Categories Economy General HIGHLIGHTS Markets Central bank intervenes Turkish lira following another sudden crash Güldem AtabayPosted on2 December, 2021 Turkey’s central bank to support the sinking lira, directly intervened the foreign-exchange markets for the … Continue ReadingCentral bank intervenes Turkish lira following another sudden crash
Categories Economy HIGHLIGHTS Markets The Aftermath of Currency Collapse: Sudden Stop Syndrome Atilla YeşiladaPosted on1 December, 2021 The Aftermath of Currency Collapse: Sudden Stop Syndrome President Erdogan’s mad experiment called … Continue ReadingThe Aftermath of Currency Collapse: Sudden Stop Syndrome
Categories Finance Markets Why is Turkey’s lira dropping?—Video Atilla YeşiladaPosted on29 November, 2021 Turkey is the only G20 country operating this unorthodox monetary stance’ Timothy Ash, … Continue ReadingWhy is Turkey’s lira dropping?—Video
Categories Emerging Markets Finance Markets Turkey may not be the only country facing a currency crisis, says investor Mark Mobius Atilla YeşiladaPosted on27 November, 2021 Turkey may not be the only country facing a currency crisis given the prospects of … Continue ReadingTurkey may not be the only country facing a currency crisis, says investor Mark Mobius
Categories Finance HYPED Markets CNBC: Turkey uncertainty leaves little appeal for investors, strategist says Atilla YeşiladaPosted on24 November, 2021 The unpredictability of Turkey’s fiscal and monetary policy means investors should stay away until normality … Continue ReadingCNBC: Turkey uncertainty leaves little appeal for investors, strategist says
Categories Economy General HIGHLIGHTS Markets Politics Central bank announcement aids little to TL Güldem AtabayPosted on23 November, 202123 November, 2021 Turkish President Erdogan met with central bank Governor Kavcioglu in the afternoon of the worst … Continue ReadingCentral bank announcement aids little to TL
Categories Emerging Markets HIGHLIGHTS Markets ING: CEEMEA FX Outlook 2022: Treating inflation with respect (TL outlook included) Atilla YeşiladaPosted on20 November, 2021 Currencies from Central and Eastern Europe, the Middle East and Africa will struggle in the … Continue ReadingING: CEEMEA FX Outlook 2022: Treating inflation with respect (TL outlook included)
Categories Finance HIGHLIGHTS Markets No end in sight for beleaguered Turkish Lira Atilla YeşiladaPosted on16 November, 2021 Turkey’s sickly currency TL, started the day (Tuesday) at 10.07-08 vs the USD, as rate … Continue ReadingNo end in sight for beleaguered Turkish Lira
Categories Company & Industry Markets Turkish motor vehicle production decreased 28% YoY in October Cem CetingucPosted on15 November, 2021 Automakers in Turkey produced 108,078 vehicles in October, including automobiles and commercial vehicles, according to … Continue ReadingTurkish motor vehicle production decreased 28% YoY in October
Categories Economy HIGHLIGHTS Markets Turkey’s construction cost inflation up 39.5 percent Güldem AtabayPosted on10 November, 2021 In September 2021, construction cost index (CCI) increased by 0.25% compared with previous month and … Continue ReadingTurkey’s construction cost inflation up 39.5 percent
Categories General HIGHLIGHTS Markets Rumors about Erdogan’s health stoke currency volatility Atilla YeşiladaPosted on3 November, 2021 Reuters confirms PATurkey monitoring social media chatter that Rumours spread on social media Tuesday night … Continue ReadingRumors about Erdogan’s health stoke currency volatility
Categories Business HIGHLIGHTS Markets Commerzbank: All hell breaks loose—for TL Atilla YeşiladaPosted on28 October, 2021 A silly Inflation Report, presented by governor Prof Sahap Kavcioglu who was visibly in pain … Continue ReadingCommerzbank: All hell breaks loose—for TL
Categories Business HYPED Markets FDD: Landmark Iran Sanctions Ruling Against Turkish Public Lender Builds U.S. Deterrence Atilla YeşiladaPosted on27 October, 2021 A U.S. appeals court ruled on October 22 that Halkbank, a public lender majority-owned by … Continue ReadingFDD: Landmark Iran Sanctions Ruling Against Turkish Public Lender Builds U.S. Deterrence
Categories HIGHLIGHTS Markets Turkey Stocks Surge Reveals Deserted Market That’s Easy to Move Güldem AtabayPosted on26 October, 2021 Turkey market ructions have claimed the nation’s currency and bonds among their victims, but stocks … Continue ReadingTurkey Stocks Surge Reveals Deserted Market That’s Easy to Move
Categories Business General HIGHLIGHTS Markets Daily market bulletin: Markets, 2022 budget, Treasury auctions, FATF Atilla YeşiladaPosted on20 October, 2021 MSCI Turkey outperformed the MSCI EM by 0.1% yesterday. BIST-100 gained 0.9%, closing at the … Continue ReadingDaily market bulletin: Markets, 2022 budget, Treasury auctions, FATF
Categories Emerging Markets HYPED Markets IMF less optimistic about EM Atilla YeşiladaPosted on13 October, 2021 The global energy shock is rapidly mutating into inflation, adding to pressures created by supply … Continue ReadingIMF less optimistic about EM
Categories General HIGHLIGHTS Markets Turkey Morning Bulletin: Market review, economy & politics Atilla YeşiladaPosted on12 October, 2021 MSCI Turkey outperformed the MSCI EM by 0.6% yesterday. BIST-100 gained 1.3%, closing at the … Continue ReadingTurkey Morning Bulletin: Market review, economy & politics
Categories Emerging Markets Finance HYPED Markets Currency view: MPC minutes highlight emphasis on transitory nature of inflation, weaker TL on the horizon Atilla YeşiladaPosted on5 October, 2021 CBT’s minutes from the September MPC meeting highlighted an attitude of dismissing recent inflation pressure … Continue ReadingCurrency view: MPC minutes highlight emphasis on transitory nature of inflation, weaker TL on the horizon
Categories Finance HIGHLIGHTS Markets Turkey’s monetary easing to continue, exchange rate shock in works Atilla YeşiladaPosted on2 October, 2021 Standard Chartered said on Friday it now expects Turkey’s central bank to cut interest rates … Continue ReadingTurkey’s monetary easing to continue, exchange rate shock in works
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets OPINION: TL testing new lows, worse to come Atilla YeşiladaPosted on30 September, 2021 Turkish Lira is about to close this week’s trading in Istanbul, at 8.8750-88 vs the … Continue ReadingOPINION: TL testing new lows, worse to come
