Categories Finance HIGHLIGHTS HYPED Markets Locals sell $1 Billion after CBRT’s policy rate cut Atilla YeşiladaPosted on24 September, 202124 September, 2021 After the Central Bank’s (MB) interest rate cut, which bankers had difficulty explaining for economic … Continue ReadingLocals sell $1 Billion after CBRT’s policy rate cut
Categories Emerging Markets Finance HYPED Markets Danske Bank: In case of stagflation, short Emerging Markets Atilla YeşiladaPosted on22 September, 2021 Danske Bank sees about a 30% chance of a stagflation scenario playing out. In case … Continue ReadingDanske Bank: In case of stagflation, short Emerging Markets
Categories Business Finance HYPED Markets TURKEY: Morning Bulletin Atilla YeşiladaPosted on22 September, 2021 On the Market MSCI Turkey underperformed the MSCI EM by 0.5% yesterday. BIST-100 lost 0.5%, … Continue ReadingTURKEY: Morning Bulletin
Categories Economy HIGHLIGHTS Markets How Bad is Fed Taper for Turkish Assets? Atilla YeşiladaPosted on22 September, 202122 September, 2021 How Bad is Fed Taper for Turkish Assets? Fed is changing its monetary … Continue ReadingHow Bad is Fed Taper for Turkish Assets?
Categories Finance HIGHLIGHTS Markets OPINION: Turkish assets after Central Bank and Fed Atilla YeşiladaPosted on21 September, 2021 World stock markets started September with a sell-off, as concerns about the slowdown caused by … Continue ReadingOPINION: Turkish assets after Central Bank and Fed
Categories Business HIGHLIGHTS Markets Turkey: Morning post Atilla YeşiladaPosted on20 September, 2021 MSCI Turkey underperformed the MSCI EM by 1.1% on Friday. BIST-100 gained 0.1%, closing at … Continue ReadingTurkey: Morning post
Categories Emerging Markets Finance HYPED Markets Tellimer’s top EM bond picks for Q4 2021 Atilla YeşiladaPosted on17 September, 2021 By Stuart Culverhouse –Our Top 5 picks for the rest of 2021 are Buys … Continue ReadingTellimer’s top EM bond picks for Q4 2021
Categories Economy Emerging Markets Markets EMs face taper test Cem CetingucPosted on17 September, 202117 September, 2021 After a few quarters of strong recovery in economic activity — accompanied by inflationary pressure … Continue ReadingEMs face taper test
Categories General Markets Turkey housing sales down 17% annually Cem CetingucPosted on15 September, 2021 Turkey recorded 141,400 housing sales in August, down 17% year-on-year, the country’s statistical authority announced on … Continue ReadingTurkey housing sales down 17% annually
Categories Economy Markets World Bank statistics reveal Iran’s GDP halved since 2017 Cem CetingucPosted on14 September, 202114 September, 2021 The latest World Bank’s updated statistics(link is external) indicates that Iran’s Gross Domestic Product (GDP), based on … Continue ReadingWorld Bank statistics reveal Iran’s GDP halved since 2017
Categories General Markets Contractors suspend constructions to protest skyrocketing cement prices Cem CetingucPosted on13 September, 202113 September, 2021 Representatives of the Building Contractors Confederation (İmkon) had announced on Sept. 2 that they would … Continue ReadingContractors suspend constructions to protest skyrocketing cement prices
Categories Economy Finance HIGHLIGHTS Markets Turkey Central Bank Paves Way for Rate Cut With Guidance Shift Güldem AtabayPosted on8 September, 2021 The Turkish central bank shifted its policy focus to a core set of prices amid … Continue ReadingTurkey Central Bank Paves Way for Rate Cut With Guidance Shift
Categories Finance Markets Turkish equities marched onwards amidst global risk-on sentiment Atilla YeşiladaPosted on7 September, 2021 MSCI Turkey underperformed the MSCI EM by 0.1% yesterday. BIST-100 gained 0.4%, closing at the … Continue ReadingTurkish equities marched onwards amidst global risk-on sentiment
Categories Finance HIGHLIGHTS Markets Powell, the arch-dove keeps EM, TL strong Atilla YeşiladaPosted on28 August, 2021 Most Latin American currencies rallied on Friday as U.S. Federal Reserve Chair Jerome Powell calmed … Continue ReadingPowell, the arch-dove keeps EM, TL strong
Categories Emerging Markets HIGHLIGHTS Markets BofA fund managers survey: Global fund managers still bullish on US stocks; cut stake in emerging markets, Eurozone Atilla YeşiladaPosted on22 August, 2021 Global fund managers have continued to hold a positive outlook for US equities while trimming … Continue ReadingBofA fund managers survey: Global fund managers still bullish on US stocks; cut stake in emerging markets, Eurozone
Categories Economy General Markets Central bank policy rate kept at 19 percent yet rate cut bets are open Güldem AtabayPosted on12 August, 2021 The Turkish Central Bank Monetary Policy Committee (MPC) kept the one-week repo auction interest rate, … Continue ReadingCentral bank policy rate kept at 19 percent yet rate cut bets are open
Categories Atilla Yeşilada Economy HIGHLIGHTS Markets OPINION: Erdogan manages to upset the currency market, again Atilla YeşiladaPosted on8 August, 2021 President Erdogan found time to “instruct those who know that this message is for them” … Continue ReadingOPINION: Erdogan manages to upset the currency market, again
Categories Economy HIGHLIGHTS Markets Turkey’s inflation hits the 19 percent policy rate benchmark Güldem AtabayPosted on3 August, 2021 Consumer prices rose by 1.80% month-on-month in July, bringing annual CPI inflation to 18.95% from … Continue ReadingTurkey’s inflation hits the 19 percent policy rate benchmark
Categories Economy Emerging Markets Markets Emerging market stocks fall immensely due to Chinese regulatory efforts Cem CetingucPosted on3 August, 2021 An index of emerging market shares fell on Friday as Chinese equities slipped on regulatory … Continue ReadingEmerging market stocks fall immensely due to Chinese regulatory efforts
Categories Business General Markets Turkish exporters could face additional charges under new EU carbon laws Cem CetingucPosted on2 August, 2021 Turkish exporters of energy-intensive products such as cement, steel and aluminium could face steep additional … Continue ReadingTurkish exporters could face additional charges under new EU carbon laws
