Categories Economy Finance HIGHLIGHTS Markets Central bank of Turkey revised up its end of year CPI inflation estimation; credibility still suffers Güldem AtabayPosted on29 July, 2021 Through the announcement of its third Inflation Report of the year, Turkey’s central bank (CBRT) … Continue ReadingCentral bank of Turkey revised up its end of year CPI inflation estimation; credibility still suffers
Categories Finance HYPED Markets Why Turkey’s Lira Is Having a Rough Year? Atilla YeşiladaPosted on10 July, 2021 A Turkey country-specific exchange traded fund has been among the worst performers this year, as … Continue ReadingWhy Turkey’s Lira Is Having a Rough Year?
Categories Business Company & Industry Markets Turkish Private Banks: Margin recovery delayed by yet another quarter, but… Cem CetingucPosted on5 July, 2021 The market’s muted reaction to the banks’ strong Q1 profits implies a re-rating requires earnings … Continue ReadingTurkish Private Banks: Margin recovery delayed by yet another quarter, but…
Categories Business General Markets Turkey’s relations with Libya increased with new administration in Tripoli Cem CetingucPosted on16 June, 2021 Turkey’s relations with Libya have grown with the new interim government in Tripoli to match … Continue ReadingTurkey’s relations with Libya increased with new administration in Tripoli
Categories HIGHLIGHTS Markets Politics Video Commentary: Fate of TL, Interest Rates to be Set by Erdogan-Biden Meeting Atilla YeşiladaPosted on11 June, 2021 First contact between Presidents R. T. Erdogan and Joe Biden will take place on … Continue ReadingVideo Commentary: Fate of TL, Interest Rates to be Set by Erdogan-Biden Meeting
Categories Company & Industry Finance Markets Macro Snapshot: Net FX Position of Non-Financial Companies Cem CetingucPosted on7 June, 2021 In March, net FX position of the non-financials was USD-157.5bn (2020: USD -157.6bn). FX assets … Continue ReadingMacro Snapshot: Net FX Position of Non-Financial Companies
Categories HIGHLIGHTS Markets Politics Erdogan does it again: Dollar/TL skyrockets to 8.61 Atilla YeşiladaPosted on2 June, 2021 President Tayyip Erdogan said late on Tuesday that Turkey needs to lower interest rates and … Continue ReadingErdogan does it again: Dollar/TL skyrockets to 8.61
Categories Economy Markets Experts: Covid-19 outbreaks in Asia could raise U.S. inflation Cem CetingucPosted on27 May, 202127 May, 2021 Fresh waves of Covid-19 cases in major manufacturing hubs in Asia could hit global supply … Continue ReadingExperts: Covid-19 outbreaks in Asia could raise U.S. inflation
Categories Finance Markets Tax loopholes create opportunity for Bitcoin investors Cem CetingucPosted on26 May, 2021 Greg Iacurci Crypto investors may be shell-shocked by a recent plunge in prices. But that … Continue ReadingTax loopholes create opportunity for Bitcoin investors
Categories Finance HYPED Markets Turkish Lira leads EM currency slump Atilla YeşiladaPosted on19 May, 2021 Turkey’s lira led a decline in emerging market currencies ahead of the publication of the … Continue ReadingTurkish Lira leads EM currency slump
Categories Economy Markets China PPI signals higher global inflation Cem CetingucPosted on15 May, 2021 Enda Curran Higher prices for raw materials and supply bottlenecks are boosting producer prices, which … Continue ReadingChina PPI signals higher global inflation
Categories Finance HIGHLIGHTS Markets Al Monitor: Turkish lira nears record lows Atilla YeşiladaPosted on13 May, 2021 Turkey’s lira fell to a six-month low on Thursday as risks of tighter U.S. monetary … Continue ReadingAl Monitor: Turkish lira nears record lows
Categories Economy HIGHLIGHTS Markets Turkey Central Bank: No rate change expected today Atilla YeşiladaPosted on6 May, 2021 Turkey’s central bank (CBRT) is expected to keep its interest rates steady for the second … Continue ReadingTurkey Central Bank: No rate change expected today
Categories Economy General Markets China offical PMI’s weaken in April Cem CetingucPosted on30 April, 2021 A gauge of China’s manufacturing industry slipped in April and the services sector also weakened, … Continue ReadingChina offical PMI’s weaken in April
Categories Finance Markets Turkey currency outlook: New bouts of weakness underway Atilla YeşiladaPosted on27 April, 2021 Turkey’s lira rebounded 1.5% on Monday and retreated from near an all-time low as locals … Continue ReadingTurkey currency outlook: New bouts of weakness underway
Categories HIGHLIGHTS Markets Tech Turkey probes cryptocurrency exchange for possible $2B fraud Atilla YeşiladaPosted on22 April, 2021 Turkey’s budding crypto-assets market is reaching puberty, with the first scam being unaired today. Turkish … Continue ReadingTurkey probes cryptocurrency exchange for possible $2B fraud
Categories Economy Markets Tim Ash: A hugely dangerous monetary and exchange rate strategy Atilla YeşiladaPosted on22 April, 2021 Turkish President Recep Tayyip Erdogan said authorities used $165 billion of central bank foreign-currency reserves … Continue ReadingTim Ash: A hugely dangerous monetary and exchange rate strategy
Categories Finance Markets Turkish Airlines: Stock correction as a buying opportunity Atilla YeşiladaPosted on20 April, 2021 Turkish Airlines’ (TA) stock has been under pressure during the last month: it has lost … Continue ReadingTurkish Airlines: Stock correction as a buying opportunity
Categories Business Markets Renaissance Capital: Turkish Utilities Atilla YeşiladaPosted on20 April, 2021 We initiate coverage of two Turkish generating companies – Aksa Energy (HOLD; TP TRY14.6); Akenerji … Continue ReadingRenaissance Capital: Turkish Utilities
Categories Economy Markets China GDP very weak on QoQ basis Cem CetingucPosted on16 April, 2021 China’s economy grew by double digits in the latest quarter but an explosive rebound from … Continue ReadingChina GDP very weak on QoQ basis
