Categories Economy General USD/TRY set to hit new highs at 9.00 by year-end – Standard Chartered Güldem AtabayPosted on12 August, 2021 The Central Bank of the Republic of Turkey (CBRT) is likely to keep its weekly … Continue ReadingUSD/TRY set to hit new highs at 9.00 by year-end – Standard Chartered
Categories Economy General Markets Central bank policy rate kept at 19 percent yet rate cut bets are open Güldem AtabayPosted on12 August, 2021 The Turkish Central Bank Monetary Policy Committee (MPC) kept the one-week repo auction interest rate, … Continue ReadingCentral bank policy rate kept at 19 percent yet rate cut bets are open
Categories Economy HIGHLIGHTS Mustafa Sonmez: Erdogan plays with fire to spur economic growth Atilla YeşiladaPosted on12 August, 2021 According to BloombergHT and AA Finance polls economists don’t anticipate a rate cut in Thursday’s … Continue ReadingMustafa Sonmez: Erdogan plays with fire to spur economic growth
Categories General HIGHLIGHTS Turkey can’t shake off the Covid-19 menace Atilla YeşiladaPosted on12 August, 2021 Turkey recorded 26,597 new coronavirus cases on Tuesday, close to last week’s three-month high, and … Continue ReadingTurkey can’t shake off the Covid-19 menace
Categories Economy HYPED VoA: Will there really be a post-pandemic recovery? Atilla YeşiladaPosted on11 August, 2021 Even as the U.S. and European economies bounce back from the depths of last year’s … Continue ReadingVoA: Will there really be a post-pandemic recovery?
Categories General HYPED Turkey pays the price of 20 years of neglect with natural disasters Atilla YeşiladaPosted on10 August, 2021 From flash floods to forest fires, drought to “sea snot”, Turkey is bearing the brunt … Continue ReadingTurkey pays the price of 20 years of neglect with natural disasters
Categories Emerging Markets HIGHLIGHTS BlackRock: EM facing stagnation Atilla YeşiladaPosted on9 August, 2021 As financial capital flows into EM dry up, several leading financial intuitions express concern that … Continue ReadingBlackRock: EM facing stagnation
Categories General HIGHLIGHTS Turkey’s Covid-19 nightmare comes back with vengeance Atilla YeşiladaPosted on9 August, 2021 Covid-19 is making its 4th deadly round in Turkey, as President Erdogan once again traded … Continue ReadingTurkey’s Covid-19 nightmare comes back with vengeance
Categories Company & Industry General Politics Turkey’s defense industry is taking tremendous strides.. Why? Cem CetingucPosted on9 August, 2021 In June, the Turkish navy successfully test-fired the Atmaca, Turkey’s first domestically produced long-range anti-ship cruise missile. … Continue ReadingTurkey’s defense industry is taking tremendous strides.. Why?
Categories Business Company & Industry Economy Mevlut Çavuşoğlu on ASEAN Cem CetingucPosted on9 August, 20219 August, 2021 Asia, the cradle of some of the oldest civilizations, has again been gaining a pivotal … Continue ReadingMevlut Çavuşoğlu on ASEAN
Categories Atilla Yeşilada Economy HIGHLIGHTS Markets OPINION: Erdogan manages to upset the currency market, again Atilla YeşiladaPosted on8 August, 2021 President Erdogan found time to “instruct those who know that this message is for them” … Continue ReadingOPINION: Erdogan manages to upset the currency market, again
Categories General HIGHLIGHTS Politics Turkey spent only fraction of forest protection budget before wildfires erupted Atilla YeşiladaPosted on8 August, 2021 As of Sunday, Turkey’s wildfires continued in 2 provinces and in six different localities, the … Continue ReadingTurkey spent only fraction of forest protection budget before wildfires erupted
Categories General HIGHLIGHTS Video Commentary: Turkey’s Annus Horribilis Atilla YeşiladaPosted on8 August, 2021 Turkey’s Annus Horribilis When it rains, it pours. Turkey has been stung by … Continue ReadingVideo Commentary: Turkey’s Annus Horribilis
Categories General Evacuations continue as wildfires reach Turkey power plant Cem CetingucPosted on6 August, 2021 A coal-fueled power plant in southwest Turkey and nearby residential areas were being evacuated Wednesday … Continue ReadingEvacuations continue as wildfires reach Turkey power plant
Categories Business Company & Industry Turkish Banks: Sector Monthly Data Cem CetingucPosted on6 August, 2021 Strong monthly ROE of 17% on higher other income Turkish banking sector’s June net income … Continue ReadingTurkish Banks: Sector Monthly Data
Categories Economy General Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on6 August, 2021 MoM expectations were over the historical averages until October (2003-2019 Median – Aug.: +0.4% Sep.: … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories General HIGHLIGHTS Reuters: Russia says Afghan Taliban offensive running out of steam Atilla YeşiladaPosted on6 August, 2021 While Ankara is still negotiating with Taliban, the Afghan government, US and EU to take … Continue ReadingReuters: Russia says Afghan Taliban offensive running out of steam
Categories Economy HIGHLIGHTS Turkey’s Economy: Tons of Potential but, in the Middle of a Recession? Atilla YeşiladaPosted on6 August, 2021 Turkey, officially known as the Republic of Turkey, is a country located between the … Continue ReadingTurkey’s Economy: Tons of Potential but, in the Middle of a Recession?
Categories Emerging Markets Finance HIGHLIGHTS Nikkei Asia: Who’s in trouble, the US dollar or emerging economies? Atilla YeşiladaPosted on5 August, 2021 The U.S. dollar has surged on the country’s steep economic rebound, in a trend that … Continue ReadingNikkei Asia: Who’s in trouble, the US dollar or emerging economies?
Categories General HYPED Piero Castellino: Interview with a former Türk Hava Kurumu[1] Canadair CL-215 pilot Atilla YeşiladaPosted on5 August, 2021 The Mediterranean region is being ravaged by catastrophic wildfires and Turkey is also ravaged by … Continue ReadingPiero Castellino: Interview with a former Türk Hava Kurumu[1] Canadair CL-215 pilot