Categories Economy HIGHLIGHTS JP Morgan: Slower growth but high inflation in 2022–Turkey Atilla YeşiladaPosted on25 November, 2021 Growth momentum remains strong and the risks to our 2021 growth forecast of 8.4% are … Continue ReadingJP Morgan: Slower growth but high inflation in 2022–Turkey
Categories Economy Finance HIGHLIGHTS Morgan Stanley bets on more rate cuts, weaker TL Atilla YeşiladaPosted on18 November, 2021 We see a 100bp cut to 15.00% by the CBT this week, although a larger … Continue ReadingMorgan Stanley bets on more rate cuts, weaker TL
Categories Economy Finance HIGHLIGHTS ANALYSIS: Cutting interest rates further would be too risky Atilla YeşiladaPosted on17 November, 2021 Turkey’s central bank is widely anticipated to trim interest rates further on November 18 despite … Continue ReadingANALYSIS: Cutting interest rates further would be too risky
Categories Economy Emerging Markets HIGHLIGHTS Turkey the black sheep among tightening EM Central Banks Atilla YeşiladaPosted on15 November, 2021 The inflation debate has heated up of late, with increasing concern that the so-called transitory … Continue ReadingTurkey the black sheep among tightening EM Central Banks
Categories Economy General Rate cuts possess a risk to Turkey’s GDP growth Cem CetingucPosted on5 November, 20215 November, 2021 Turkey’s economy will grow by 9% this year, buoyed by a revival in exports and … Continue ReadingRate cuts possess a risk to Turkey’s GDP growth
Categories Economy HIGHLIGHTS ING analysis: Annual inflation nears 20% Atilla YeşiladaPosted on3 November, 2021 Monthly CPI in October was 2.39%, lower than the consensus at 2.76% (slightly higher than … Continue ReadingING analysis: Annual inflation nears 20%
Categories Atilla Yeşilada Business Economy HIGHLIGHTS The rate cut conundrum: What will Erdogan do? Atilla YeşiladaPosted on20 October, 2021 I have read three surveys by Turkish press outlets, all of which find that the … Continue ReadingThe rate cut conundrum: What will Erdogan do?
Categories Economy Is there no respite in sight for the Turkish lira? Cem CetingucPosted on20 October, 2021 When I rented my first Istanbul apartment, in mid-2013, the Turkish economy was humming and … Continue ReadingIs there no respite in sight for the Turkish lira?
Categories Economy HIGHLIGHTS Politics How Erdogan is destroying Turkish economy ? Atilla YeşiladaPosted on11 October, 2021 Polls herald the end of Erdogan Era in politics. Yet the President … Continue ReadingHow Erdogan is destroying Turkish economy ?
Categories Economy Finance HIGHLIGHTS World Bank: Turkish financial stability threatened by interest rate cuts Atilla YeşiladaPosted on8 October, 2021 Turkey is faced with possible financial instability after the central bank cut interest rates to … Continue ReadingWorld Bank: Turkish financial stability threatened by interest rate cuts
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 Economy Finance HIGHLIGHTS Aftermath: Central Bank of Turkey rate cut Atilla YeşiladaPosted on23 September, 2021 Turkish view by Yatirim Finansman Securities: Beware of negative consequences The CBRT stressed that the … Continue ReadingAftermath: Central Bank of Turkey rate cut
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 Economy HYPED BBVA Turkey: Consumer inflation rose to 19.25% Atilla YeşiladaPosted on4 September, 2021 Consumer prices increased by 1.12% in August, again being realized above expectations (BBVA Research 0.9%, … Continue ReadingBBVA Turkey: Consumer inflation rose to 19.25%
Categories Economy HIGHLIGHTS Reuters: Turkish central bank governor hints at rate cut, economists say Atilla YeşiladaPosted on3 September, 2021 Turkey’s central bank hinted on Wednesday it is nearing an interest rate cut during conference … Continue ReadingReuters: Turkish central bank governor hints at rate cut, economists say
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 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 Economy Finance European markets drop sharply after U.S. tech stocks plummet Cem CetingucPosted on11 May, 202111 May, 2021 Elliot Smith, Holly Ellyatt European markets dropped sharply on Tuesday following a sell-off in U.S. … Continue ReadingEuropean markets drop sharply after U.S. tech stocks plummet
Categories Finance Gedik Invest: Rate cut expectations may be postponed Atilla YeşiladaPosted on6 May, 2021 CBRT kept its policy rate on hold at 19.0%, which is in line with market … Continue ReadingGedik Invest: Rate cut expectations may be postponed
Categories Business HYPED Andrew Rosenbaum: Turkish banks teeter on the brink Atilla YeşiladaPosted on24 April, 2021 Turkey’s banks are facing challenging conditions, just at a time when issues involving the central … Continue ReadingAndrew Rosenbaum: Turkish banks teeter on the brink
