Categories Economy HIGHLIGHTS Fitch: Turkey’s abrupt central bank switch entrenches Erdogan’s unorthodoxy Güldem AtabayPosted on29 March, 2021 President Tayyip Erdogan’s decision to oust Turkey’s central bank chief entrenches his unorthodox view that … Continue ReadingFitch: Turkey’s abrupt central bank switch entrenches Erdogan’s unorthodoxy
Categories Economy HIGHLIGHTS New Central Bank Chief’s politically correct comments: April Rate Cut Not a Given Güldem AtabayPosted on29 March, 202129 March, 2021 Markets shouldn’t take for granted that the Monetary Policy Committee will cut interest rates as … Continue ReadingNew Central Bank Chief’s politically correct comments: April Rate Cut Not a Given
Categories Emerging Markets A brewing emerging market debt crisis Atilla YeşiladaPosted on29 March, 2021 Rudi Dornbusch, the late MIT economist, famously said that when it came to emerging market … Continue ReadingA brewing emerging market debt crisis
Categories General Turkey raises Uighur issues with China amid protests–politely Atilla YeşiladaPosted on29 March, 2021 Turkey said it raised the issue of Uighur Muslims during talks with China’s foreign minister … Continue ReadingTurkey raises Uighur issues with China amid protests–politely
Categories Economy General Africa abandoned to Covid-19 until 2023-2024 Atilla YeşiladaPosted on29 March, 2021 Most of the Frontier Markets so beloved by risk-loving global funds are located in Africa, … Continue ReadingAfrica abandoned to Covid-19 until 2023-2024
Categories General HIGHLIGHTS Turkish medics call for tougher measures as COVID-19 surges Atilla YeşiladaPosted on28 March, 2021 On Sunday, Turkey’s Ministry of Health reported 29,058 new Covid-19 cases, with deaths exceeding 150 … Continue ReadingTurkish medics call for tougher measures as COVID-19 surges
Categories General HIGHLIGHTS BREAKING: Armenia premier confirms he will step down to allow election Atilla YeşiladaPosted on28 March, 2021 Armenia’s embattled prime minister on Sunday confirmed that he will step down from the post … Continue ReadingBREAKING: Armenia premier confirms he will step down to allow election
Categories HYPED Markets MS Turkey equity strategy: Finding opportunities after the correction Atilla YeşiladaPosted on28 March, 2021 MSCI Turkey is down 20% in USD since last Friday, with TRY depreciation explaining 8 … Continue ReadingMS Turkey equity strategy: Finding opportunities after the correction
Categories General Emil Avdaliani: Turkey’s Foreign Policy Balancing Act Atilla YeşiladaPosted on27 March, 2021 It is often claimed that Turkey made a definitive break with the West in 2003 … Continue ReadingEmil Avdaliani: Turkey’s Foreign Policy Balancing Act
Categories Atilla Yeşilada HIGHLIGHTS Markets OPINION: TL will drop faster this week Atilla YeşiladaPosted on27 March, 2021 Turkey’s sickly currency closed the week at 8.08 against the American dollar, thus officially surrendering … Continue ReadingOPINION: TL will drop faster this week
Categories Business Saudi Arabia shuts down the export door to Turkey Atilla YeşiladaPosted on27 March, 2021 DUBAI, March 25 (Reuters) – The value of Saudi Arabian imports from Turkey, already … Continue ReadingSaudi Arabia shuts down the export door to Turkey
Categories Economy HIGHLIGHTS Politics Why Erdogan fired Turkey’s central bank governor Güldem AtabayPosted on26 March, 202127 March, 2021 Even some of the most ardent supporters of Turkish President Recep Tayyip Erdogan were truly … Continue ReadingWhy Erdogan fired Turkey’s central bank governor
Categories Economy Finance HIGHLIGHTS Turkish bond funds experience biggest weekly selloff this year – Lipper data Güldem AtabayPosted on26 March, 202126 March, 2021 Investors sold $29.2 million from Turkish lira-denominated bond funds in the week ended March 24, … Continue ReadingTurkish bond funds experience biggest weekly selloff this year – Lipper data
Categories Economy HIGHLIGHTS Borsa Istanbul appoints Korkmaz Enes Ergun as new CEO Güldem AtabayPosted on26 March, 2021 Turkey’s stock exchange Borsa Istanbul named Korkmaz Enes Ergun its new managing director at its … Continue ReadingBorsa Istanbul appoints Korkmaz Enes Ergun as new CEO
Categories Economy HIGHLIGHTS Turkish industrial confidence rises to highest level in almost 2,5 years Güldem AtabayPosted on26 March, 2021 The central bank data showed business confidence among Turkey’s industrialists rose to the highest level … Continue ReadingTurkish industrial confidence rises to highest level in almost 2,5 years
Categories Economy Desmond Lachman: Will Turkey Destroy Its Own Economy? Atilla YeşiladaPosted on26 March, 2021 On Friday, at 5 pm Istanbul time, dollar/TL trade above the critical resistance, as Borsa … Continue ReadingDesmond Lachman: Will Turkey Destroy Its Own Economy?
Categories Business HYPED Climate change hits Turkey hard Atilla YeşiladaPosted on26 March, 2021 Turkey experienced this year the third warmest winter in the last 50 years after 1971 … Continue ReadingClimate change hits Turkey hard
Categories Business HIGHLIGHTS Politics DW: EU offers rewards for Erdogan’s “good behavior” Atilla YeşiladaPosted on26 March, 2021 EU leaders on Thursday offered the possibility of deepening trade ties with Turkey, they … Continue ReadingDW: EU offers rewards for Erdogan’s “good behavior”
Categories Economy HIGHLIGHTS Tim Ash on Turkey: Reverse engineering Atilla YeşiladaPosted on26 March, 2021 It’s interesting now reading various bank reports after the firing of Agbal, which appear to … Continue ReadingTim Ash on Turkey: Reverse engineering
Categories Finance HIGHLIGHTS Markets Turkey’s plunging lira: don’t expect an end to this saga soon Atilla YeşiladaPosted on25 March, 2021 Dollar/TL is closing trading hours in Turkey on Thursday at around 7.95, as MSCI Emerging … Continue ReadingTurkey’s plunging lira: don’t expect an end to this saga soon
