Categories Economy HIGHLIGHTS ING: With elections out of the way, Ankara focuses on the economy Atilla YeşiladaPosted on9 April, 2024 While municipal election results showed a better performance by the opposition than pre-election polls had … Continue ReadingING: With elections out of the way, Ankara focuses on the economy
Categories Atilla Yeşilada Economy General HIGHLIGHTS Politics Video Commentary: CHP’s stunning victory shakes up the politcal landcape. What to expect next? Atilla YeşiladaPosted on4 April, 2024 It took me a couple of days to get over the shock of CHP beating … Continue ReadingVideo Commentary: CHP’s stunning victory shakes up the politcal landcape. What to expect next?
Categories Company & Industry Economy General HIGHLIGHTS Turkey’s Manufacturing PMI declines in March Cem CetingucPosted on1 April, 2024 March results of Istanbul Chamber of Industry (ISO) Turkey Manufacturing PMI Survey were announced. … Continue ReadingTurkey’s Manufacturing PMI declines in March
Categories Company & Industry Economy HIGHLIGHTS Annual inflation in Istanbul continues to rise: ITO Data Cem CetingucPosted on1 April, 2024 According to ITO data, retail prices in Istanbul increased by 3.93 percent and wholesale prices … Continue ReadingAnnual inflation in Istanbul continues to rise: ITO Data
Categories Economy HIGHLIGHTS Politics Güldem Atabay: Epic defeat for Erdoğan- A historic turning point in Turkish politics Güldem AtabayPosted on1 April, 20241 April, 2024 In the local elections held on March 31, Erdogan, despite securing a crucial presidential victory … Continue ReadingGüldem Atabay: Epic defeat for Erdoğan- A historic turning point in Turkish politics
Categories Economy General HIGHLIGHTS Politics MHP leader Bahçeli to adress concerns after devastating loss Cem CetingucPosted on1 April, 2024 Following a decline in votes for his party in the March 31 elections, Nationalist Movement … Continue ReadingMHP leader Bahçeli to adress concerns after devastating loss
Categories Economy General HIGHLIGHTS Politics Economic program will continue as intended: Minister Şimşek Cem CetingucPosted on1 April, 20241 April, 2024 As eyes are turning to the economy once again with the election cycle now over, Finance … Continue ReadingEconomic program will continue as intended: Minister Şimşek
Categories Company & Industry Economy Finance HIGHLIGHTS Fitch Raises TWF’s Rating to B+ with Positive Outlook Cem CetingucPosted on27 March, 202427 March, 2024 Fitch’s latest move upgrades Türkiye Wealth Fund’s rating to B+ and signals a positive outlook, … Continue ReadingFitch Raises TWF’s Rating to B+ with Positive Outlook
Categories Economy HIGHLIGHTS HYPED Turks rush into the dollar, gold and stocks as inflation savages TL Cem CetingucPosted on25 March, 2024 Down a dimly lit alleyway tucked just inside Istanbul’s Grand Bazaar, a few dozen men … Continue ReadingTurks rush into the dollar, gold and stocks as inflation savages TL
Categories Company & Industry Economy HIGHLIGHTS Turkish Banks’ NII Conundrum Is Being Resolved Cem CetingucPosted on25 March, 202422 June, 2024 Turkish Banks’ Margin Defense Looks Solid Despite Rising Rates (Bloomberg Intelligence) — Akbank, Garanti, Isbank … Continue ReadingTurkish Banks’ NII Conundrum Is Being Resolved
Categories Business Economy Emerging Markets HIGHLIGHTS Banana, apple exports boost post TL depreciation Cem CetingucPosted on22 March, 202422 March, 2024 According to EastFruit analysts, another collapse in the Turkish national currency has led to significant consequences for … Continue ReadingBanana, apple exports boost post TL depreciation
Categories Economy HIGHLIGHTS Gold smuggling in Turkey has surged due to the widening gap with the world market Güldem AtabayPosted on21 March, 2024 Turkey is experiencing a surge in gold smuggling as individuals seek to capitalize on the … Continue ReadingGold smuggling in Turkey has surged due to the widening gap with the world market
Categories Economy Finance Güldem Atabay HIGHLIGHTS Turkey’s central bank shows muscle with 500 bps rate hike: What’s next from here? Güldem AtabayPosted on21 March, 202421 March, 2024 The Monetary Policy Committee (MPC) of the Central Bank of the Republic of Turkey (CBRT) … Continue ReadingTurkey’s central bank shows muscle with 500 bps rate hike: What’s next from here?
Categories Economy Finance HIGHLIGHTS Tim Ash: Turkey – another critical MPC meeting Atilla YeşiladaPosted on20 March, 2024 The CBRT’s MPC meets again this week in what is shaping up to be a … Continue ReadingTim Ash: Turkey – another critical MPC meeting
Categories Economy HIGHLIGHTS Politics VP Cevdet Yilmaz: No change in austerity program after the elections Atilla YeşiladaPosted on20 March, 2024 Speaking to businesspeople in Ankara, Vice President Cevdet Yılmaz stated that local elections are not … Continue ReadingVP Cevdet Yilmaz: No change in austerity program after the elections
Categories Economy General HIGHLIGHTS Consumer Confidence Index increased in March: Turkstat Cem CetingucPosted on20 March, 202420 March, 2024 Consumer confidence index realized as 79.4 Consumer confidence index, calculated from the results of the … Continue ReadingConsumer Confidence Index increased in March: Turkstat
Categories Economy HIGHLIGHTS Politics WSJ: Russia’s Backdoor to the Global Banking System Is Slamming Shut-Turkish lenders have become more cautious Güldem AtabayPosted on20 March, 2024 The Wall Street Journal (WSJ) reports that Turkish companies and banks have become cautious in … Continue ReadingWSJ: Russia’s Backdoor to the Global Banking System Is Slamming Shut-Turkish lenders have become more cautious
Categories Company & Industry Economy Finance HIGHLIGHTS Markets TEPAV: Rate hike should be 500 bps as two main problems emphasized Güldem AtabayPosted on19 March, 202419 March, 2024 In its ‘Monetary Policy Assessment Note’, TEPAV emphasized that the policy rate should be raised … Continue ReadingTEPAV: Rate hike should be 500 bps as two main problems emphasized
Categories Economy HIGHLIGHTS Politics Political Scientist Arzu Yilmaz: Turkey’s plans to establish a trade route in Iraq has nowhere to go Editor P.A.Posted on19 March, 202419 March, 2024 For some time now, contacts between Ankara and Baghdad have gained momentum… One of the … Continue ReadingPolitical Scientist Arzu Yilmaz: Turkey’s plans to establish a trade route in Iraq has nowhere to go
Categories Economy Finance HIGHLIGHTS Türkiye’s short-term external debt stock declines on January Cem CetingucPosted on18 March, 2024 Türkiye’s short-term external debt stock was recorded at $174.9 billion at the end of January, … Continue ReadingTürkiye’s short-term external debt stock declines on January
