Categories Economy Güldem Atabay HIGHLIGHTS Markets Politics Turkish central bank’s mock Inflation Report Güldem AtabayPosted on28 October, 202028 October, 2020Following days of Turkish lira meltdown that added to 5.6% against the USD over the … Continue ReadingTurkish central bank’s mock Inflation Report
Categories Economy Emerging Markets HIGHLIGHTS Hail the Turkish state of mind: October economic confidence spikes 4.8% Güldem AtabayPosted on28 October, 2020Economic confidence index that was 88.5 in September increased by 4.8% in October to 92.8. … Continue ReadingHail the Turkish state of mind: October economic confidence spikes 4.8%
Categories Economy Emerging Markets Finance HIGHLIGHTS Politics BBC: Turkish lira sinks amid Erdogan fury with allies Güldem AtabayPosted on28 October, 2020President Recep Tayyip Erdogan has riled France and the US among others. Analysts attribute the … Continue ReadingBBC: Turkish lira sinks amid Erdogan fury with allies
Categories Economy Emerging Markets HIGHLIGHTS Markets Politics DW: Boycott call tests France-Turkey trade relations Güldem AtabayPosted on28 October, 2020Turkish President Recep Tayyip Erdogan has urged Turks to stop buying French goods in response … Continue ReadingDW: Boycott call tests France-Turkey trade relations
Categories Economy Emerging Markets HIGHLIGHTS HYPED Politics CFR: The changing nature of Turkey’s balance sheet risks Güldem AtabayPosted on27 October, 2020The lira was under a fair amount of pressure today. Bloomberg reports the state banks … Continue ReadingCFR: The changing nature of Turkey’s balance sheet risks
Categories Economy HIGHLIGHTS Politics Albayrak says “Turkey has no plans for capital controls” and “competitive TL working” Güldem AtabayPosted on27 October, 2020Bloomberg HT cited Treasury and Finance Minister Berat Albayrak as saying in a conference call … Continue ReadingAlbayrak says “Turkey has no plans for capital controls” and “competitive TL working”
Categories Economy HIGHLIGHTS Politics Politico: By sea and land, Turkey raises tensions with EU Güldem AtabayPosted on27 October, 2020Turkish President Recep Tayyip Erdoğan’s provocations — including saying Emmanuel Macron needs “mental treatment” — have angered the … Continue ReadingPolitico: By sea and land, Turkey raises tensions with EU
Categories HIGHLIGHTS Politics Erdogan calls for talks on two-state solution for Cyprus Güldem AtabayPosted on26 October, 2020Right after the presidential elections in the Turkish Republic of Northern Cyprus (TRNC) was completed … Continue ReadingErdogan calls for talks on two-state solution for Cyprus
Categories Economy Emerging Markets Sectoral Confidence Indices recovery in October: Winner is the service sector Güldem AtabayPosted on26 October, 202026 October, 2020Seasonally adjusted confidence index increased by 6.4% in services sector, 1.7% in retail trade sector … Continue ReadingSectoral Confidence Indices recovery in October: Winner is the service sector
Categories Economy October industrial confidence at highest since May 2018 the currency crisis Güldem AtabayPosted on26 October, 202026 October, 2020The central bank data showed Turkey’s industrial confidence at the highest level in almost two … Continue ReadingOctober industrial confidence at highest since May 2018 the currency crisis
Categories Economy HIGHLIGHTS TL sinking while policy makers stand powerless Güldem AtabayPosted on26 October, 2020The lira reached 8.05 since the early trade weakening from a close of 7.9650 on … Continue ReadingTL sinking while policy makers stand powerless
Categories HIGHLIGHTS Politics KONDA: Support for the AKP down, centre-right opposition up Güldem AtabayPosted on22 October, 2020In a study by Turkey’s leading pollster KONDA, support for Turkey’s ruling Justice and Development … Continue ReadingKONDA: Support for the AKP down, centre-right opposition up
Categories Economy HIGHLIGHTS FT: Turkish lira sinks to record low after central bank holds fire Güldem AtabayPosted on22 October, 2020Turkey’s central bank has dented hopes for a return to economic orthodoxy, ignoring calls from … Continue ReadingFT: Turkish lira sinks to record low after central bank holds fire
Categories Economy HIGHLIGHTS Consumer Confidence marginally down in October Güldem AtabayPosted on22 October, 2020Consumer confidence in Turkey marginally eased in October compared with the previous month as the … Continue ReadingConsumer Confidence marginally down in October
Categories Economy Emerging Markets HIGHLIGHTS Markets Politics ANALYSIS: The central bank’s inaction today will bring more rate hikes down the road Güldem AtabayPosted on22 October, 202022 October, 2020What began as a promising move in September, with the central bank of Turkey finally … Continue ReadingANALYSIS: The central bank’s inaction today will bring more rate hikes down the road
Categories Economy HIGHLIGHTS Politics Analysis: Biden risk looms for Turkey’s Erdogan and beleaguered lira Güldem AtabayPosted on21 October, 2020Turkey stands to lose more than most other countries if Joe Biden is elected president … Continue ReadingAnalysis: Biden risk looms for Turkey’s Erdogan and beleaguered lira
Categories Economy HIGHLIGHTS Reuters poll: Turkey’s economy to contract sharply this year, first since 2009 Güldem AtabayPosted on21 October, 2020Turkey’s economy will shrink 3.4% in 2020, a Reuters poll showed on Wednesday, a much … Continue ReadingReuters poll: Turkey’s economy to contract sharply this year, first since 2009
Categories Economy HIGHLIGHTS COVID-19 cases is about 5X the official figure: Turkey to return to coronavirus curbs Güldem AtabayPosted on21 October, 2020Turkey is considering re-imposing some measures to stem rising coronavirus cases such as stay-home orders … Continue ReadingCOVID-19 cases is about 5X the official figure: Turkey to return to coronavirus curbs
Categories Economy HIGHLIGHTS Turkey’s sovereign wealth fund suspended plans to sell Eurobonds Güldem AtabayPosted on20 October, 2020BloombergHT reported that Turkey’s sovereign wealth fund suspended its plans to sell a five-year Eurobond. … Continue ReadingTurkey’s sovereign wealth fund suspended plans to sell Eurobonds
Categories Economy HIGHLIGHTS Politics Turkey Tests NATO With S-400 Escalation Güldem AtabayPosted on20 October, 2020Turkey reportedly conducted an expected live-fire test on Friday of its Russian S-400 surface-to-air missile system. … Continue ReadingTurkey Tests NATO With S-400 Escalation
