Categories Finance HIGHLIGHTS Moody’s revises Turkey’s outlook to positive on decisive change in economic policy Atilla YeşiladaPosted on13 January, 2024 (Reuters) – Moody’s (NYSE:MCO) on Friday revised Turkey’s outlook to positive from stable, citing the … Continue ReadingMoody’s revises Turkey’s outlook to positive on decisive change in economic policy
Categories Finance HIGHLIGHTS Markets TL flirts with new lows vs USD, but no worries Atilla YeşiladaPosted on11 January, 2024 Dollar/TL pair is about to close trading in Istanbul interbank market, at 29.99, a smidgeon … Continue ReadingTL flirts with new lows vs USD, but no worries
Categories Finance General HIGHLIGHTS Mehmet Simsek: Confidence in economic program is worth $8.8 bn Atilla YeşiladaPosted on11 January, 2024 Türkiye obtained billions of dollars in external resources, provided to various sectors in the country … Continue ReadingMehmet Simsek: Confidence in economic program is worth $8.8 bn
Categories Economy Finance HIGHLIGHTS ING: 2023 budget outperforms targets, market keyed on ratings upgrade Atilla YeşiladaPosted on9 January, 2024 12M rolling deficit below the MTP target in November November budget results showed a decline … Continue ReadingING: 2023 budget outperforms targets, market keyed on ratings upgrade
Categories Economy Finance General HIGHLIGHTS Turkish central bank nears the end of its tightening cycle yet the deposit yields slide Editor P.A.Posted on9 January, 2024 TL deposit interest rates, which exceeded 50 percent in the last month of the year … Continue ReadingTurkish central bank nears the end of its tightening cycle yet the deposit yields slide
Categories Finance HIGHLIGHTS Pimco and Vanguard back in the Turkish financial markets Editor P.A.Posted on5 January, 2024 U.S. investment giants Pimco and Vanguard have bought local Turkish assets in recent months, senior … Continue ReadingPimco and Vanguard back in the Turkish financial markets
Categories Finance HIGHLIGHTS Markets HSBC: New era for the lira Atilla YeşiladaPosted on4 January, 2024 The imbalance between the demand and supply of FX is likely to persist in 2024. … Continue ReadingHSBC: New era for the lira
Categories Finance HIGHLIGHTS Markets Asset Strategy for Turkey 2024: Stocks and dollar bonds may shine Atilla YeşiladaPosted on1 January, 2024 Regarding Turkish assets, we are selective on stocks and Eurobonds and more neutral on lira … Continue ReadingAsset Strategy for Turkey 2024: Stocks and dollar bonds may shine
Categories Economy Finance HIGHLIGHTS COMMENTARIES: Central Bank issues 2024 monetary and currency policy guidelines Atilla YeşiladaPosted on29 December, 2023 Central Bank of Turkey announced its 2024 monetary and currency policy guidlienes on 29th of … Continue ReadingCOMMENTARIES: Central Bank issues 2024 monetary and currency policy guidelines
Categories Business Finance HYPED Garanti BBVA CEO Bastug expects increased demand for TL assets, predictable macro and investment environment in 2024 Atilla YeşiladaPosted on27 December, 2023 BBVA´s CEO in Türkiye, Recep Baştuğ, spoke recently to national news outlet Anadolu Agency on … Continue ReadingGaranti BBVA CEO Bastug expects increased demand for TL assets, predictable macro and investment environment in 2024
Categories Atilla Yeşilada Economy Finance HIGHLIGHTS Video commentary: Five predictions for Turkish economy in 2024 Atilla YeşiladaPosted on26 December, 2023 Five predictions for Turkish economy in 2024 Monetary policy to stay tight throughout 2024, top … Continue ReadingVideo commentary: Five predictions for Turkish economy in 2024
Categories Finance HIGHLIGHTS Tech Erdogan picks crypto professor for central bank board Atilla YeşiladaPosted on24 December, 2023 President Erdoğan has appointed professor (Ms) Fatma Ozkul, an expert in crypto assets and blockchain … Continue ReadingErdogan picks crypto professor for central bank board
Categories Finance HIGHLIGHTS Central Bank hikes rates by another 250 points. What did experts say? Atilla YeşiladaPosted on22 December, 2023 Central Bank (CBRT) governor Gaye Erkan and Co. delivered as widely expected by surveys, raising … Continue ReadingCentral Bank hikes rates by another 250 points. What did experts say?
Categories Economy Finance HIGHLIGHTS A first from the Central Bank after 17 years: TL deposit purchase auction opened Güldem AtabayPosted on22 December, 2023 The Central Bank held a Turkish Lira deposit purchase auction for the first time since … Continue ReadingA first from the Central Bank after 17 years: TL deposit purchase auction opened
Categories Finance General HIGHLIGHTS CBRT governor Gaye Erkan’s interview triggers a storm of criticism in Turkey Atilla YeşiladaPosted on19 December, 2023 Turkey’s rookie Central Bank governor Mrs Hafize Gaye Erkan was unfortunate enough to be Shanghaied … Continue ReadingCBRT governor Gaye Erkan’s interview triggers a storm of criticism in Turkey
Categories Business Economy Finance HIGHLIGHTS Türkiye report from Moody’s: Not yet ready for prime time Atilla YeşiladaPosted on19 December, 2023 International credit rating agency Moody’s published a ‘Credit Opinion’ report for Turkey. “Our credit view … Continue ReadingTürkiye report from Moody’s: Not yet ready for prime time
Categories Economy Finance HIGHLIGHTS Turkey’s central bank to meet foreign investors in NY on January 11 Güldem AtabayPosted on18 December, 2023 Turkish Central Bank (TCMB) will hold an investor day on January 11th at JPMorgan’s New … Continue ReadingTurkey’s central bank to meet foreign investors in NY on January 11
Categories Finance HIGHLIGHTS Markets Deutsche Banks heralds carry trade in Turkish Lira is back Atilla YeşiladaPosted on17 December, 2023 We turned bullish on the lira in late September on account of over delivery from … Continue ReadingDeutsche Banks heralds carry trade in Turkish Lira is back
Categories Business Company & Industry Finance Markets BofA on Turkish bank stocks: Why domestic-retail investors shouldn’t be a worry Atilla YeşiladaPosted on17 December, 2023 Fears of possible overhang as retail clients feel squeeze One issue that frequently comes up … Continue ReadingBofA on Turkish bank stocks: Why domestic-retail investors shouldn’t be a worry
Categories Business Company & Industry Finance HIGHLIGHTS Turkey scores 3 major foreign financing victories in a week Atilla YeşiladaPosted on16 December, 2023 Turkey’s current account deficits are a perennial concern for investors, because their financing has been … Continue ReadingTurkey scores 3 major foreign financing victories in a week
