Categories Business Company & Industry Turkish Equity Research: 3Q23 Preview Atilla YeşiladaPosted on30 October, 2023 3Q23 earnings season to kick off this week on October 20th 3Q23 earnings season for … Continue ReadingTurkish Equity Research: 3Q23 Preview
Categories General HIGHLIGHTS Erdogan’s loud support of HAMAS raising eyebrows in the US Atilla YeşiladaPosted on29 October, 2023 Turkish president Erdogan toned down celebrations for the Centennial of the Turkish Republic “in sympathy … Continue ReadingErdogan’s loud support of HAMAS raising eyebrows in the US
Categories Finance HIGHLIGHTS Gedik Investment: CBRT hikes the policy rate by 500 bps to 35% Atilla YeşiladaPosted on27 October, 2023 The CBRT increased the policy rate by 500 bps to 35% The CBRT, in … Continue ReadingGedik Investment: CBRT hikes the policy rate by 500 bps to 35%
Categories HIGHLIGHTS Politics Pro-AKP journalist: No change in Turkey’s Middle East policy. The first target is ‘immediate ceasefire’ Atilla YeşiladaPosted on27 October, 2023 Erdoğan’s statement “We will continue to implement military measures if necessary” brings with it comments … Continue ReadingPro-AKP journalist: No change in Turkey’s Middle East policy. The first target is ‘immediate ceasefire’
Categories General HYPED Academic: Turkey facing pressure from Russia and West to pick sides on the war in Ukraine Atilla YeşiladaPosted on27 October, 2023 Turkey’s neutrality in the Ukraine conflict is seemingly meeting with growing impatience in Washington and … Continue ReadingAcademic: Turkey facing pressure from Russia and West to pick sides on the war in Ukraine
Categories Economy Finance HIGHLIGHTS Further simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team Güldem AtabayPosted on27 October, 2023 Turkish central bank has announced measures to simplify regulations, including the termination of some securities … Continue ReadingFurther simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team
Categories Economy General HIGHLIGHTS Turkey’s central bank raises the policy rate for five consecutive months Güldem AtabayPosted on26 October, 2023 The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) increased interest … Continue ReadingTurkey’s central bank raises the policy rate for five consecutive months
Categories Economy HIGHLIGHTS Finance Minister Simsek statement that the return of foreign investments will take time adding to market jitters Güldem AtabayPosted on25 October, 2023 Turkey’s Minister of Finance and Treasury, Şimşek continued his meetings with foreign investors in the … Continue ReadingFinance Minister Simsek statement that the return of foreign investments will take time adding to market jitters
Categories Economy Finance HIGHLIGHTS Markets Central bank rate decision on Thursday keeps the bankers guessing Güldem AtabayPosted on25 October, 202325 October, 2023 The Turkish Central Bank (TCMB) is set to reveal its policy interest rate decision on … Continue ReadingCentral bank rate decision on Thursday keeps the bankers guessing
Categories Finance HIGHLIGHTS Markets Erdogan’s remarks on Hamas had their toll on the equity market Güldem AtabayPosted on25 October, 2023 After opening 0.57% higher at 8035 points, the Borsa Istanbul 100 index began to decline … Continue ReadingErdogan’s remarks on Hamas had their toll on the equity market
Categories Economy HIGHLIGHTS Politics Turkey-Israel energy collaboration plans halted on Gazze tensions Güldem AtabayPosted on25 October, 2023 Shortly after Turkish President Erdogan said, “Hamas is not a terrorist organization but a group … Continue ReadingTurkey-Israel energy collaboration plans halted on Gazze tensions
Categories Economy HIGHLIGHTS Politics Erdogan: Hamas are freedom fighters, not terrorists; cancels Israel trip Güldem AtabayPosted on25 October, 2023 Turkish President Tayyip Erdogan declared Hamas as ‘freedom fighters,’ and rejected that it is a … Continue ReadingErdogan: Hamas are freedom fighters, not terrorists; cancels Israel trip
Categories Business Company & Industry HIGHLIGHTS ANALYSIS: Turkey switches to inflation accounting, Borsa Istanbul suffers a heart attack Atilla YeşiladaPosted on25 October, 2023 Turkish companies’ end-2023 balance sheets will be inflation-adjusted, with adjustments expected to continue until 2026 … Continue ReadingANALYSIS: Turkey switches to inflation accounting, Borsa Istanbul suffers a heart attack
Categories Business Company & Industry Turkish stocks 3Q earnings review by HSBC Research Atilla YeşiladaPosted on25 October, 2023 Summary We present our Q3 2023 forecasts for Türkiye coverage We expect total non-bank profits … Continue ReadingTurkish stocks 3Q earnings review by HSBC Research
Categories General HIGHLIGHTS Murat Yetkin: Erdoğan’s Sweden surprize: PKK’s attack postponed the decision Atilla YeşiladaPosted on25 October, 2023 Turkish President Recep Tayyip Erdoğan surprized Turkish public with his decision to sign the NATO … Continue ReadingMurat Yetkin: Erdoğan’s Sweden surprize: PKK’s attack postponed the decision
Categories Company & Industry HIGHLIGHTS HSBC: Turkish consumer stocks are holding up well Atilla YeşiladaPosted on24 October, 2023 Recommendation summary Most consumer names we cover are holding up well in terms of growth … Continue ReadingHSBC: Turkish consumer stocks are holding up well
Categories Business Company & Industry HIGHLIGHTS ANALYSIS: Corridor Wars: Turkey pushes two logistics corridors to replace IMEC Atilla YeşiladaPosted on24 October, 2023 Great Power Wars, friend shoring and the wars in Ukraine and Middle East has started … Continue ReadingANALYSIS: Corridor Wars: Turkey pushes two logistics corridors to replace IMEC
Categories Business General HIGHLIGHTS Turkey likely to miss quake rebuilding targets, despite massive spending Atilla YeşiladaPosted on24 October, 2023 Presenting the Turkish government’s budget proposal for the next year, Turkish vice president Cevdet Yilmaz … Continue ReadingTurkey likely to miss quake rebuilding targets, despite massive spending
Categories General HIGHLIGHTS UPDATE (new comments added) Mehmet Simsek: We met 200 investors so far in the Gulf tour Atilla YeşiladaPosted on24 October, 202325 October, 2023 According to Bloomberg, Turkish Finance Minister Mehmet Simsek says: Concerns about the longevity of new … Continue ReadingUPDATE (new comments added) Mehmet Simsek: We met 200 investors so far in the Gulf tour
Categories Economy General HIGHLIGHTS Tim Ash: Marrakesh – the Turks were the talk of the town Atilla YeşiladaPosted on24 October, 2023 The new Turkish economy team were the talk of the town/star performers at the IMF … Continue ReadingTim Ash: Marrakesh – the Turks were the talk of the town
