Categories Emerging Markets Markets EM: Hope dies hard Atilla YeşiladaPosted on13 April, 2021 On Monday, India’s deepening coronavirus crisis slammed the nation’s stocks and currency on concern it … Continue ReadingEM: Hope dies hard
Categories Company & Industry Markets Turkish auto production exceeds 212,000 in Jan-Feb Cem CetingucPosted on12 April, 2021 Automotive production in Turkey, including light commercial vehicles, tractors, and automobiles, totaled 211,877 million units … Continue ReadingTurkish auto production exceeds 212,000 in Jan-Feb
Categories Finance HIGHLIGHTS Markets Credit Suisse on TL: Another U-turn in macro policies Atilla YeşiladaPosted on9 April, 2021 Core Views Although Q1 felt like a strong one for the USD, the BBDXY only … Continue ReadingCredit Suisse on TL: Another U-turn in macro policies
Categories Business Markets Turkey’s e-commerce volume jumped 66% in 2020 Cem CetingucPosted on8 April, 2021 The volume of e-commerce in Turkey jumped 66% year-on-year to 226.2 billion Turkish liras ($32 … Continue ReadingTurkey’s e-commerce volume jumped 66% in 2020
Categories Finance Markets Turkey may avoid lira collapse by holding interest rates, IHS Markit says Atilla YeşiladaPosted on4 April, 2021 Turkey’s central bank, faced with fresh instability in the llra, may keep its benchmark interest … Continue ReadingTurkey may avoid lira collapse by holding interest rates, IHS Markit says
Categories Emerging Markets HIGHLIGHTS Markets Reuters poll: EM FX sell-off likely by end-June Atilla YeşiladaPosted on3 April, 2021 Battered emerging market currencies will only pare some of their recent steep losses over the … Continue ReadingReuters poll: EM FX sell-off likely by end-June
Categories Finance Markets US yields rise, TL drops Atilla YeşiladaPosted on3 April, 2021 U.S. Treasury yields rose Friday after a stronger-than-expected jobs report brought forward expectations for the … Continue ReadingUS yields rise, TL drops
Categories Emerging Markets HYPED Markets Emerging markets inflows to top $1 trillion in 2021: IIF Atilla YeşiladaPosted on2 April, 2021 LONDON (Reuters) – Emerging markets are expected to attract $1.06 trillion in foreign direct investment, … Continue ReadingEmerging markets inflows to top $1 trillion in 2021: IIF
Categories Economy HIGHLIGHTS Markets BREAKING: TL soars on promises by Central Bank Governor Atilla YeşiladaPosted on1 April, 2021 Dollar/TL currently trading at 8.13, having gained %1.42 for the day. Business Recorder reports … Continue ReadingBREAKING: TL soars on promises by Central Bank Governor
Categories HIGHLIGHTS Markets Video Commentary: Turkey on the Verge of Currency Crisis Atilla YeşiladaPosted on31 March, 2021 Turkey on the verge of a currency crisis President Erdogan’s one-man, no-clue governance … Continue ReadingVideo Commentary: Turkey on the Verge of Currency Crisis
Categories HYPED Markets MS Turkey equity strategy: Finding opportunities after the correction Atilla YeşiladaPosted on28 March, 2021 MSCI Turkey is down 20% in USD since last Friday, with TRY depreciation explaining 8 … Continue ReadingMS Turkey equity strategy: Finding opportunities after the correction
Categories Atilla Yeşilada HIGHLIGHTS Markets OPINION: TL will drop faster this week Atilla YeşiladaPosted on27 March, 2021 Turkey’s sickly currency closed the week at 8.08 against the American dollar, thus officially surrendering … Continue ReadingOPINION: TL will drop faster this week
Categories Finance HIGHLIGHTS Markets Turkey’s plunging lira: don’t expect an end to this saga soon Atilla YeşiladaPosted on25 March, 2021 Dollar/TL is closing trading hours in Turkey on Thursday at around 7.95, as MSCI Emerging … Continue ReadingTurkey’s plunging lira: don’t expect an end to this saga soon
Categories HIGHLIGHTS Markets Turkish Lira slump causes contagion, risk-off Atilla YeşiladaPosted on22 March, 2021 By 7 pm Istanbul time, dollar/TL was trading up again, around 7.85-87, while Borsa Istanbul’s … Continue ReadingTurkish Lira slump causes contagion, risk-off
Categories Markets CNBC.com: ‘People are just shocked’: Turkey’s lira plunges after Erdogan sacks third central bank chief in two years Atilla YeşiladaPosted on22 March, 2021 Turkey’s lira fell dramatically on Monday morning after President Recep Tayyip Erdogan fired the … Continue ReadingCNBC.com: ‘People are just shocked’: Turkey’s lira plunges after Erdogan sacks third central bank chief in two years
Categories Economy HIGHLIGHTS Markets Turkey’s central bank: Brave 200 basis points rate hike to 19 percent Güldem AtabayPosted on18 March, 2021 The Monetary Policy Committee (MPC) has decided to increase the policy rate (one-week repo auction … Continue ReadingTurkey’s central bank: Brave 200 basis points rate hike to 19 percent
Categories Economy Markets Real Turkey: Should Turkey raise interest rates? Could she? Atilla YeşiladaPosted on16 March, 2021 Should Turkey raise interest rates? Could she? Real Turkey presents its Turkey … Continue ReadingReal Turkey: Should Turkey raise interest rates? Could she?
Categories Finance General HIGHLIGHTS Markets Inflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week Güldem AtabayPosted on18 July, 202018 July, 2020 As per the central bank announcement today, FX reserve requirement ratios have been increased by … Continue ReadingInflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week
Categories Economy HIGHLIGHTS Markets Tim Ash answers FAQ about Turkey Atilla YeşiladaPosted on16 July, 202016 July, 2020 Q: Turkey is a big EM credit, what is the foreign investor view of the … Continue ReadingTim Ash answers FAQ about Turkey
Categories Markets Monthly Equity Strategy: Signs of V-shaped recovery (or not)? Atilla YeşiladaPosted on14 July, 202017 July, 2020 Fast credit growth, the recovery in credit card spending, especially the revival of housing, … Continue ReadingMonthly Equity Strategy: Signs of V-shaped recovery (or not)?
