Categories Economy Finance HIGHLIGHTS Markets Central bank rate decision on Thursday keeps the bankers guessing Güldem AtabayPosted on25 October, 202325 October, 2023 The Turkish Central Bank (TCMB) is set to reveal its policy interest rate decision on … Continue ReadingCentral bank rate decision on Thursday keeps the bankers guessing
Categories Finance HIGHLIGHTS Markets Erdogan’s remarks on Hamas had their toll on the equity market Güldem AtabayPosted on25 October, 2023 After opening 0.57% higher at 8035 points, the Borsa Istanbul 100 index began to decline … Continue ReadingErdogan’s remarks on Hamas had their toll on the equity market
Categories Economy Markets Goldman Sachs: Turkey — Back in the Game Atilla YeşiladaPosted on22 October, 2023 Turkey — FX carry is back … After a long period of unorthodox policy, escalating … Continue ReadingGoldman Sachs: Turkey — Back in the Game
Categories Economy HIGHLIGHTS Markets Simsek: Turkey nearing positive real interest rate to curb inflation Güldem AtabayPosted on13 October, 2023 Turkish Finance Minister Mehmet Simsek emphasized the importance of a positive real interest rate to … Continue ReadingSimsek: Turkey nearing positive real interest rate to curb inflation
Categories Finance HIGHLIGHTS Markets Mehmet Karacuka: Stock market and the economıc crısıs Atilla YeşiladaPosted on24 September, 2023 “The decrease in income and interest rates does not affect every sector equally and symmetrically … Continue ReadingMehmet Karacuka: Stock market and the economıc crısıs
Categories Finance HIGHLIGHTS Markets Standart Chartered: Substantial rate hikes to continue in Türkiye Atilla YeşiladaPosted on16 September, 2023 We now expect the central bank to hike the policy rate by 500bps at its … Continue ReadingStandart Chartered: Substantial rate hikes to continue in Türkiye
Categories Finance HIGHLIGHTS Markets Barclay’s predicts “modest CB” rate hike, higher dollar/TL Atilla YeşiladaPosted on16 September, 2023 The Central Bank Monetary Policy Committee (PPK) increased its key interest rate by 750 basis … Continue ReadingBarclay’s predicts “modest CB” rate hike, higher dollar/TL
Categories Finance Markets JP Morgan: Türkiye: Fiscal stimulus suggests faster rate hikes Atilla YeşiladaPosted on13 September, 2023 The macro projections in the medium-term economic programme for 2024-2026 look realistic, and suggest accommodative … Continue ReadingJP Morgan: Türkiye: Fiscal stimulus suggests faster rate hikes
Categories Company & Industry HYPED Markets Equity Strategy: The state of Turkish markets amidst policy normalization Atilla YeşiladaPosted on9 September, 2023 An Overview – Macro Outlook Risk perception continues to improve as economic policies normalize … Continue ReadingEquity Strategy: The state of Turkish markets amidst policy normalization
Categories Finance HIGHLIGHTS Markets Why did the TL drop after the Central Bank rate hike? Atilla YeşiladaPosted on25 August, 2023 TL gained 2.5% vs USD in late Friday trading hours, after coming under immense selling … Continue ReadingWhy did the TL drop after the Central Bank rate hike?
Categories Business Finance HIGHLIGHTS Markets Moody’s upgrades Turkish banks, banks try to rally Atilla YeşiladaPosted on15 August, 2023 Moody’s Investor Services has upgraded its outlook for Turkey’s banking sector from negative to stable, … Continue ReadingMoody’s upgrades Turkish banks, banks try to rally
Categories Finance HYPED Markets BofA on Turkish telecom sector: Inflation to reaccelerate but sector better prepared – still prefer Turkcell Atilla YeşiladaPosted on30 July, 2023 Only limited negative sector growth despite inflation BofA economists expect Turkish inflation to pick up … Continue ReadingBofA on Turkish telecom sector: Inflation to reaccelerate but sector better prepared – still prefer Turkcell
Categories HIGHLIGHTS Markets Is Yatirim Yapı Kredi bank share analysis: Margins have been under fire, solid non-interest income weathered the storm Atilla YeşiladaPosted on30 July, 2023 Actual vs Estimates YKB posted TL 11.5bn solo net earnings in 2Q23, in line with … Continue ReadingIs Yatirim Yapı Kredi bank share analysis: Margins have been under fire, solid non-interest income weathered the storm
Categories Business Company & Industry HIGHLIGHTS Markets HSBC International Turkish stock 2Q2023 earnings preview Atilla YeşiladaPosted on15 July, 2023 We present our Q2 2023 forecasts for Turkish companies under our coverage.. We expect … Continue ReadingHSBC International Turkish stock 2Q2023 earnings preview
Categories Economy Finance HIGHLIGHTS Markets Central Bank promises further gradual tightening and simplification of rules Güldem AtabayPosted on3 July, 2023 Following the change of the CBRT Governor, the minutes of the 650 basis point rate … Continue ReadingCentral Bank promises further gradual tightening and simplification of rules
Categories Finance HIGHLIGHTS Markets Goldman Sachs: TL set to drop further Atilla YeşiladaPosted on27 June, 2023 Foreign exchange forecasters at Goldman Sachs have revised higher their US Dollar to Turkish Lira’s … Continue ReadingGoldman Sachs: TL set to drop further
Categories Finance HIGHLIGHTS Markets Mehmet Simsek promises quick economic stability as the lira sinks deeper Atilla YeşiladaPosted on24 June, 202324 June, 2023 Turkish Minister of Treasury and Finance Mehmet Simsek confirmed that the government is determined to … Continue ReadingMehmet Simsek promises quick economic stability as the lira sinks deeper
Categories Finance HIGHLIGHTS Markets Latest Central Bank rate hike predictions Atilla YeşiladaPosted on22 June, 2023 Turkey’s central bank is expected to raise its policy rate sharply on Thursday in a … Continue ReadingLatest Central Bank rate hike predictions
Categories Finance HIGHLIGHTS Markets The sad story of TL: “Is anyone buying dollars?”—the Guardian Atilla YeşiladaPosted on18 June, 2023 “Is anyone buying dollars?” yells a man in a Galatasaray sports jacket as he leans … Continue ReadingThe sad story of TL: “Is anyone buying dollars?”—the Guardian
Categories Finance HIGHLIGHTS Markets CNBC: Turkey’s lira sinks to fresh record low after Erdogan re-election Atilla YeşiladaPosted on29 May, 2023 The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan … Continue ReadingCNBC: Turkey’s lira sinks to fresh record low after Erdogan re-election
