Categories Economy HIGHLIGHTS Politics Amid Tensions With U.S., Erdogan Praises Ties with Russia Güldem AtabayPosted on29 September, 2021 Relations between President Recep Tayyip Erdogan and the Biden administration may be frayed, but on … Continue ReadingAmid Tensions With U.S., Erdogan Praises Ties with Russia
Categories Economy General Economic absurdity of Erdogan Cem CetingucPosted on29 September, 2021 Turkish President Recep Erdogan’s pride in his country’s recent interest rate cut calls to mind the apocryphal story … Continue ReadingEconomic absurdity of Erdogan
Categories Economy EM outlook for 4Q Cem CetingucPosted on29 September, 2021 The pace of vaccine rollouts has accelerated in core emerging markets (EMs) in the past … Continue ReadingEM outlook for 4Q
Categories Economy S&P boosts Turkey GDP forecast Cem CetingucPosted on29 September, 2021 International credit rating agency Standard & Poor’s (S&P) raised its gross domestic product growth forecast for Turkey to … Continue ReadingS&P boosts Turkey GDP forecast
Categories Economy General CBRT governor remarks… Cem CetingucPosted on29 September, 2021 The governor of the Turkish central bank on Tuesday said he expects pricing behavior to … Continue ReadingCBRT governor remarks…
Categories Business Economy EM Europe food retailers : Inflation driving a discounter market Cem CetingucPosted on29 September, 2021 Inflation takes-over higher base effect: Higher food Inflation is a key theme currently playing out … Continue ReadingEM Europe food retailers : Inflation driving a discounter market
Categories Economy HIGHLIGHTS Politics Gap between minimum wage, starvation line further increases in September Güldem AtabayPosted on27 September, 2021 The Confederation of Turkish Trade Unions (Türk-İş) has released the findings of the “Starvation and … Continue ReadingGap between minimum wage, starvation line further increases in September
Categories Economy HIGHLIGHTS Politics Turkey, US back to S-400 quagmire after Erdoğan vows to get second batch Güldem AtabayPosted on27 September, 2021 President Recep Tayyip Erdoğan said Turkey still intended to buy a second batch of S-400 … Continue ReadingTurkey, US back to S-400 quagmire after Erdoğan vows to get second batch
Categories Economy HIGHLIGHTS Politics Murat Yetkin: Scholz term in Germany: how will Turkey policy change? Güldem AtabayPosted on27 September, 2021 Olaf Scholz, the candidate of the Social Democratic Party (SPD), won the elections held on … Continue ReadingMurat Yetkin: Scholz term in Germany: how will Turkey policy change?
Categories Economy HIGHLIGHTS Politics Abu Dhabi’s Wealth Funds Weigh Turkey Investments Worth Billions Güldem AtabayPosted on24 September, 2021 Wealth funds in Abu Dhabi are on the prowl in Turkey, scouting for targets for … Continue ReadingAbu Dhabi’s Wealth Funds Weigh Turkey Investments Worth Billions
Categories Economy HIGHLIGHTS September: Capacity utilization rate rises but real sector confidence index weakens Güldem AtabayPosted on24 September, 2021 The manufacturing industry capacity utilization rate (CUR) is announced as 78.1% for September, an increase … Continue ReadingSeptember: Capacity utilization rate rises but real sector confidence index weakens
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 HIGHLIGHTS Politics Turkey’s Erdoğan says U.S. is not playing fair with Turkey, relations unhealthy Güldem AtabayPosted on23 September, 2021 Turkish president Recep Tayyip Erdoğan has blamed the United States for not being honest with … Continue ReadingTurkey’s Erdoğan says U.S. is not playing fair with Turkey, relations unhealthy
Categories Economy Finance HIGHLIGHTS Aftermath: Central Bank of Turkey rate cut Atilla YeşiladaPosted on23 September, 2021 Turkish view by Yatirim Finansman Securities: Beware of negative consequences The CBRT stressed that the … Continue ReadingAftermath: Central Bank of Turkey rate cut
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 Economy HIGHLIGHTS OECD ups 2021 Turkish inflation rate to 17.8 percent and GDP growth to 8.7 percent Güldem AtabayPosted on22 September, 2021 The Organization for Economic Co-operation and Development (OECD) in its year-end report has increased Turkey’s … Continue ReadingOECD ups 2021 Turkish inflation rate to 17.8 percent and GDP growth to 8.7 percent
Categories Economy HIGHLIGHTS Politics Turkey remains ‘not free’ in Freedom House 2021 Internet Report Güldem AtabayPosted on22 September, 2021 Freedom House has designated Turkey as “not free” in its annual “ Freedom on the Net” report for 2021, … Continue ReadingTurkey remains ‘not free’ in Freedom House 2021 Internet Report
Categories Economy HIGHLIGHTS Turkey’s consumer confidence improves in September Güldem AtabayPosted on22 September, 2021 Turkish consumer confidence rose in September, partially reversing two months of declines. The increase was … Continue ReadingTurkey’s consumer confidence improves in September
Categories Economy Emerging Markets HIGHLIGHTS Tim Ash: Stagflation—are we there yet? Atilla YeşiladaPosted on22 September, 2021 Had to double check the dictionary definition but for me it’s persistently high inflation and … Continue ReadingTim Ash: Stagflation—are we there yet?
Categories Economy HIGHLIGHTS Markets How Bad is Fed Taper for Turkish Assets? Atilla YeşiladaPosted on22 September, 202122 September, 2021 How Bad is Fed Taper for Turkish Assets? Fed is changing its monetary … Continue ReadingHow Bad is Fed Taper for Turkish Assets?