Categories Economy General Macro Snapshot: Foreign Trade Statistics Cem CetingucPosted on1 June, 2021 Foreign trade deficit decreased by 33.2% YoY to US3.1bn in April and decreased by 3.2% … Continue ReadingMacro Snapshot: Foreign Trade Statistics
Categories Economy Markets Experts: Covid-19 outbreaks in Asia could raise U.S. inflation Cem CetingucPosted on27 May, 202127 May, 2021 Fresh waves of Covid-19 cases in major manufacturing hubs in Asia could hit global supply … Continue ReadingExperts: Covid-19 outbreaks in Asia could raise U.S. inflation
Categories Finance Markets Tax loopholes create opportunity for Bitcoin investors Cem CetingucPosted on26 May, 2021 Greg Iacurci Crypto investors may be shell-shocked by a recent plunge in prices. But that … Continue ReadingTax loopholes create opportunity for Bitcoin investors
Categories General Erdoğan declares war against organized crime Cem CetingucPosted on26 May, 202126 May, 2021 Turkish President Recep Tayyip Erdoğan pledged to fight organized crime syndicates, adamant that he would … Continue ReadingErdoğan declares war against organized crime
Categories Economy General Macro Snapshot: CUR, RSCI and sectoral confidence indexes decreased Cem CetingucPosted on26 May, 202126 May, 2021 SA CUR decreased by 1pps 75.2% which is the lowest level since October 2020 (1Q20: … Continue ReadingMacro Snapshot: CUR, RSCI and sectoral confidence indexes decreased
Categories General Climate crisis: Almost a thousand extreme weather events occurred in Turkey last year Cem CetingucPosted on25 May, 202125 May, 2021 The Ecosphere Association has stated that the incidence of extreme weather events, such as the … Continue ReadingClimate crisis: Almost a thousand extreme weather events occurred in Turkey last year
Categories General Russian airlines cease most flights to Turkey Cem CetingucPosted on25 May, 2021 Russia’s S7 Airlines on Tuesday joined Aeroflot in its decision to cancel flights to Turkey … Continue ReadingRussian airlines cease most flights to Turkey
Categories Business Finance Macro Snapshot: Outstanding External Loans Received by Private Sector in March Cem CetingucPosted on17 May, 2021 In March, short term loans increased by USD815mn (trade credits increased by USD1.4bn) whereas long … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector in March
Categories Business Economy HIGHLIGHTS Small business pay heavy price for Covid protection Cem CetingucPosted on15 May, 2021 DUBAI: Staying in business through the COVID-19 pandemic has not been cheap for retailers, hoteliers … Continue ReadingSmall business pay heavy price for Covid protection
Categories Economy Markets China PPI signals higher global inflation Cem CetingucPosted on15 May, 2021 Enda Curran Higher prices for raw materials and supply bottlenecks are boosting producer prices, which … Continue ReadingChina PPI signals higher global inflation
Categories Economy Finance Macro Focus: IP, March 2021: Stronger course than expected in Q1 Cem CetingucPosted on15 May, 2021 In March, IP increased by 0.7% MoM and 16.6% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, March 2021: Stronger course than expected in Q1
Categories Business Company & Industry Karadeniz says to Lebanon: Pay debts or power cuts are on the way Cem CetingucPosted on15 May, 2021 Turkey’s Karadeniz, which supplies electricity to Lebanon from power barges, said on Tuesday Beirut must … Continue ReadingKaradeniz says to Lebanon: Pay debts or power cuts are on the way
Categories Economy Finance European markets drop sharply after U.S. tech stocks plummet Cem CetingucPosted on11 May, 202111 May, 2021 Elliot Smith, Holly Ellyatt European markets dropped sharply on Tuesday following a sell-off in U.S. … Continue ReadingEuropean markets drop sharply after U.S. tech stocks plummet
Categories Business Economy Turkey’s industrial production increased by 16.6 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index … Continue ReadingTurkey’s industrial production increased by 16.6 percent annually
Categories Business Economy Retail sales volume increased by 19.2 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 Retail sales volume with constant prices (2015=100) increased by 19.2% in March 2021 compared with … Continue ReadingRetail sales volume increased by 19.2 percent annually
Categories Business Company & Industry Top Banking Pick of 2021: Garanti Bank Cem CetingucPosted on10 May, 2021 Short-term recovery from recent lows likely Garanti share price is down 30% since our downgrade … Continue ReadingTop Banking Pick of 2021: Garanti Bank
Categories Business Company & Industry Company Outlook: Adding GARAN & SISE, Removing MGROS Cem CetingucPosted on10 May, 2021 Adding GARAN. We expect Garanti to maintain its leading position in ROE progression this year with … Continue ReadingCompany Outlook: Adding GARAN & SISE, Removing MGROS
Categories Business Turkey’s exports to Saudi Arabia plummet in April Cem CetingucPosted on6 May, 20216 May, 2021 Turkey’s exports to Saudi Arabia all but dried up in April, according to official data, … Continue ReadingTurkey’s exports to Saudi Arabia plummet in April
Categories General Macro Snapshot: CBRT’s Expectations Survey Cem CetingucPosted on6 May, 2021 Policy rate would be kept stable in May but could be decreased by 75bps in … Continue ReadingMacro Snapshot: CBRT’s Expectations Survey
Categories Business Company & Industry Economy EBRD & Turkey agreed to boost innovation in competitive sectors Cem CetingucPosted on6 May, 2021 The European Bank for Reconstruction and Development (EBRD) and Turkey have agreed to boost innovation … Continue ReadingEBRD & Turkey agreed to boost innovation in competitive sectors
