Categories Company & Industry Economy Turkish Banks: Sector Monthly Data Cem CetingucPosted on7 September, 2021 Lower monthly ROE of 12% due to higher trading loss Turkish banking sector’s July net … Continue ReadingTurkish Banks: Sector Monthly Data
Categories General Turkey’s Health Minister Koca asks the public: What happened to us? Cem CetingucPosted on7 September, 2021 Health Minister Fahrettin Koca has raised concerns about the increase in the number of COVID-19 … Continue ReadingTurkey’s Health Minister Koca asks the public: What happened to us?
Categories Company & Industry Economy Deutsche Bank/TRY: carried away Cem CetingucPosted on7 September, 2021 Deutsche Bank closed its long position recommendation for dollar/TL, which it opened in May, after … Continue ReadingDeutsche Bank/TRY: carried away
Categories Economy HIGHLIGHTS Turkey: Headline CPI surprises to the upside; core remains more benign Cem CetingucPosted on7 September, 2021 For the second time in a row, headline surprised to the upside and core surprised … Continue ReadingTurkey: Headline CPI surprises to the upside; core remains more benign
Categories General Turkey’s economy bounces back with record 21.7% growth in Q2 Cem CetingucPosted on1 September, 2021 Turkey’s economy rebounded powerfully in the second quarter to grow at a record pace after … Continue ReadingTurkey’s economy bounces back with record 21.7% growth in Q2
Categories Economy General Macro Snapshot: Foreign Trade Statistics, July 2021 Cem CetingucPosted on1 September, 2021 Foreign trade gave a deficit of USD4.3bn in July. According to TurkStat’s unadjusted data of … Continue ReadingMacro Snapshot: Foreign Trade Statistics, July 2021
Categories Business Politics Tech U.S. trade chief: It is imperative for Turkey to remove digital services taxes Cem CetingucPosted on27 August, 2021 U.S. Trade Representative Katherine Tai told Turkey’s trade minister it was critical that countries remove … Continue ReadingU.S. trade chief: It is imperative for Turkey to remove digital services taxes
Categories Business Company & Industry IHC seeks investment opportunities in Turkey Cem CetingucPosted on27 August, 202127 August, 2021 Abu Dhabi conglomerate International Holding is seeking investment opportunities in Turkey in sectors including healthcare, … Continue ReadingIHC seeks investment opportunities in Turkey
Categories Economy Politics Japan loans 410 million dollars to Turkey for Syrian refugees Cem CetingucPosted on27 August, 2021 At a meeting in Istanbul with Turkish Foreign Minister Mevlüt Çavuşoğlu last Friday, Japanese Foreign … Continue ReadingJapan loans 410 million dollars to Turkey for Syrian refugees
Categories Company & Industry Finance HSBC: Turkish Aviation sector Cem CetingucPosted on27 August, 2021 Normalisation on track and risks appear more manageable: Air traffic in Turkey is exhibiting a … Continue ReadingHSBC: Turkish Aviation sector
Categories Business Politics Africa’s newest pal: Turkey Cem CetingucPosted on27 August, 2021 An Olympic-size swimming pool in coastal Senegal. A military base in Somalia. And in arid … Continue ReadingAfrica’s newest pal: Turkey
Categories Economy Finance Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on27 August, 202127 August, 2021 In August, manufacturing CUR, RSCI and sectoral confidence indices recorded increases. Seasonally adjusted (SA) Capacity … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Economy General Macro Snapshot: Consumer Confidence Index, August 2021 Cem CetingucPosted on23 August, 2021 Consumer Confidence Index (CCI) decreased by 1.6% to 78.2 in August (July: 79.5). Despite there … Continue ReadingMacro Snapshot: Consumer Confidence Index, August 2021
Categories Business General Politics Tunisia wants to nix Turkey free trade deal Cem CetingucPosted on23 August, 202124 August, 2021 Tunisia is seeking an urgent review of a trade agreement with Turkey in order to … Continue ReadingTunisia wants to nix Turkey free trade deal
Categories Company & Industry Finance DO & CO (DOCO TI) : Upgrade to Buy: Emerging stronger Cem CetingucPosted on22 August, 2021 Overall business is on an improving trend: We believe DO & CO is on a … Continue ReadingDO & CO (DOCO TI) : Upgrade to Buy: Emerging stronger
Categories General Turkish firm to start manufacturing high-power engines for military vehicles Cem CetingucPosted on20 August, 202120 August, 2021 Turkish engine manufacturing company TUMOSAN will produce engines for military vehicles, Turkish media reported on … Continue ReadingTurkish firm to start manufacturing high-power engines for military vehicles
Categories Company & Industry General Chip shortage forces Toyota Turkey to cease production Cem CetingucPosted on20 August, 202121 August, 2021 As the semiconductor shortage keeps bedeviling the automotive industry, Toyota is pausing production at its … Continue ReadingChip shortage forces Toyota Turkey to cease production
Categories Business Company & Industry EEMEA Refiners: Crack spreads, differentials, valuations Cem CetingucPosted on20 August, 2021 2Q21 results: All three companies reported strong 2Q21 updates, with large oil price related gains … Continue ReadingEEMEA Refiners: Crack spreads, differentials, valuations
Categories Business Economy Macro Snapshot: Outstanding External Loans Received by Private Sector, June 2021 Cem CetingucPosted on19 August, 2021 In June, private sectors’ outstanding short term loans decreased by USD0.2bn to USD9.5bn whereas long … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector, June 2021
Categories General Politics US denies refugee deal with Turkey Cem CetingucPosted on19 August, 202119 August, 2021 The United States has denied claims that a refugee deal was signed between Turkish President … Continue ReadingUS denies refugee deal with Turkey
