Categories Economy HIGHLIGHTS Turkish State Banks Follow Rate Gamble by Pledging Cheaper Loans Güldem AtabayPosted on25 October, 2021 Turkey’s state lenders will follow the central bank’s shock interest-rate cut of 200 basis points and … Continue ReadingTurkish State Banks Follow Rate Gamble by Pledging Cheaper Loans
Categories Economy HIGHLIGHTS Turkish Officials Seek to Avoid Expulsion of Western Envoys Güldem AtabayPosted on25 October, 2021 Recep Tayyip Erdogan’s administration is weighing options to avoid formally designating ambassadors from 10 countries, … Continue ReadingTurkish Officials Seek to Avoid Expulsion of Western Envoys
Categories Business Company & Industry Ergun Unutmaz: Sisecam DCF Valuation and Comments Cem CetingucPosted on25 October, 2021
Categories Economy HYPED Central Bank of Turkey poised to up its inflation forecasts Atilla YeşiladaPosted on25 October, 2021 Turkey’s central bank could revise its forecast higher in its new inflation report, due to … Continue ReadingCentral Bank of Turkey poised to up its inflation forecasts
Categories Economy Finance HIGHLIGHTS Turkey on the verge of a weak currency-inflation spiral Atilla YeşiladaPosted on25 October, 2021 The Turkish lira weakened 1.6% to a record low against the dollar in early Asian … Continue ReadingTurkey on the verge of a weak currency-inflation spiral
Categories Company & Industry Economy JP Morgan: CBRT speeds up monetary easing despite tricky fundamentals Cem CetingucPosted on24 October, 2021 The CBRT managed to surprise the markets yet again and cut its policy by 200bp … Continue ReadingJP Morgan: CBRT speeds up monetary easing despite tricky fundamentals
Categories General HIGHLIGHTS Politics Reuters: Turkey to expel US envoy and nine others, Erdogan says Atilla YeşiladaPosted on24 October, 2021 As President Erdogan’s mental integrity becomes a legitimate topic of political debate, he continues to … Continue ReadingReuters: Turkey to expel US envoy and nine others, Erdogan says
Categories Emerging Markets General HIGHLIGHTS Nordea: There is Erdogan and then there is the rest Atilla YeşiladaPosted on23 October, 2021 Nordea Research Team lampoons Turkey’s meddlesome president R. T. Erdogan, who has taken complete control … Continue ReadingNordea: There is Erdogan and then there is the rest
Categories Business HIGHLIGHTS Politics Turkey’s external woes compounded by Halkbank case Atilla YeşiladaPosted on23 October, 2021 Turkish state lender Halkbank must face criminal charges that it evaded sanctions against Iran by … Continue ReadingTurkey’s external woes compounded by Halkbank case
Categories Economy HIGHLIGHTS Erdoğan: Turkey shouldn’t host ambassadors who called for Kavala’s release Güldem AtabayPosted on21 October, 2021 President Recep Tayyip Erdoğan has slammed the ambassadors of 10 countries, including the US, Germany … Continue ReadingErdoğan: Turkey shouldn’t host ambassadors who called for Kavala’s release
Categories Economy HIGHLIGHTS FATF places Turkey on grey list over terror financing Güldem AtabayPosted on21 October, 2021 The Financial Action Task Force (FATF) has placed Turkey on its grey list for failing … Continue ReadingFATF places Turkey on grey list over terror financing
Categories Economy HIGHLIGHTS Turkey consumer confidence hits 12 year low Güldem AtabayPosted on21 October, 2021 Seasonally adjusted consumer confidence index decreased by 3.6% in October compared to the previous month … Continue ReadingTurkey consumer confidence hits 12 year low
Categories Economy Güldem Atabay HIGHLIGHTS Shockingly “bold” rate cut and now what for TL? Güldem AtabayPosted on21 October, 2021 Turkey’s central bank cut the benchmark interest rate by 2 percentage points to 16% at … Continue ReadingShockingly “bold” rate cut and now what for TL?
Categories Economy Erdogan Unorthodox Views on Economy Rattle Turkish Markets Cem CetingucPosted on21 October, 2021 Turkey’s President Recep Tayyip Erdogan doesn’t like it when the country’s banks charge people relatively … Continue ReadingErdogan Unorthodox Views on Economy Rattle Turkish Markets
Categories Business Company & Industry Turkish Banks: Still cheap but less cheerful Cem CetingucPosted on21 October, 2021 Going through an easing cycle but concerns on inflation still lingering Following the CBRT’s 100 … Continue ReadingTurkish Banks: Still cheap but less cheerful
Categories Politics Corruption scandal erodes popularity of Erdogan Cem CetingucPosted on21 October, 2021 The cracks in the foundations that sustain the power of President Recep Tayyip Erdogan have … Continue ReadingCorruption scandal erodes popularity of Erdogan
Categories Economy General Erdogan battles to curb ‘exorbitant prices’ Cem CetingucPosted on21 October, 2021 President Tayyip Erdogan has wheeled a trolley around one of the new grocery stores he … Continue ReadingErdogan battles to curb ‘exorbitant prices’
Categories General 49.8 percent say ‘Erdoğan cannot win the election’ Güldem AtabayPosted on21 October, 2021 Özer Sancar, the owner of MetroPoll Research company, has shared the results of “Turkey’s Pulse … Continue Reading49.8 percent say ‘Erdoğan cannot win the election’
Categories Atilla Yeşilada Business Economy HIGHLIGHTS The rate cut conundrum: What will Erdogan do? Atilla YeşiladaPosted on20 October, 2021 I have read three surveys by Turkish press outlets, all of which find that the … Continue ReadingThe rate cut conundrum: What will Erdogan do?
Categories Economy HIGHLIGHTS Turkish State Energy Giants Set for Rejig Ahead of Possible Sale Güldem AtabayPosted on20 October, 2021 Turkey is preparing to reorganize some of its largest state companies ahead of possible stake … Continue ReadingTurkish State Energy Giants Set for Rejig Ahead of Possible Sale