Categories Business HIGHLIGHTS Markets Businessman predicts surge in FDI and upcoming investment grade for sovereign Cem CetingucPosted on30 October, 2024 As predictability has increased, Türkiye is now back on international investors’ radar, says Murat Özyeğin, … Continue ReadingBusinessman predicts surge in FDI and upcoming investment grade for sovereign
Categories HIGHLIGHTS Markets Attack on TAI aims to weaken Türkiye’s defense industry Cem CetingucPosted on26 October, 2024 The terrorist attack on the state-run aerospace and defense giant Turkish Aerospace Industries on Wednesday … Continue ReadingAttack on TAI aims to weaken Türkiye’s defense industry
Categories Company & Industry HIGHLIGHTS Markets China plans to sue Turkey over electric vehicle tariffs Cem CetingucPosted on9 October, 2024 China’s Ministry of Commerce (MOFCOM) announced on Tuesday that it has submitted a consultation request … Continue ReadingChina plans to sue Turkey over electric vehicle tariffs
Categories Economy HIGHLIGHTS Markets Eurostat: Turkey leads Europe regarding ‘income inequality’ Cem CetingucPosted on8 October, 2024 According to Eurostat data, the richest 1 per cent of the population in Turkey own … Continue ReadingEurostat: Turkey leads Europe regarding ‘income inequality’
Categories Economy HIGHLIGHTS Markets Citigroup reports international investors avoiding Turkey due to ‘overvalued’ TL: Bloomberg” Cem CetingucPosted on4 October, 20244 October, 2024 The relative strength of Turkey’s lira may be holding back major portfolio inflows even after … Continue ReadingCitigroup reports international investors avoiding Turkey due to ‘overvalued’ TL: Bloomberg”
Categories Finance HIGHLIGHTS Markets ANALYSIS: Investment banks react to higher-than expected September inflation and reconsider rate cut dates Atilla YeşiladaPosted on4 October, 2024 BBVA Garanti, Barclay’s and UBS were among many domestic and global investment banks which were … Continue ReadingANALYSIS: Investment banks react to higher-than expected September inflation and reconsider rate cut dates
Categories HIGHLIGHTS Markets Turkish markets this morning: Gloom in stocks, gloom in the economy Atilla YeşiladaPosted on4 October, 2024 On the agenda of Turkish investors is Borsa Istanbul, which has been in free fall … Continue ReadingTurkish markets this morning: Gloom in stocks, gloom in the economy
Categories HIGHLIGHTS Markets HSBC: The recent downdraught in equities is a buying opportunity Atilla YeşiladaPosted on29 September, 2024 The Turkish equity market has seen a sharp decline through the summer period of global … Continue ReadingHSBC: The recent downdraught in equities is a buying opportunity
Categories Economy Finance Markets CBRT’s reserve requirement change for TL deposits – one step closer to normalization Güldem AtabayPosted on21 September, 202421 September, 2024 The CBRT changed the reserve requirement ratios for Turkish lira (TL) and foreign currency (FX) … Continue ReadingCBRT’s reserve requirement change for TL deposits – one step closer to normalization
Categories Economy Finance HIGHLIGHTS Markets Turkey’s central bank holds rates steady, opting for a cautious wait-and-see approach ahead of rate cuts Güldem AtabayPosted on19 September, 2024 Turkey’s central bank, the CBRT, kept its policy rate unchanged at its Monetary Policy Committee … Continue ReadingTurkey’s central bank holds rates steady, opting for a cautious wait-and-see approach ahead of rate cuts
Categories Economy HIGHLIGHTS Markets Turkish workers put in the longest hours in Europe, yet earn some of the lowest wages Cem CetingucPosted on16 September, 202416 September, 2024 Turkey has the longest average weekly working hours among European countries, with 44.2 hours, compared … Continue ReadingTurkish workers put in the longest hours in Europe, yet earn some of the lowest wages
Categories HIGHLIGHTS Markets Politics Sanctions on Russian gas expected to boost Turkey’s energy sector Cem CetingucPosted on12 September, 202412 September, 2024 According to Bayraktar, the gas transit agreement between Russia and Ukraine expires on December 31, … Continue ReadingSanctions on Russian gas expected to boost Turkey’s energy sector
Categories Atilla Yeşilada HIGHLIGHTS Markets COMMENTARY: TL assets hit by EM concerns, carry-unwind, dim earnings prospects Atilla YeşiladaPosted on29 August, 2024 Turkey’s 15 minutes under the stage lights appeared to over in August, as TL came … Continue ReadingCOMMENTARY: TL assets hit by EM concerns, carry-unwind, dim earnings prospects
Categories HIGHLIGHTS Markets Why are Turkish stocks slumping, while EM rally accelerates? Atilla YeşiladaPosted on18 August, 2024 Emerging-market stocks rallied on Friday, driven by tech companies in Asia, following U.S. data which … Continue ReadingWhy are Turkish stocks slumping, while EM rally accelerates?
Categories Company & Industry HIGHLIGHTS Markets TURKEY equity strategy: Waiting for rate cuts Atilla YeşiladaPosted on16 August, 2024 Investors are trying to gauge when the macro policies will bare fruit and the timing … Continue ReadingTURKEY equity strategy: Waiting for rate cuts
Categories Finance HIGHLIGHTS Markets Commentary: Economic slow-down is undermining the stock market Atilla YeşiladaPosted on12 August, 2024 The great volatility experienced in the first two days of the past week gave way … Continue ReadingCommentary: Economic slow-down is undermining the stock market
Categories Business General HIGHLIGHTS Markets Gustavo Medeiros/Ashmore: Turkey is back for emerging market investors Atilla YeşiladaPosted on12 July, 2024 The global head of research at Ashmore Group, Mr Gustavo Medeiros wrote an op-ed for … Continue ReadingGustavo Medeiros/Ashmore: Turkey is back for emerging market investors
Categories Economy Markets CBRT Governor Karahan’s a more cautious approach on interest rates Güldem AtabayPosted on12 July, 2024 Fatih Karahan, the governor of the Central Bank of the Republic of Turkey, gave his … Continue ReadingCBRT Governor Karahan’s a more cautious approach on interest rates
Categories HIGHLIGHTS Markets Türkiye leads Europe in agricultural income Cem CetingucPosted on8 July, 2024 Türkiye ranked first in Europe and was among the top 10 countries in the world last year in … Continue ReadingTürkiye leads Europe in agricultural income
Categories HIGHLIGHTS Markets Turkey Eyes Taxing Stock Gains as Part of Fiscal Tightening Push Güldem AtabayPosted on4 June, 2024 Turkey is considering taxing investments in stocks and cryptoassets. Treasury and Finance Minister Mehmet Simsek … Continue ReadingTurkey Eyes Taxing Stock Gains as Part of Fiscal Tightening Push