Categories Business HYPED Markets JP Morgan downgrades Turkish state banks Atilla YeşiladaPosted on29 June, 2022 Pricing in dilutive capital raise; downgrade to Underweight We update our models for Halkbank … Continue ReadingJP Morgan downgrades Turkish state banks
Categories Finance HIGHLIGHTS Markets CNBC: Turkish lira whipsaws following new loan ban Atilla YeşiladaPosted on27 June, 2022 Turkey’s new loan ban to companies with an excess of foreign exchange funds is meant … Continue ReadingCNBC: Turkish lira whipsaws following new loan ban
Categories Economy Finance General HIGHLIGHTS Markets Lira Surges, Stocks Fall as Turkey Introduces New Loan Ban Güldem AtabayPosted on27 June, 2022 The Turkish lira headed for its biggest gain this year, extending Friday’s advance after the … Continue ReadingLira Surges, Stocks Fall as Turkey Introduces New Loan Ban
Categories Economy HIGHLIGHTS Markets Politics Turkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally Güldem AtabayPosted on24 June, 2022 Turkey stepped up efforts to bolster the lira and cool off lending with a surprise … Continue ReadingTurkey’s Ban on Lira Loans to Some Firms Fires Up Currency Rally
Categories Economy Finance General HIGHLIGHTS Markets Turkey Wants to Claw Back More Dollars With Cheap Exporter Loans Güldem AtabayPosted on13 June, 2022 Turkey is making another effort to arrest a precipitous decline in its currency by dangling … Continue ReadingTurkey Wants to Claw Back More Dollars With Cheap Exporter Loans
Categories Economy HIGHLIGHTS Markets Lira Sinks to 17 Per Dollar as Erdogan Rate Talk Fuels Forex Demand Güldem AtabayPosted on8 June, 20228 June, 2022 Turkey’s lira tumbled beyond 17 per dollar for the first time since December amid a … Continue ReadingLira Sinks to 17 Per Dollar as Erdogan Rate Talk Fuels Forex Demand
Categories Economy Emerging Markets General HIGHLIGHTS Markets Reuters: Turkish Lira continues to weaken, Nebati says rates to stay put Cem CetingucPosted on7 June, 20227 June, 2022 Turkey’s lira slid to beyond 16.55 against the dollar on Monday, bringing its losses to … Continue ReadingReuters: Turkish Lira continues to weaken, Nebati says rates to stay put
Categories Company & Industry General HIGHLIGHTS Markets Tech Turkey to mass produce laser-guide munition for its drones Cem CetingucPosted on5 June, 2022 Turkey has started to mass-produce its latest miniature munition developed for unmanned aerial vehicles (UAVs), … Continue ReadingTurkey to mass produce laser-guide munition for its drones
Categories Finance HIGHLIGHTS Markets Who can save the sickly Turkish Lira? Atilla YeşiladaPosted on3 June, 20223 June, 2022 On Friday, 3 June, the Turkish lira dropped to its lowest level since the December … Continue ReadingWho can save the sickly Turkish Lira?
Categories HIGHLIGHTS Markets Turkish Quest to Hedge Inflation Fuels World-Beating Stocks Boom Güldem AtabayPosted on31 May, 2022 Turkish stocks have outpaced every equity market in the world this year in local currency … Continue ReadingTurkish Quest to Hedge Inflation Fuels World-Beating Stocks Boom
Categories Company & Industry General HIGHLIGHTS Markets Turkey becomes a major player in global health tourism Cem CetingucPosted on30 May, 2022 Turkey’s health services industry served more than 640,000 people from other nations, and 400,000 of … Continue ReadingTurkey becomes a major player in global health tourism
Categories Company & Industry Economy General HIGHLIGHTS Markets Turkish publishers struggle to survive amid economic crisis Cem CetingucPosted on30 May, 2022 Turkish publishers are increasingly struggling to release new books and face agonising choices to survive amid … Continue ReadingTurkish publishers struggle to survive amid economic crisis
Categories Business General HIGHLIGHTS Markets Politics Turkey to negotiate with Russia, Ukraine for grain exports Cem CetingucPosted on30 May, 202230 May, 2022 Turkey is in negotiations with Russia and Ukraine to open a corridor via the Bosphorus … Continue ReadingTurkey to negotiate with Russia, Ukraine for grain exports
Categories Finance HIGHLIGHTS Markets Morgan Stanley: CBT Preview: Something’s Gotta Give Atilla YeşiladaPosted on26 May, 2022 We expect the CBT to stay on hold on May 26, but the need for … Continue ReadingMorgan Stanley: CBT Preview: Something’s Gotta Give
Categories Company & Industry General HIGHLIGHTS Markets Turkey: main destination for EU’s waste exports Cem CetingucPosted on25 May, 2022 Turkey is the largest destination for waste exported from the EU, with a volume of around 14.7 … Continue ReadingTurkey: main destination for EU’s waste exports
Categories Economy General HIGHLIGHTS Markets Turkish Lira’s downfall: Currency plunges most since 2021 Cem CetingucPosted on25 May, 2022 The Turkish lira plunged the most since a rout late last year, as a steep … Continue ReadingTurkish Lira’s downfall: Currency plunges most since 2021
Categories Business General HIGHLIGHTS Markets Politics Russia’s shopping centers hope to attract Turkish retailers amid war Cem CetingucPosted on24 May, 2022 Russian shopping centers and Turkish companies, represented by the United Brands Association (BMD), have been … Continue ReadingRussia’s shopping centers hope to attract Turkish retailers amid war
Categories Finance HYPED Markets Macro Thoughts: May 2022 – Shiny Happy People Atilla YeşiladaPosted on20 May, 2022 This time we’ll keep this piece short and sweet. Last month we opined that «The … Continue ReadingMacro Thoughts: May 2022 – Shiny Happy People
Categories General HIGHLIGHTS Markets Politics Turkey, Algeria sign multiple agreements, strengthen ties Cem CetingucPosted on17 May, 2022 Turkey and Algeria on Monday signed multiple new agreements as they seek to grow their … Continue ReadingTurkey, Algeria sign multiple agreements, strengthen ties
Categories General HIGHLIGHTS Markets Ministry to dismiss claims of Indian wheat import Cem CetingucPosted on17 May, 2022 The Agriculture and Forestry Ministry has dismissed claims in some media outlets suggesting that Turkey is importing wheat from India. … Continue ReadingMinistry to dismiss claims of Indian wheat import