Categories Finance HYPED Markets Turkish Lira leads EM currency slump Atilla YeşiladaPosted on19 May, 2021 Turkey’s lira led a decline in emerging market currencies ahead of the publication of the … Continue ReadingTurkish Lira leads EM currency slump
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 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 Finance HIGHLIGHTS Markets Al Monitor: Turkish lira nears record lows Atilla YeşiladaPosted on13 May, 2021 Turkey’s lira fell to a six-month low on Thursday as risks of tighter U.S. monetary … Continue ReadingAl Monitor: Turkish lira nears record lows
Categories Emerging Markets Finance HIGHLIGHTS US inflation takes toll on EM, Turkish Lira Atilla YeşiladaPosted on12 May, 2021 The U.S. dollar rose off a 2-1/2-month low versus major peers on Wednesday, as some … Continue ReadingUS inflation takes toll on EM, Turkish Lira
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 Emerging Markets Finance EM: Rate hike cycle gains pace Atilla YeşiladaPosted on6 May, 2021 While Turkey’s Central Bank held its policy rate at 19%, Brazil’s succumbed to inflation pressures, … Continue ReadingEM: Rate hike cycle gains pace
Categories Finance Gedik Invest: Rate cut expectations may be postponed Atilla YeşiladaPosted on6 May, 2021 CBRT kept its policy rate on hold at 19.0%, which is in line with market … Continue ReadingGedik Invest: Rate cut expectations may be postponed
Categories Emerging Markets Finance Capital flows to emerging markets climb in April on higher debt investments, IIF says Atilla YeşiladaPosted on5 May, 2021 Emerging market securities attracted capital flows of $45.5 billion in April, a significant recovery from … Continue ReadingCapital flows to emerging markets climb in April on higher debt investments, IIF says
Categories Emerging Markets Finance HIGHLIGHTS Taper Tantrum 2.0: Beware the TUCKANS Atilla YeşiladaPosted on4 May, 2021 2021 is not turning out to be the Goldilocks Year for Emerging Markets that the … Continue ReadingTaper Tantrum 2.0: Beware the TUCKANS
Categories Economy Finance JP Morgan: Governor Kavcioglu’s hawkish tone reduces the risk of premature easing Atilla YeşiladaPosted on1 May, 2021 By Yarkin Cebeci In the first inflation report briefing of his term, CBRT’s newly-appointed … Continue ReadingJP Morgan: Governor Kavcioglu’s hawkish tone reduces the risk of premature easing
Categories Economy Finance HIGHLIGHTS Politics Turkey’s banks ‘shy away from Erdoğan’s Kanal Istanbul project’ Güldem AtabayPosted on27 April, 2021 Some of Turkey’s biggest banks are reluctant to finance President Recep Tayyip Erdoğan’s planned Istanbul … Continue ReadingTurkey’s banks ‘shy away from Erdoğan’s Kanal Istanbul project’
Categories Finance Markets Turkey currency outlook: New bouts of weakness underway Atilla YeşiladaPosted on27 April, 2021 Turkey’s lira rebounded 1.5% on Monday and retreated from near an all-time low as locals … Continue ReadingTurkey currency outlook: New bouts of weakness underway
Categories Finance HIGHLIGHTS Turkey says it will respond in time to “outrageous” U.S. genocide statement Atilla YeşiladaPosted on26 April, 2021 U.S. President Joe Biden’s declaration that the massacres of Armenians in the Ottoman Empire constituted … Continue ReadingTurkey says it will respond in time to “outrageous” U.S. genocide statement
Categories Finance HIGHLIGHTS WARNING: Second crypto-scandal could stoke run on exchanges on Monday Atilla YeşiladaPosted on24 April, 2021 Turkish financial crimes watchdog MASAK on late Friday blocked all bank accounts of cryptocurrency exchange … Continue ReadingWARNING: Second crypto-scandal could stoke run on exchanges on Monday
Categories Finance Markets Turkish Airlines: Stock correction as a buying opportunity Atilla YeşiladaPosted on20 April, 2021 Turkish Airlines’ (TA) stock has been under pressure during the last month: it has lost … Continue ReadingTurkish Airlines: Stock correction as a buying opportunity
Categories Emerging Markets Finance Growing China human rights concerns risk curbing foreign investment needed to support economy Atilla YeşiladaPosted on17 April, 2021 International criticism of China’s alleged human rights violations has grown louder in recent months, putting … Continue ReadingGrowing China human rights concerns risk curbing foreign investment needed to support economy
Categories Economy Finance HIGHLIGHTS Central Bank Governor’ explanation on 128 billion dollar fx reserve meltdown: Yet the question remains Güldem AtabayPosted on16 April, 2021 Shahap Kavcioglu, Governor of the Central Bank of the Republic of Turkey, responded to allegations … Continue ReadingCentral Bank Governor’ explanation on 128 billion dollar fx reserve meltdown: Yet the question remains
Categories Economy Emerging Markets Finance General HIGHLIGHTS HYPED Politics The real story behind Turkey’s 128 bn dollar fx reserve loss I Kerim Rota Güldem AtabayPosted on15 April, 2021 Is it possible to return to the Roulette table? How did the “reserve leakage” arise? … Continue ReadingThe real story behind Turkey’s 128 bn dollar fx reserve loss I Kerim Rota
Categories Economy Finance General HIGHLIGHTS Turkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations Güldem AtabayPosted on13 April, 2021 A lawyer for Halkbank told a U.S. appeals court on Monday that the state-owned Turkish … Continue ReadingTurkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations
