Categories Economy CBRT’s latest rate cut increases risks on inflation Cem CetingucPosted on24 September, 2021 In a rather surprising move, the CBRT cut its 1-week repo rate 100bp to 18.00%. … Continue ReadingCBRT’s latest rate cut increases risks on inflation
Categories Economy Finance Macro Snapshot: Turkey Consumer Confidence Index, September 2021 Cem CetingucPosted on23 September, 2021 In September, CCI decreased by 1.8% MoM to 79.7 (August: 78.2). According to 3-month average … Continue ReadingMacro Snapshot: Turkey Consumer Confidence Index, September 2021
Categories General Politics Reuters: Islamic cleric Ali Erbas moves center stage, triggering secularists in Turkey Cem CetingucPosted on23 September, 2021 When President Tayyip Erdogan opened a new court complex this month, Turkey’s senior cleric sealed … Continue ReadingReuters: Islamic cleric Ali Erbas moves center stage, triggering secularists in Turkey
Categories Company & Industry Finance HSBC: Turkish Banks Cem CetingucPosted on22 September, 2021 Improving margins to boost core PPI in 2H21e and … We reiterate our view that … Continue ReadingHSBC: Turkish Banks
Categories General Turkey to ratify Paris Climate Pact Cem CetingucPosted on22 September, 2021 President Tayyip Erdogan said on Tuesday that the Paris climate agreement would be presented to … Continue ReadingTurkey to ratify Paris Climate Pact
Categories Politics Pro-AKP Demiroren Group seeks debt restructuring Cem CetingucPosted on22 September, 202122 September, 2021 Backed by TC Ziraat Bankasi AS, the country’s biggest lender, Demiroren Holding AS paid almost … Continue ReadingPro-AKP Demiroren Group seeks debt restructuring
Categories General Northern Forests Research Association: Enviromental destruction will have severe damages Cem CetingucPosted on22 September, 2021 According to the report of the Northern Forests Research Association, all areas in this geography … Continue ReadingNorthern Forests Research Association: Enviromental destruction will have severe damages
Categories General Erdogan declares war against Bitcoin Cem CetingucPosted on21 September, 202121 September, 2021 Recep Erdogan – the firebrand Turkish president – has declared war on Bitcoin. In the … Continue ReadingErdogan declares war against Bitcoin
Categories Economy Erdogan’s vaning patience for high interest rates Cem CetingucPosted on21 September, 2021 Turkey’s central bank has begun setting the stage for an interest rate cut long sought … Continue ReadingErdogan’s vaning patience for high interest rates
Categories Business Finance Y.F. Equity Strategy Report: Running to stand still Cem CetingucPosted on21 September, 202121 September, 2021 We are moving our BIST-100 target to 1,875 (previously 1,750), while underlining risks that lower … Continue ReadingY.F. Equity Strategy Report: Running to stand still
Categories Economy Finance Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on20 September, 2021 Policy rate would be kept stable in September but to be cut by 100bps in … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories General Turkey fights both delta and delta plus variants Cem CetingucPosted on20 September, 2021 Turkey is fighting both delta and delta plus variants of coronavirus as the number of daily infections is … Continue ReadingTurkey fights both delta and delta plus variants
Categories Economy General Covid-19 pushing EM youth to poverty Cem CetingucPosted on20 September, 2021 Indonesia recently surpassed India as the country with the maximum number of cases reported in a … Continue ReadingCovid-19 pushing EM youth to poverty
Categories Company & Industry Medical equipment suppliers protest on streets Cem CetingucPosted on17 September, 2021 Turkish medical producers protested on Thursday over unpaid bills worth hundreds of millions of dollars … Continue ReadingMedical equipment suppliers protest on streets
Categories Economy Emerging Markets Markets EMs face taper test Cem CetingucPosted on17 September, 202117 September, 2021 After a few quarters of strong recovery in economic activity — accompanied by inflationary pressure … Continue ReadingEMs face taper test
Categories Economy Finance Macro Snapshot: Outstanding External Loans Received by Private Sector Cem CetingucPosted on17 September, 2021 Outstanding loans received from abroad by private sector was USD173.3bn at the end of July. … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector
Categories General Politics Taliban intend to develop good relations with Turkey Cem CetingucPosted on16 September, 2021 The Taliban are willing to develop strong relations with Turkey, the deputy foreign minister of … Continue ReadingTaliban intend to develop good relations with Turkey
Categories Company & Industry Finance Y. F. Top Picks Update: Removing KRDMD Cem CetingucPosted on16 September, 2021 Removing KRDMD. We remove KRDMD from our top-picks as the stock came under selling pressure due … Continue ReadingY. F. Top Picks Update: Removing KRDMD
Categories General Markets Turkey housing sales down 17% annually Cem CetingucPosted on15 September, 2021 Turkey recorded 141,400 housing sales in August, down 17% year-on-year, the country’s statistical authority announced on … Continue ReadingTurkey housing sales down 17% annually
Categories General Politics What a new refugee crisis would mean for Turkey Cem CetingucPosted on14 September, 202114 September, 2021 The fall of Afghanistan to the Taliban has raised tensions between the EU and Turkey … Continue ReadingWhat a new refugee crisis would mean for Turkey
