Categories Emerging Markets Markets Emerging Markets: Forget the BRICS and look at TICKS or MIST? Atilla YeşiladaPosted on15 March, 2022 For many years, the world’s most popular emerging markets have been the so-called BRICS: Brazil, … Continue ReadingEmerging Markets: Forget the BRICS and look at TICKS or MIST?
Categories Finance HIGHLIGHTS Markets Turkish Lira: Is another crash in the making? Atilla YeşiladaPosted on9 March, 2022 The Turkish lira declined for a seventh straight day on Wednesday, bringing its losses to … Continue ReadingTurkish Lira: Is another crash in the making?
Categories Business Company & Industry HIGHLIGHTS Markets Business dropped 50 percent for Turkish brands in Russia Cem CetingucPosted on3 March, 2022 As a result of the Russia-Ukraine war, business in nearly a thousand brands operating in … Continue ReadingBusiness dropped 50 percent for Turkish brands in Russia
Categories Business Company & Industry General Markets Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector Cem CetingucPosted on2 March, 20222 March, 2022 After Russia’s declaration of war on Ukraine last week, the effects of the economic sanctions … Continue ReadingUkraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector
Categories Finance HYPED Markets Turkish Lira: Despite Central Bank intervention, TL is closing the day down Atilla YeşiladaPosted on24 February, 2022 At Turkish time 6 pm, dollar/TL was trading at 14.20-21, despite what Bloomberg News claimed … Continue ReadingTurkish Lira: Despite Central Bank intervention, TL is closing the day down
Categories General HIGHLIGHTS Markets Turkey’s residential property sales to foreigners rose drastically in January Cem CetingucPosted on19 February, 2022 Residential property sales to foreign buyers rose by 56.5 percent year on year to 4,186 … Continue ReadingTurkey’s residential property sales to foreigners rose drastically in January
Categories Economy Finance HIGHLIGHTS Markets Two Fed officials back steady rise in interest rates starting in March Cem CetingucPosted on19 February, 2022 Two top Federal Reserve officials said the US central bank should launch a steady string … Continue ReadingTwo Fed officials back steady rise in interest rates starting in March
Categories Economy HIGHLIGHTS Markets S&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50% Atilla YeşiladaPosted on6 February, 2022 The Turkish lira continues to plummet, inflation in the country has skyrocketed to a 20-year … Continue ReadingS&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50%
Categories Finance HIGHLIGHTS Markets Bloomberg: Turkey’s Real Rate at Minus 35% Deepens the Gloom for Lira Atilla YeşiladaPosted on3 February, 2022 Traders see a probability of almost 50% that the lira will surpass its record low … Continue ReadingBloomberg: Turkey’s Real Rate at Minus 35% Deepens the Gloom for Lira
Categories Economy HIGHLIGHTS Markets ‘Erdogan has his head in the sand,’ says analyst on Turkish economy Atilla YeşiladaPosted on2 February, 2022 President Recep Tayyip Erdogan is jeopardizing Turkey’s economy by pursuing an unorthodox economic policy in … Continue Reading‘Erdogan has his head in the sand,’ says analyst on Turkish economy
Categories Finance HIGHLIGHTS Markets Reuters: Central Bank sold $600 mn to $1 bn last week to defend Turkish Lira Atilla YeşiladaPosted on1 February, 2022 Turkish authorities either deny intervening in the currency market, or answer questions about the subject. … Continue ReadingReuters: Central Bank sold $600 mn to $1 bn last week to defend Turkish Lira
Categories Business HYPED Markets Goldman Sachs: Turkey Banks- Taking stock of the latest sector trends Atilla YeşiladaPosted on30 January, 2022 What is new? As of January 19, the aggregate banking sector balance sheet showed a … Continue ReadingGoldman Sachs: Turkey Banks- Taking stock of the latest sector trends
Categories Finance Markets FXStreet: USD/TRY ignores Turkish President Erdogan to keep Fed-led gains near $13.50 Atilla YeşiladaPosted on27 January, 2022 USD/TRY picks up bids to $13.60, reversing the early Asian pullback on Thursday, as market … Continue ReadingFXStreet: USD/TRY ignores Turkish President Erdogan to keep Fed-led gains near $13.50
Categories Business HYPED Markets Garanti BBVA: 4Q21E Earnings Estimates Atilla YeşiladaPosted on24 January, 2022 The earnings season will begin on January 26 with the announcement of Arcelik’s financials. Among … Continue ReadingGaranti BBVA: 4Q21E Earnings Estimates
Categories Business HIGHLIGHTS Markets 2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy Atilla YeşiladaPosted on24 January, 2022 The World economy is shifting to policy normalization after the ultra-loose policy setting of the … Continue Reading2022 Strategy Report: Policy Normalization in the Global Economy, Heterodox Policies in the Turkish Economy
Categories Business Company & Industry HIGHLIGHTS Markets EBRD, FMO lends 80 million dollars to Borusan Energy Cem CetingucPosted on20 January, 202220 January, 2022 The European Bank for Reconstruction and Development (EBRD) said on Wednesday that together with the … Continue ReadingEBRD, FMO lends 80 million dollars to Borusan Energy
Categories Finance HIGHLIGHTS Markets Turkish lira to weaken to 20 per dollar this year, Standard Chartered says Atilla YeşiladaPosted on20 January, 2022 Turkey’s lira is expected to weaken to 20 per dollar by the end of the … Continue ReadingTurkish lira to weaken to 20 per dollar this year, Standard Chartered says
Categories HIGHLIGHTS Markets Turkey Strategy: 2022 Outlook Risks are high; so is the return Atilla YeşiladaPosted on18 January, 2022 Potential The new FX-protected TL deposits scheme is another step away from much-needed orthodox measures. … Continue ReadingTurkey Strategy: 2022 Outlook Risks are high; so is the return
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets TURKEY: Next Stop Is Currency Controls Atilla YeşiladaPosted on12 January, 2022 Erdogan’s heterodox (unusual) economic policies pushed Turkey into the abyss. “Official” inflation … Continue ReadingTURKEY: Next Stop Is Currency Controls
Categories Emerging Markets Markets Emerging-Market Debt Outlook: Mixed Conditions in 2022 Atilla YeşiladaPosted on10 January, 2022 For emerging-market debt (EMD), 2022 is shaping up to be a contest of conflicting forces. … Continue ReadingEmerging-Market Debt Outlook: Mixed Conditions in 2022
