Categories General HIGHLIGHTS Politics Erdogan’s visit to Qatar to yield deals but no MbS meeting Cem CetingucPosted on7 December, 2021 Doha and Ankara said on Monday they will sign dozens of deals during a visit … Continue ReadingErdogan’s visit to Qatar to yield deals but no MbS meeting
Categories Economy Emerging Markets HIGHLIGHTS Markets Bank investment chiefs cautious about China and emerging markets Cem CetingucPosted on7 December, 2021 Market volatility and uncertainty over China’s indebted property sector is making bank investment chiefs cautious … Continue ReadingBank investment chiefs cautious about China and emerging markets
Categories Company & Industry Finance HIGHLIGHTS Top Picks Portfolio – Removing Aksigorta From Top Picks Cem CetingucPosted on7 December, 2021 Excluding Aksigorta from our top picks:We exclude Aksigorta <Buy, TP: TL11.15> from our top picks … Continue ReadingTop Picks Portfolio – Removing Aksigorta From Top Picks
Categories Economy HIGHLIGHTS Moody’s revises up Turkey’s GDP forecast Güldem AtabayPosted on6 December, 2021 International credit rating agency Moody’s has revised up its Turkey growth forecast for this year from 9.2 percent … Continue ReadingMoody’s revises up Turkey’s GDP forecast
Categories Economy HIGHLIGHTS Council of Europe urges Turkey to ‘release Selahattin Demirtaş immediately’ Güldem AtabayPosted on6 December, 2021 The Committee of Ministers of the Council of Europe, which is responsible for overseeing the … Continue ReadingCouncil of Europe urges Turkey to ‘release Selahattin Demirtaş immediately’
Categories Emerging Markets HYPED S&P Global Ratings: EM EMEA (Poland, Russia, Saudi Arabia, South Africa, And Turkey) 2022 outlook Atilla YeşiladaPosted on6 December, 2021 Prelude S&P Global Ratings lowered its 2022 real GDP growth forecast for emerging markets (EMs; … Continue ReadingS&P Global Ratings: EM EMEA (Poland, Russia, Saudi Arabia, South Africa, And Turkey) 2022 outlook
Categories General HIGHLIGHTS Politics Mustafa Akyol: Where does Erdogan’s obsession with interest rates exactly come from?-Islamic economics Atilla YeşiladaPosted on6 December, 2021 One of the most startling stories in the world these days is what the Wall … Continue ReadingMustafa Akyol: Where does Erdogan’s obsession with interest rates exactly come from?-Islamic economics
Categories Business HIGHLIGHTS VoA: Business Owners in Turkey Brace as Lira Drops Atilla YeşiladaPosted on6 December, 2021 5 min video Click link: The Turkish lira has been hitting new record lows … Continue ReadingVoA: Business Owners in Turkey Brace as Lira Drops
Categories HIGHLIGHTS Politics CHP rally attended by tens of thousands in southern Turkey Atilla YeşiladaPosted on5 December, 2021 Tens and thousands of people gathered in Turkey’s southern Mersin province on Saturday for a … Continue ReadingCHP rally attended by tens of thousands in southern Turkey
Categories General Politics Ukraine: As country prepares for Russian attack, Turkish drones are a bone of discontent Atilla YeşiladaPosted on5 December, 2021 Ukraine is using Turkish-made drones in the conflict zone in the Donbass region, sticking to … Continue ReadingUkraine: As country prepares for Russian attack, Turkish drones are a bone of discontent
Categories Emerging Markets General HIGHLIGHTS Markets IMF and the Economist deem Turkey highly vulnerable in 2022 Atilla YeşiladaPosted on4 December, 2021 IMF recently published a blog titled “Addressing Inflation Pressures Amid an Enduring Pandemic”, where Turkey … Continue ReadingIMF and the Economist deem Turkey highly vulnerable in 2022
Categories Economy HIGHLIGHTS Macro Focus: Upside risks persist as inflation figures approach to record levels Cem CetingucPosted on4 December, 20214 December, 2021 Turkey’s CPI increased by 3.51% MoM in November driving YoY CPI from 19.89% to 21.31%. Accordingly, … Continue ReadingMacro Focus: Upside risks persist as inflation figures approach to record levels
Categories Emerging Markets HYPED Cash flows to EMs stop, TL worst performer for month Atilla YeşiladaPosted on4 December, 2021 Capital flows to emerging markets not including China suffered a “sudden stop” this quarter according … Continue ReadingCash flows to EMs stop, TL worst performer for month
Categories Business HIGHLIGHTS TL crash spills over to real economy Atilla YeşiladaPosted on4 December, 20214 December, 2021 Turkey’s lira crisis is threatening to put Mehmet Sapci’s 86-year-old pharmaceutical company out of business. … Continue ReadingTL crash spills over to real economy
Categories Economy HIGHLIGHTS Turkish Statistical Institute denies entry to main opposition CHP leader Kılıçdaroğlu Güldem AtabayPosted on3 December, 2021 Turkey’s state-run statistics office (TÜİK) has not allowed main opposition Republican People’s Party (CHP) leader … Continue ReadingTurkish Statistical Institute denies entry to main opposition CHP leader Kılıçdaroğlu
Categories Economy HIGHLIGHTS Independent research group calculates November inflation three times that of the official figure Güldem AtabayPosted on3 December, 20213 December, 2021 Established by a group of academics and announcing alternative inflation rates in Turkey using official … Continue ReadingIndependent research group calculates November inflation three times that of the official figure
Categories Finance HYPED Markets Central Bank intervenes 2nd time in currency market, market says “Not enough” Atilla YeşiladaPosted on3 December, 2021 Turkey’s lira edged near to its record low on Friday, triggering direct central bank intervention … Continue ReadingCentral Bank intervenes 2nd time in currency market, market says “Not enough”
Categories Economy HIGHLIGHTS Gedik Investment Economist: CPI inflation may exceed 30% soon Atilla YeşiladaPosted on3 December, 2021 COVER Chart: Turkey CPI and domestic PPI in November 2021 CPI inflation exceeds expectations … Continue ReadingGedik Investment Economist: CPI inflation may exceed 30% soon
Categories HIGHLIGHTS Politics Turkey urges Council of Europe to reconsider disciplinary proceedings Cem CetingucPosted on3 December, 2021 Turkey on Dec. 2 called on the Council of Europe to avoid punishing Turkey ahead of a decision … Continue ReadingTurkey urges Council of Europe to reconsider disciplinary proceedings
Categories General HIGHLIGHTS New Finance Minister reveals Turkey won’t prioritize high interest rates Cem CetingucPosted on3 December, 20213 December, 2021 Turkey will not prioritize high interest rates under the new economic model, the newly appointed … Continue ReadingNew Finance Minister reveals Turkey won’t prioritize high interest rates
