Categories Finance HYPED Turkish loan growth decelerates, commercial loan rates inch up Atilla YeşiladaPosted on18 February, 2024 In the week ending by February 9, foreign currency adjusted weekly credit growth decelerated to … Continue ReadingTurkish loan growth decelerates, commercial loan rates inch up
Categories Business Company & Industry HYPED Turkey Food Retail: 2024 likely a year of two halves Atilla YeşiladaPosted on18 February, 202418 February, 2024 By Citi Research CITI’S TAKE We update our models to incorporate recent minimum wage … Continue ReadingTurkey Food Retail: 2024 likely a year of two halves
Categories Company & Industry HIGHLIGHTS Yapi Kredi Bank: Downgrade to Hold: Risk/reward looks balanced after recent run Atilla YeşiladaPosted on18 February, 2024 Equity report by HSBC Global Research Outlook summary Last six months’ strong performance brought 2024e … Continue ReadingYapi Kredi Bank: Downgrade to Hold: Risk/reward looks balanced after recent run
Categories HIGHLIGHTS Politics Turkey’s hopes of a new customs union blocked by Greek Cypriotes Atilla YeşiladaPosted on17 February, 2024 Cypriot President Nikos Christodoulides emphasized that the enhancement of relations between Turkey and the European … Continue ReadingTurkey’s hopes of a new customs union blocked by Greek Cypriotes
Categories General HIGHLIGHTS ANALYSIS: Clashes in Azerbaijan-Armenia border raises fears of another military incursion Atilla YeşiladaPosted on17 February, 2024 Following the latest escalation on the border with Azerbaijan on February 12-13 that resulted in … Continue ReadingANALYSIS: Clashes in Azerbaijan-Armenia border raises fears of another military incursion
Categories Business General HIGHLIGHTS Selim Cevik: Economic dimension of Turkey – Gulf relations Atilla YeşiladaPosted on16 February, 2024 Decoupling of Countries The difference in the speed and degree of Turkey’s reconciliation with Gulf … Continue ReadingSelim Cevik: Economic dimension of Turkey – Gulf relations
Categories Economy General HIGHLIGHTS Finance Minister: Türkiye wil not do anything “extraordinary” to curb inflation Cem CetingucPosted on16 February, 2024 Türkiye will not do anything “extraordinary” to curb inflation, Treasury and Finance Minister Mehmet Şimşek … Continue ReadingFinance Minister: Türkiye wil not do anything “extraordinary” to curb inflation
Categories General HIGHLIGHTS ‘Race against time’ to rescue Turkish miners after landslide Cem CetingucPosted on16 February, 2024 Hundreds of rescuers are continuing their search for nine gold field workers who went missing … Continue Reading‘Race against time’ to rescue Turkish miners after landslide
Categories General HIGHLIGHTS Concerns continue to rise for ‘Istanbul Earthquake’ Cem CetingucPosted on16 February, 202416 February, 2024 Istanbul, Turkey – Earthquake fever has gripped Istanbul since last year’s disaster in southern Turkey, as … Continue ReadingConcerns continue to rise for ‘Istanbul Earthquake’
Categories Company & Industry General HIGHLIGHTS Turkish Airlines: Outlook improves, yet valuations are stretched Cem CetingucPosted on16 February, 2024 Turkish Airlines shares have had a strong performance YTD, up 24% in USD terms, outperforming … Continue ReadingTurkish Airlines: Outlook improves, yet valuations are stretched
Categories Economy HIGHLIGHTS CBRT Market Participants Survey: Inflation is moving away from expectations, not converging Editor P.A.Posted on16 February, 202416 February, 2024 According to the ‘Market Participants Survey’ published by the Central Bank of Turkey; year-end inflation … Continue ReadingCBRT Market Participants Survey: Inflation is moving away from expectations, not converging
Categories HIGHLIGHTS Politics Why is the Istanbul election important for Turkish politics? Editor P.A.Posted on16 February, 2024 As the local elections approach, campaigns and political polemics accelerate, the outcome of the election … Continue ReadingWhy is the Istanbul election important for Turkish politics?
Categories Economy HIGHLIGHTS (UPDATE-Commentary added) Housing sales continue to slide in Turkey following strong rate hikes Güldem AtabayPosted on16 February, 202416 February, 2024 Halk Yatirim Research commentary According to TUIK data, total housing sales across Turkey decreased by … Continue Reading(UPDATE-Commentary added) Housing sales continue to slide in Turkey following strong rate hikes
Categories General HIGHLIGHTS Politics Türkiye will continue efforts for Russia-Ukraine peace: Erdoğan Cem CetingucPosted on15 February, 2024 Despite problems and preventions from the Western world, Türkiye will continue its efforts for a peace agreement … Continue ReadingTürkiye will continue efforts for Russia-Ukraine peace: Erdoğan
Categories General Emerging markets growth speeds up in 2024 Cem CetingucPosted on15 February, 2024 A third consecutive monthly acceleration in global output growth was supported by faster emerging market … Continue ReadingEmerging markets growth speeds up in 2024
Categories Atilla Yeşilada Economy Finance HIGHLIGHTS Video Analysis: Turkish inflation is raging, Mehmet Simsek’s job is in jeopardy? Atilla YeşiladaPosted on14 February, 2024 CPI soared by 6.5% in January and 65% per annum. • As far as … Continue ReadingVideo Analysis: Turkish inflation is raging, Mehmet Simsek’s job is in jeopardy?
Categories HIGHLIGHTS Politics Turkey-Egypt ready for cooperation to stop bloodshed in Gaza: Erdoğan Cem CetingucPosted on14 February, 202414 February, 2024 President Recep Tayyip Erdoğan said Türkiye and Egypt are ready to cooperate to stop the … Continue ReadingTurkey-Egypt ready for cooperation to stop bloodshed in Gaza: Erdoğan
Categories General HIGHLIGHTS Politics US-Turkey relations bound to improve amid F-16 deal Cem CetingucPosted on14 February, 2024 A deal between Türkiye and the United States on the sale of 40 new F-16s to the … Continue ReadingUS-Turkey relations bound to improve amid F-16 deal
Categories Economy HIGHLIGHTS Türkiye’s current account deficit expected to shrink: CBRT data Cem CetingucPosted on13 February, 2024 Türkiye ended 2023 with a lower-than-expected current account deficit of nearly $2.1 billion (TL 64.52 … Continue ReadingTürkiye’s current account deficit expected to shrink: CBRT data
Categories Emerging Markets General HIGHLIGHTS WTO meeting takes place in Abu Dhabi Cem CetingucPosted on13 February, 202413 February, 2024 The world’s trade ministers could put the final touches to a historic fisheries deal when … Continue ReadingWTO meeting takes place in Abu Dhabi
