Categories Economy Finance Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2 Cem CetingucPosted on15 August, 202115 August, 2021 In June, IP increased by 2.3% MoM and 23.9% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, June 2021: IP figures indicate a strong growth in Q2
Categories Economy HIGHLIGHTS Inveo: Turkey’s current account deficit set to shrink through 2021 Atilla YeşiladaPosted on14 August, 202114 August, 2021 C/A deficit continues to trend down in June and is likely to do so going … Continue ReadingInveo: Turkey’s current account deficit set to shrink through 2021
Categories Business Economy HIGHLIGHTS Fitch Affirms Turkey at ‘BB-‘; Outlook Stable Atilla YeşiladaPosted on14 August, 2021 The agency issued the following statement KEY RATING DRIVERS Turkey’s ratings reflect weak monetary … Continue ReadingFitch Affirms Turkey at ‘BB-‘; Outlook Stable
Categories Economy General USD/TRY set to hit new highs at 9.00 by year-end – Standard Chartered Güldem AtabayPosted on12 August, 2021 The Central Bank of the Republic of Turkey (CBRT) is likely to keep its weekly … Continue ReadingUSD/TRY set to hit new highs at 9.00 by year-end – Standard Chartered
Categories Economy General Markets Central bank policy rate kept at 19 percent yet rate cut bets are open Güldem AtabayPosted on12 August, 2021 The Turkish Central Bank Monetary Policy Committee (MPC) kept the one-week repo auction interest rate, … Continue ReadingCentral bank policy rate kept at 19 percent yet rate cut bets are open
Categories Economy HIGHLIGHTS Mustafa Sonmez: Erdogan plays with fire to spur economic growth Atilla YeşiladaPosted on12 August, 2021 According to BloombergHT and AA Finance polls economists don’t anticipate a rate cut in Thursday’s … Continue ReadingMustafa Sonmez: Erdogan plays with fire to spur economic growth
Categories Economy HYPED VoA: Will there really be a post-pandemic recovery? Atilla YeşiladaPosted on11 August, 2021 Even as the U.S. and European economies bounce back from the depths of last year’s … Continue ReadingVoA: Will there really be a post-pandemic recovery?
Categories Business Company & Industry Economy Mevlut Çavuşoğlu on ASEAN Cem CetingucPosted on9 August, 20219 August, 2021 Asia, the cradle of some of the oldest civilizations, has again been gaining a pivotal … Continue ReadingMevlut Çavuşoğlu on ASEAN
Categories Atilla Yeşilada Economy HIGHLIGHTS Markets OPINION: Erdogan manages to upset the currency market, again Atilla YeşiladaPosted on8 August, 2021 President Erdogan found time to “instruct those who know that this message is for them” … Continue ReadingOPINION: Erdogan manages to upset the currency market, again
Categories Economy General Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on6 August, 2021 MoM expectations were over the historical averages until October (2003-2019 Median – Aug.: +0.4% Sep.: … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Economy HIGHLIGHTS Turkey’s Economy: Tons of Potential but, in the Middle of a Recession? Atilla YeşiladaPosted on6 August, 2021 Turkey, officially known as the Republic of Turkey, is a country located between the … Continue ReadingTurkey’s Economy: Tons of Potential but, in the Middle of a Recession?
Categories Economy General Erdogan: Turkish economy will grow more than 7% this year Cem CetingucPosted on5 August, 20215 August, 2021 President Tayyip Erdogan said on Wednesday Turkey’s economy would grow more than 7% this year, … Continue ReadingErdogan: Turkish economy will grow more than 7% this year
Categories Economy HIGHLIGHTS Turkey’s wildfires tell a devastating story of neglect and failure Güldem AtabayPosted on5 August, 2021 Swimming in the pristine waters of Turkey’s Mediterranean coast a few weeks ago, I thought, … Continue ReadingTurkey’s wildfires tell a devastating story of neglect and failure
Categories Economy HIGHLIGHTS HYPED Erdogan Says Turkey Rate Cuts Will Bring Lower Inflation Güldem AtabayPosted on5 August, 2021 Turkish President Recep Tayyip Erdogan on Wednesday said lowering interest rates would prevent inflation from … Continue ReadingErdogan Says Turkey Rate Cuts Will Bring Lower Inflation
Categories Economy HIGHLIGHTS JPMorgan Blames Turkey’s Volatile Lira for Investor Misgivings Güldem AtabayPosted on4 August, 2021 The lira’s best month this year may only serve to highlight the volatility that still … Continue ReadingJPMorgan Blames Turkey’s Volatile Lira for Investor Misgivings
Categories Economy HIGHLIGHTS Politics Turkey Says It Won’t Be ‘Waiting Room’ for Afghan Refugees Güldem AtabayPosted on4 August, 20215 August, 2021 Turkey on Wednesday blasted the U.S. for recommending that Afghans fearful of a vengeful Taliban … Continue ReadingTurkey Says It Won’t Be ‘Waiting Room’ for Afghan Refugees
Categories Economy HIGHLIGHTS Markets Turkey’s inflation hits the 19 percent policy rate benchmark Güldem AtabayPosted on3 August, 2021 Consumer prices rose by 1.80% month-on-month in July, bringing annual CPI inflation to 18.95% from … Continue ReadingTurkey’s inflation hits the 19 percent policy rate benchmark
Categories Economy Emerging Markets Markets Emerging market stocks fall immensely due to Chinese regulatory efforts Cem CetingucPosted on3 August, 2021 An index of emerging market shares fell on Friday as Chinese equities slipped on regulatory … Continue ReadingEmerging market stocks fall immensely due to Chinese regulatory efforts
Categories Economy HIGHLIGHTS JP Morgan Turkey: Strong fiscal performance goes unnoticed Atilla YeşiladaPosted on2 August, 20212 August, 2021 A progressive structural reform program, a prudent monetary policy framework and an ambitious fiscal consolidation … Continue ReadingJP Morgan Turkey: Strong fiscal performance goes unnoticed
Categories Economy HIGHLIGHTS Holiday spending spells relief for the economy Atilla YeşiladaPosted on31 July, 2021 Turkey’s anemic economy received a shot in the arm thanks to a 9-day Eid al … Continue ReadingHoliday spending spells relief for the economy
