Categories Emerging Markets HIGHLIGHTS EM: No hope for ending the outbreaks, no hope for rapid growth, no hope for foolish investors Atilla YeşiladaPosted on4 August, 2020 I’ve been covering Turkey and EM for 30 years now, and had never seen such … Continue ReadingEM: No hope for ending the outbreaks, no hope for rapid growth, no hope for foolish investors
Categories Economy Finance HIGHLIGHTS Turkey: Concerns about a balance of payments crisis may trigger one Atilla YeşiladaPosted on3 August, 2020 Nowadays, Turkish financial assets are priced on one parameter, and one only. That is the … Continue ReadingTurkey: Concerns about a balance of payments crisis may trigger one
Categories General HIGHLIGHTS BREAKING: Iraq suspends flights from Turkey as Covid-19 cases rise…. Atilla YeşiladaPosted on3 August, 2020 Turkey is witnessing the making of a major public health scandal, as evidence emerges of … Continue ReadingBREAKING: Iraq suspends flights from Turkey as Covid-19 cases rise….
Categories Emerging Markets HIGHLIGHTS CNBC.com: U.S., China must ‘step up’ to lead in the coronavirus crisis or emerging economies may sink Atilla YeşiladaPosted on3 August, 20203 August, 2020 Emerging-market stocks and currencies are within touching distance of erasing their pandemic-fueled losses of 2020. … Continue ReadingCNBC.com: U.S., China must ‘step up’ to lead in the coronavirus crisis or emerging economies may sink
Categories HIGHLIGHTS Politics The Economist: Turkey is wielding influence all over the Arab world Atilla YeşiladaPosted on2 August, 2020 Turkey is expanding its footprint across the Arab world, using force more than diplomacy. In … Continue ReadingThe Economist: Turkey is wielding influence all over the Arab world
Categories Finance HIGHLIGHTS Ugur Gurses: The forex vacuum in Ankara Atilla YeşiladaPosted on2 August, 2020 When the signal flare of early elections was fired on April 17, 2018, the reserves … Continue ReadingUgur Gurses: The forex vacuum in Ankara
Categories Emerging Markets HIGHLIGHTS Emerging-Markets Bonds Are Bit Players at Best Atilla YeşiladaPosted on31 July, 2020 Emerging-markets sovereign bonds offer higher yields relative to their counterparts issued by sovereigns in … Continue ReadingEmerging-Markets Bonds Are Bit Players at Best
Categories Economy Emerging Markets General HIGHLIGHTS Tax cuts to stimulate demand; will it come? Güldem AtabayPosted on31 July, 2020 The AKP government began the religious holiday with tax cuts among a range of services … Continue ReadingTax cuts to stimulate demand; will it come?
Categories Economy Emerging Markets Finance HIGHLIGHTS Markets Fresh lira slide rekindles crisis fears for Turkey Güldem AtabayPosted on31 July, 2020 Turkey’s lira is back in the spotlight. After two months of stability, the currency is … Continue ReadingFresh lira slide rekindles crisis fears for Turkey
Categories HIGHLIGHTS Politics Turkey-Egypt dispute spills over to volatile Idlib Atilla YeşiladaPosted on31 July, 202031 July, 2020 Once close friends, both at sate and national level, Turkey and Egypt turned into biter … Continue ReadingTurkey-Egypt dispute spills over to volatile Idlib
Categories General HIGHLIGHTS Turkey: Health Ministry stops announcing number of intensive care patients after sharp increase Atilla YeşiladaPosted on31 July, 2020 Turkey began the Islamic holiday of Eid al-Adha, the Festival of Sacrifice, under the shadow … Continue ReadingTurkey: Health Ministry stops announcing number of intensive care patients after sharp increase
Categories Emerging Markets Finance HIGHLIGHTS CNBC.com: Turkish lira falls to a fresh record low against the euro amid investor selling, sanctions risk Atilla YeşiladaPosted on30 July, 2020 This article appeared on Tuesday, since then dollar/TL displayed an upward trend, trading at 6.97 … Continue ReadingCNBC.com: Turkish lira falls to a fresh record low against the euro amid investor selling, sanctions risk
Categories Economy HIGHLIGHTS Özlem Derici Şengül Central Bank Inflation Report: Unrealistically optimistic Atilla YeşiladaPosted on29 July, 2020 End 2020 inflation expectation is 8.9%… CBRT revised up its inflation expectation for the … Continue ReadingCentral Bank Inflation Report: Unrealistically optimistic
Categories Atilla Yeşilada General HIGHLIGHTS Conversion Of Hagia Sophia: Turks Don’t Care One Way Or Other Atilla YeşiladaPosted on29 July, 2020 Subscribe our to channel http://wedia.link/RealTurkey Tons have been said and written about President … Continue ReadingConversion Of Hagia Sophia: Turks Don’t Care One Way Or Other
Categories Economy Emerging Markets HIGHLIGHTS Politics Turkey pauses energy-exploration research in east Mediterranean- Lira still weak Güldem AtabayPosted on28 July, 2020 Turkey has said it will suspend research for oil and gas exploration off a Greek … Continue ReadingTurkey pauses energy-exploration research in east Mediterranean- Lira still weak
Categories Finance HIGHLIGHTS Markets Update: TL drops vs dollar despite heavy intervention Atilla YeşiladaPosted on28 July, 2020 Turkey, Tuesday, 18:10 At 6 pm Istanbul time, dollar/TL is trading at 6.95, after … Continue ReadingUpdate: TL drops vs dollar despite heavy intervention
Categories Economy Emerging Markets HIGHLIGHTS BETAM: 2Q20 GDP to -7.5% as consumption, investments, foreign trade all down Güldem AtabayPosted on28 July, 2020 According to the calculations made with the leading indicators announced so far or June, combined … Continue ReadingBETAM: 2Q20 GDP to -7.5% as consumption, investments, foreign trade all down
Categories Emerging Markets Finance HIGHLIGHTS Moody’s – Coronavirus will lead to higher funding needs and debt in the Czech Republic, Hungary, Poland, Russia and Turkey Atilla YeşiladaPosted on28 July, 202028 July, 2020 The coronavirus pandemic will put pressure on the revenues of regional and local governments (RLGs) … Continue ReadingMoody’s – Coronavirus will lead to higher funding needs and debt in the Czech Republic, Hungary, Poland, Russia and Turkey
Categories HIGHLIGHTS Politics Erdogan’s spin doctors spook voters Atilla YeşiladaPosted on28 July, 2020 Coronavirus and the struggling economy have seen the president’s party hemorrhage support. Moves such … Continue ReadingErdogan’s spin doctors spook voters
Categories HIGHLIGHTS Markets US, EU sanction threats drives TL lower Atilla YeşiladaPosted on28 July, 2020 As of noon Tuesday, the dollar/TL pair traded up to 6.90 from the intra-day low … Continue ReadingUS, EU sanction threats drives TL lower
