Categories Economy HYPED VoA: Will there really be a post-pandemic recovery? Atilla YeşiladaPosted on11 August, 2021 Even as the U.S. and European economies bounce back from the depths of last year’s … Continue ReadingVoA: Will there really be a post-pandemic recovery?
Categories Economy HIGHLIGHTS Turkey’s Economy: Tons of Potential but, in the Middle of a Recession? Atilla YeşiladaPosted on6 August, 2021 Turkey, officially known as the Republic of Turkey, is a country located between the … Continue ReadingTurkey’s Economy: Tons of Potential but, in the Middle of a Recession?
Categories Company & Industry GARAN: 2Q Preview & Target Price Revision – Mind the ROE Progress Cem CetingucPosted on12 July, 2021 Earnings recovery and attractive valuation support share performance Garanti share price is up 15% since … Continue ReadingGARAN: 2Q Preview & Target Price Revision – Mind the ROE Progress
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 Economy HIGHLIGHTS Reuters Turkey poll: Turkey’s economy to grow 5.5% in 2021 amid tougher inflation battle Atilla YeşiladaPosted on10 July, 2021 Turkey’s economy will grow 5.5% annually this year, more than previously thought and close to … Continue ReadingReuters Turkey poll: Turkey’s economy to grow 5.5% in 2021 amid tougher inflation battle
Categories Economy General Macro Snapshot: Policy rate seems stable in July but could be decreased by 25-50bps in next 3 months, CBRT Survey indicates Cem CetingucPosted on10 July, 2021 MoM expectations were over the historical averages in the coming months (2003-2019 Median – Jul.: … Continue ReadingMacro Snapshot: Policy rate seems stable in July but could be decreased by 25-50bps in next 3 months, CBRT Survey indicates
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 Economy HIGHLIGHTS JP Morgan Turkey strategy: Strong growth warrants tight policies Atilla YeşiladaPosted on11 June, 2021 Despite the lockdown and much slower loan growth, we have revised our 2021 growth … Continue ReadingJP Morgan Turkey strategy: Strong growth warrants tight policies
Categories Emerging Markets Reuters: Inflation haunting emerging markets Atilla YeşiladaPosted on29 May, 2021 Inflation is a tax on the poor, it is said, which is possibly why central … Continue ReadingReuters: Inflation haunting emerging markets
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 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 The world economy has to be on the lookout for potential risks in the post-COVID-19 era Atilla YeşiladaPosted on20 April, 2021 According to the Institute of International Finance, the continuing swell in debt will see the … Continue ReadingThe world economy has to be on the lookout for potential risks in the post-COVID-19 era
Categories Economy Emerging Markets Emerging market investors need to be prepared for effects of inflation Atilla YeşiladaPosted on9 April, 2021 As the world emerges from the COVID-19 pandemic, Western investors’ focus has shifted from the … Continue ReadingEmerging market investors need to be prepared for effects of inflation
Categories Economy General CORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis Cem CetingucPosted on8 April, 20218 April, 2021 PATurkey was misled by the confusing text and the fact none of its editors could … Continue ReadingCORRECTION: Turkey sold 11.7 tons of gold in February due to currency crisis
Categories Economy HIGHLIGHTS Turkish economy laid low by Covid-19, Erdogan Atilla YeşiladaPosted on8 April, 2021 Turkish President Tayyip Erdogan set the stage for higher inflation and slower economic growth when … Continue ReadingTurkish economy laid low by Covid-19, Erdogan
Categories Economy HIGHLIGHTS Bloomberg Economics: Slower Growth, Higher Inflation, Weaker Lira Atilla YeşiladaPosted on31 March, 2021 After Goldman Sachs, Bloomberg Economics, too, revised its Turkey 2021 forecasts. Bloomberg expects higher inflation … Continue ReadingBloomberg Economics: Slower Growth, Higher Inflation, Weaker Lira
Categories Economy HIGHLIGHTS Turkey: Lira shock leads to lower GDP forecast Atilla YeşiladaPosted on31 March, 2021 The lira pared its seventh day of declines as Turkey’s new central bank governor Sahap … Continue ReadingTurkey: Lira shock leads to lower GDP forecast
Categories Economy HIGHLIGHTS Politics Real Turkey Channel: How Erdogan Killed the Turkish Eeconomy in 10 Days? Atilla YeşiladaPosted on25 March, 2021 How Erdogan killed the Turkish economy in 10 days? Between Monday and … Continue ReadingReal Turkey Channel: How Erdogan Killed the Turkish Eeconomy in 10 Days?
Categories Economy HIGHLIGHTS Turkstat: Households spend half of their budget on shelter and food Atilla YeşiladaPosted on17 July, 202017 July, 2020 Turkstat’s 2019 survey of household expenditures reveal the picture of an economy slowly sinking from … Continue ReadingTurkstat: Households spend half of their budget on shelter and food
Categories Atilla Yeşilada Finance COMMENTARY: Capital Flight From Turkey Will Stunt Growth, Weaken Currency Atilla YeşiladaPosted on7 July, 20209 July, 2020 Turkey is in the midst of a silent capital flight, with financial outflows mounting to … Continue ReadingCOMMENTARY: Capital Flight From Turkey Will Stunt Growth, Weaken Currency