Categories Economy General HIGHLIGHTS S&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves Cem CetingucPosted on3 December, 2021 Turkey risks damaging confidence in the lira further by using “borrowed” reserves to defend its … Continue ReadingS&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves
Categories Economy HIGHLIGHTS Turkish Central Bank chief signals rate-cut pause in January Güldem AtabayPosted on2 December, 2021 Turkey’s Central Bank chief signaled on Dec. 2 that aggressive policy easing will likely pause … Continue ReadingTurkish Central Bank chief signals rate-cut pause in January
Categories Economy HIGHLIGHTS Why is Turkey’s lira crashing and will currency crisis worsen? Güldem AtabayPosted on2 December, 2021 Once again, Turkey is in the throes of a currency crisis. The lira has lost … Continue ReadingWhy is Turkey’s lira crashing and will currency crisis worsen?
Categories Economy General HIGHLIGHTS Markets Central bank intervenes Turkish lira following another sudden crash Güldem AtabayPosted on2 December, 2021 Turkey’s central bank to support the sinking lira, directly intervened the foreign-exchange markets for the … Continue ReadingCentral bank intervenes Turkish lira following another sudden crash
Categories General HIGHLIGHTS Politics Elvan out, Nebati in Atilla YeşiladaPosted on2 December, 2021 Minister of Finance and Treasury Lütfi Elvan has resigned from his post and has been … Continue ReadingElvan out, Nebati in
Categories Economy HIGHLIGHTS Politics Erdoğan: Low interest rate policy ‘all the way’ Cem CetingucPosted on1 December, 2021 President Recep Tayyip Erdoğan on Wednesday said there was “no turning back” from the new … Continue ReadingErdoğan: Low interest rate policy ‘all the way’
Categories Business Company & Industry Finance HIGHLIGHTS Kordsa: Reinforced By Surging Demand Cem CetingucPosted on1 December, 20211 December, 2021 We are initiating coverage of Kordsa Teknik Tekstil (“Kordsa”) with a Buy rating and a … Continue ReadingKordsa: Reinforced By Surging Demand
Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Manufacturing PMI increased to 52 in November Cem CetingucPosted on1 December, 2021 Manufacturing PMI increased to 52 in November (Prior: 51.2). Headline figure continued to remain above … Continue ReadingMacro Snapshot: Manufacturing PMI increased to 52 in November
Categories Business Company & Industry Finance HIGHLIGHTS Downgrading Turkish banks; spotlight on capital Cem CetingucPosted on1 December, 2021 Until now, resilient financial performance of Turkish banks led to us to maintain Buy/High Risk … Continue ReadingDowngrading Turkish banks; spotlight on capital
Categories Economy HIGHLIGHTS Markets The Aftermath of Currency Collapse: Sudden Stop Syndrome Atilla YeşiladaPosted on1 December, 2021 The Aftermath of Currency Collapse: Sudden Stop Syndrome President Erdogan’s mad experiment called … Continue ReadingThe Aftermath of Currency Collapse: Sudden Stop Syndrome
