Categories Finance HIGHLIGHTS Hot money torrent in Turkish markets Atilla YeşiladaPosted on14 December, 2023 Expectations of Feed pivot, validated by Fed FOMC dot plot and lower oil prices which … Continue ReadingHot money torrent in Turkish markets
Categories Economy Finance HIGHLIGHTS Turkey’s current account posts a surplus of 186 million dollars in October Güldem AtabayPosted on11 December, 2023 Turkey’s October current account balance showed a surplus of 186 million dollars bringing down the … Continue ReadingTurkey’s current account posts a surplus of 186 million dollars in October
Categories Emerging Markets Finance HIGHLIGHTS Markets Hot money returns to Turkish financial markets Atilla YeşiladaPosted on8 December, 2023 Once a haven for carry trade and EM equity investments, foreign interest in Turkish financial … Continue ReadingHot money returns to Turkish financial markets
Categories Finance HIGHLIGHTS Özlem Derici Şengül Market Professionals: Return to TL instruments is accelerating Güldem AtabayPosted on4 December, 2023 According to the results of the Market Professionals Survey (PPA) organized by Spinn Consulting and … Continue ReadingMarket Professionals: Return to TL instruments is accelerating
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets TL will gain value throughout 2024 Atilla YeşiladaPosted on1 December, 2023 It takes courage to make this claim in an environment where all Turkish YouTubers claim … Continue ReadingTL will gain value throughout 2024
Categories Finance HIGHLIGHTS Bloomberg claim: Abu Dhabi Wealth Fund to buy 10 year sukuk from Turkey Atilla YeşiladaPosted on24 November, 2023 When President Erdogan and his economy czar Mehmet Simsek visited the Gulf countries after May … Continue ReadingBloomberg claim: Abu Dhabi Wealth Fund to buy 10 year sukuk from Turkey
Categories Finance HIGHLIGHTS ANALYSIS: CBRT hikes the policy rate by 500 bps to 40% Atilla YeşiladaPosted on23 November, 2023 The CBRT raised its policy rate by 500bps to 40%, exceeding market expectations of a … Continue ReadingANALYSIS: CBRT hikes the policy rate by 500 bps to 40%
Categories Atilla Yeşilada Finance HIGHLIGHTS COMMENTARY: A sanguine TL outlook until March local elections Atilla YeşiladaPosted on21 November, 2023 Winter is upon us, one more time, along with perennial worries about currency shocks, which … Continue ReadingCOMMENTARY: A sanguine TL outlook until March local elections
Categories Finance HIGHLIGHTS Has orthodox economic policy bolstered the Turkish Lira? Atilla YeşiladaPosted on18 November, 202322 November, 2023 Almost half of a year has passed since the central bank of Turkey changed its … Continue ReadingHas orthodox economic policy bolstered the Turkish Lira?
Categories Emerging Markets Finance HIGHLIGHTS Markets Commentary: TL government bonds attracting attention of investment banks, financial press Atilla YeşiladaPosted on16 November, 2023 It was Bloomberg which first sounded out EM fund managers about their interest in the … Continue ReadingCommentary: TL government bonds attracting attention of investment banks, financial press
Categories Finance General HIGHLIGHTS Central Bank governor Erkan: Monetary policy is working, determined to combat inflation Atilla YeşiladaPosted on16 November, 2023 The Central Bank of the Republic of Turkey (TCBM) published the last Financial Stability Report … Continue ReadingCentral Bank governor Erkan: Monetary policy is working, determined to combat inflation
Categories Business Company & Industry Finance HIGHLIGHTS Fitch: Turkish banks face “government intervention risk” Atilla YeşiladaPosted on14 November, 202314 November, 2023 Fitch rating agency warned about the risks faced by the Turkish banking system, largely arising … Continue ReadingFitch: Turkish banks face “government intervention risk”
Categories Finance HIGHLIGHTS Deutsche Bank research: TL bonds still unattractive, but worth following closely Atilla YeşiladaPosted on14 November, 2023 The global backdrop After a decent start to the second half in July, EM local … Continue ReadingDeutsche Bank research: TL bonds still unattractive, but worth following closely
Categories Economy Finance HIGHLIGHTS CBRT/Gaye Erkan: monetary tightening to last until significant improvement in inflation outlook – 3 Atilla YeşiladaPosted on2 November, 2023 This is the final part of our coverage of CBRT’s quarterly inflation report. After a … Continue ReadingCBRT/Gaye Erkan: monetary tightening to last until significant improvement in inflation outlook – 3
Categories Economy Finance HIGHLIGHTS CBRT/Gaye Erkan: Medium-term projections-2 Atilla YeşiladaPosted on2 November, 2023 This is the second installment of our coverage of TURKEY’s third inflation report of the … Continue ReadingCBRT/Gaye Erkan: Medium-term projections-2
Categories Economy Finance HIGHLIGHTS Highlights from Gaye Erkan’s Inflation Report presentation—1 Atilla YeşiladaPosted on2 November, 2023 Now, I would like to elaborate on the monetary policy strategy we are implementing in … Continue ReadingHighlights from Gaye Erkan’s Inflation Report presentation—1
Categories Finance HIGHLIGHTS Gedik Investment: CBRT hikes the policy rate by 500 bps to 35% Atilla YeşiladaPosted on27 October, 2023 The CBRT increased the policy rate by 500 bps to 35% The CBRT, in … Continue ReadingGedik Investment: CBRT hikes the policy rate by 500 bps to 35%
Categories Economy Finance HIGHLIGHTS Further simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team Güldem AtabayPosted on27 October, 2023 Turkish central bank has announced measures to simplify regulations, including the termination of some securities … Continue ReadingFurther simplification steps from the Turkish Central Bank to ease the financial repressing of the previous economy team
Categories Economy Finance HIGHLIGHTS Markets Central bank rate decision on Thursday keeps the bankers guessing Güldem AtabayPosted on25 October, 202325 October, 2023 The Turkish Central Bank (TCMB) is set to reveal its policy interest rate decision on … Continue ReadingCentral bank rate decision on Thursday keeps the bankers guessing
Categories Finance HIGHLIGHTS Markets Erdogan’s remarks on Hamas had their toll on the equity market Güldem AtabayPosted on25 October, 2023 After opening 0.57% higher at 8035 points, the Borsa Istanbul 100 index began to decline … Continue ReadingErdogan’s remarks on Hamas had their toll on the equity market
