Categories General HIGHLIGHTS Peter Tase: Can Milei find an ally in Turkey‘s Erdogan? Atilla YeşiladaPosted on13 January, 2024 On December 10, 2023, Javier Milei, a self-described anarcho-capitalist whose astonishing rhetoric drew comparisons to … Continue ReadingPeter Tase: Can Milei find an ally in Turkey‘s Erdogan?
Categories Finance HIGHLIGHTS Markets JP Morgan: How to trade Turkish assets Atilla YeşiladaPosted on13 January, 2024 Not for the first time in recent years, investors are once again anticipating a turn-around … Continue ReadingJP Morgan: How to trade Turkish assets
Categories General HIGHLIGHTS Nine Turkish soldiers killed in PKK attack Atilla YeşiladaPosted on13 January, 2024 The Ministry of National Defense (MSB) announced that nine soldiers were martyred and four soldiers … Continue ReadingNine Turkish soldiers killed in PKK attack
Categories Finance HIGHLIGHTS Moody’s revises Turkey’s outlook to positive on decisive change in economic policy Atilla YeşiladaPosted on13 January, 2024 (Reuters) – Moody’s (NYSE:MCO) on Friday revised Turkey’s outlook to positive from stable, citing the … Continue ReadingMoody’s revises Turkey’s outlook to positive on decisive change in economic policy
Categories Economy HIGHLIGHTS Turkey’s Central Bank Governor announces from NY to investors that tightening cycle is near end Güldem AtabayPosted on12 January, 2024 Speaking at an investor meeting at JPMorgan Chase & Co.’s headquarters in New York, Turkey’s central … Continue ReadingTurkey’s Central Bank Governor announces from NY to investors that tightening cycle is near end
Categories Business General HIGHLIGHTS Iran seizes oil tanker headed for Tupras Atilla YeşiladaPosted on12 January, 2024 The U.S. government on Thursday confirmed reports that the Iranian navy had seized an oil … Continue ReadingIran seizes oil tanker headed for Tupras
Categories Finance HIGHLIGHTS Markets TL flirts with new lows vs USD, but no worries Atilla YeşiladaPosted on11 January, 2024 Dollar/TL pair is about to close trading in Istanbul interbank market, at 29.99, a smidgeon … Continue ReadingTL flirts with new lows vs USD, but no worries
Categories Finance General HIGHLIGHTS Mehmet Simsek: Confidence in economic program is worth $8.8 bn Atilla YeşiladaPosted on11 January, 2024 Türkiye obtained billions of dollars in external resources, provided to various sectors in the country … Continue ReadingMehmet Simsek: Confidence in economic program is worth $8.8 bn
Categories Economy HIGHLIGHTS Turkish Treasury runs $26.8B cash deficit in 2023 Atilla YeşiladaPosted on10 January, 2024 The Turkish Treasury’s cash balance saw a deficit of 625.5 billion Turkish liras ($26.8 billion) … Continue ReadingTurkish Treasury runs $26.8B cash deficit in 2023
Categories General HIGHLIGHTS Turkey’s presidential system from the perspective of the misery Index Atilla YeşiladaPosted on10 January, 2024 When the misery index was first proposed by Arthur Okun, it was an indicator consisting … Continue ReadingTurkey’s presidential system from the perspective of the misery Index
Categories HIGHLIGHTS Politics Survey: People of Turkey disgusted by economic governance, but continue to vote for AKP Atilla YeşiladaPosted on10 January, 2024 In a recent public opinion survey conducted by the Yöneylem Social Research Center between December … Continue ReadingSurvey: People of Turkey disgusted by economic governance, but continue to vote for AKP
Categories General HIGHLIGHTS Turkey, Bulgaria and Romania to launch venture to demine Black Sea trade routes Atilla YeşiladaPosted on10 January, 2024 An anticipated tripartite agreement involving Turkey, Romania, and Bulgaria is set to be formalized on … Continue ReadingTurkey, Bulgaria and Romania to launch venture to demine Black Sea trade routes
Categories Business Economy HIGHLIGHTS ECONOMY BRIEF: November payroll, industrial production data point to contraction in economic activity Atilla YeşiladaPosted on10 January, 2024 According to official stats agency Turkstat data, the unemployment rate increased by 0.4 points in … Continue ReadingECONOMY BRIEF: November payroll, industrial production data point to contraction in economic activity
Categories Economy HIGHLIGHTS Politics A knife-edge election awaits Istanbul again Editor P.A.Posted on9 January, 2024 In the race between former Environment and Urbanization Minister Murat Kurum and Istanbul Metropolitan Municipality … Continue ReadingA knife-edge election awaits Istanbul again
Categories Economy Finance HIGHLIGHTS ING: 2023 budget outperforms targets, market keyed on ratings upgrade Atilla YeşiladaPosted on9 January, 2024 12M rolling deficit below the MTP target in November November budget results showed a decline … Continue ReadingING: 2023 budget outperforms targets, market keyed on ratings upgrade
Categories Economy Finance General HIGHLIGHTS Turkish central bank nears the end of its tightening cycle yet the deposit yields slide Editor P.A.Posted on9 January, 2024 TL deposit interest rates, which exceeded 50 percent in the last month of the year … Continue ReadingTurkish central bank nears the end of its tightening cycle yet the deposit yields slide
Categories General HIGHLIGHTS (UPDATE: Imamoglu vs Kurum polls) Former Urban & Environmental Affairs Minister Kurum to face Ekrem Imamoglu in Istanbul race Atilla YeşiladaPosted on8 January, 20248 January, 2024 According to the December research conducted by MetroPoll, citizens were asked what the result would … Continue Reading(UPDATE: Imamoglu vs Kurum polls) Former Urban & Environmental Affairs Minister Kurum to face Ekrem Imamoglu in Istanbul race
Categories Business Company & Industry HYPED HSBC equity research: Türkiye Sigorta (TURSG TI)– Buy: Another Goldilocks year Atilla YeşiladaPosted on7 January, 2024 Shares have yet to price in robust earnings outlook for 2024: We raise our FY24e … Continue ReadingHSBC equity research: Türkiye Sigorta (TURSG TI)– Buy: Another Goldilocks year
Categories Business Economy HIGHLIGHTS COLUMN: Turkey faces dire challenges in manufacturing, exports Atilla YeşiladaPosted on7 January, 2024 December PMI data revealed that Türkiye’s manufacturing activity has been contracting for the sixth month. … Continue ReadingCOLUMN: Turkey faces dire challenges in manufacturing, exports
Categories General HIGHLIGHTS Metropoll/Özer Sencar: If İmamoğlu wins the local elections, he will most likely be elected President in 2028 Atilla YeşiladaPosted on7 January, 2024 Founder and Director of MetroPOLL Research, Özer Sencar, predicted that if Ekrem İmamoğlu, who was … Continue ReadingMetropoll/Özer Sencar: If İmamoğlu wins the local elections, he will most likely be elected President in 2028
