Categories Politics Murat Yetkin: What is not told us in foreign policy? Atilla YeşiladaPosted on4 August, 20204 August, 2020The biggest disappointment in foreign policy at the moment is neither in Libya nor in … Continue ReadingMurat Yetkin: What is not told us in foreign policy?
Categories Emerging Markets HIGHLIGHTS EM: No hope for ending the outbreaks, no hope for rapid growth, no hope for foolish investors Atilla YeşiladaPosted on4 August, 2020I’ve been covering Turkey and EM for 30 years now, and had never seen such … Continue ReadingEM: No hope for ending the outbreaks, no hope for rapid growth, no hope for foolish investors
Categories Economy Finance HIGHLIGHTS Turkey: Concerns about a balance of payments crisis may trigger one Atilla YeşiladaPosted on3 August, 2020Nowadays, Turkish financial assets are priced on one parameter, and one only. That is the … Continue ReadingTurkey: Concerns about a balance of payments crisis may trigger one
