Categories Finance HIGHLIGHTS BofA: Central Bank to cut rates in December, economist survey bets on January 2025 Atilla YeşiladaPosted on20 November, 2024 The Central Bank’s (CBRT) decision regarding the policy rate will be announced Thursday. While markets … Continue ReadingBofA: Central Bank to cut rates in December, economist survey bets on January 2025
Categories HIGHLIGHTS ANAYSIS: October budget deficits escalate, but targets to be met Atilla YeşiladaPosted on17 November, 2024 Central government budget posted a deficit of 186.3 billionTRY in October. Central government budget deficit … Continue ReadingANAYSIS: October budget deficits escalate, but targets to be met
Categories Business General HIGHLIGHTS Fitch Q&A: Will Trump residency REALLY benefit Turkey? Atilla YeşiladaPosted on17 November, 2024 Executive Summary In this analysis, we explore what a Donald Trump presidency in the US … Continue ReadingFitch Q&A: Will Trump residency REALLY benefit Turkey?
Categories Business Finance HIGHLIGHTS Commentary: Money will flow to stocks and real estate Atilla YeşiladaPosted on17 November, 2024 Hints by the Central Bank of Turkey (CBRT) about rate cuts as early as December, … Continue ReadingCommentary: Money will flow to stocks and real estate
Categories Atilla Yeşilada General HIGHLIGHTS Atilla Yesilada video: Erdogan wants to be president for life Atilla YeşiladaPosted on16 November, 2024 On November 10 incumbent president Erdogan declared his candidacy for a third term, stating that … Continue ReadingAtilla Yesilada video: Erdogan wants to be president for life
Categories Business HIGHLIGHTS Halkbank objects to court ruling on sovereign immunity Atilla YeşiladaPosted on15 November, 2024 Halkbank, whose trial process continues as a defendant in the Riza Sarraf case heard in … Continue ReadingHalkbank objects to court ruling on sovereign immunity
Categories General HIGHLIGHTS Erdogan cracks down on CHP, DEM municipalities Atilla YeşiladaPosted on14 November, 2024 President Erdogan launched a crusade to claw the municipalities his party lost in 31 March … Continue ReadingErdogan cracks down on CHP, DEM municipalities
Categories Business HIGHLIGHTS TURKEY: Retail sales recover after summer swoon Atilla YeşiladaPosted on12 November, 2024 Official stats agency Turkstat released retail sales and various trade turn-over data for September. Retail … Continue ReadingTURKEY: Retail sales recover after summer swoon
Categories Economy HIGHLIGHTS Turkey September BoP: Solid surplus to continue, ample financing, but disturbing “unidentified” outflows Atilla YeşiladaPosted on12 November, 2024 Overview We see a strong current account surplus and a healthy financing flows in the … Continue ReadingTurkey September BoP: Solid surplus to continue, ample financing, but disturbing “unidentified” outflows
Categories Business Economy HIGHLIGHTS September industrial production: A mild recovery amidst general pessimism Atilla YeşiladaPosted on12 November, 2024 Tukey’s IP rose on a MoM basis but remains at depressed levels not observed since … Continue ReadingSeptember industrial production: A mild recovery amidst general pessimism
Categories Business Economy HIGHLIGHTS ANALYSIS: Slight improvement in September employment figures Atilla YeşiladaPosted on12 November, 2024 Unemployment rate materialized at 8.6%… Unemployment rate in September remained unchanged at 8.6% compared to … Continue ReadingANALYSIS: Slight improvement in September employment figures
Categories General HIGHLIGHTS CBRT governor Cevdet Akcay finds himself in a major controversy Atilla YeşiladaPosted on9 November, 2024 Former academician and investment banking researcher Prof Cevdet Akcay is the most outspoken member of … Continue ReadingCBRT governor Cevdet Akcay finds himself in a major controversy
Categories Economy Finance HIGHLIGHTS CBRT Inflation Report bolsters rate cut expectations Atilla YeşiladaPosted on9 November, 2024 CBRT made sizeable upward revisions to its inflation forecasts. The CBRT’s revised 3-year CPI inflation … Continue ReadingCBRT Inflation Report bolsters rate cut expectations
Categories HIGHLIGHTS Politics Turkey hopes for better relations with the US under Trump Atilla YeşiladaPosted on9 November, 2024 President Erdogan is seeking to reset Turkey’s strained ties with the United States by inviting … Continue ReadingTurkey hopes for better relations with the US under Trump
Categories Economy HIGHLIGHTS ANALYSIS: Turkish inflation stickier than molasses Atilla YeşiladaPosted on4 November, 2024 Turkish inflation was reported at 2.9% in October, higher than the market consensus of 2.5%. … Continue ReadingANALYSIS: Turkish inflation stickier than molasses
Categories General HIGHLIGHTS Erdogan ousts 3 Kurdish mayors Atilla YeşiladaPosted on4 November, 2024 Turkey dismissed pro-Kurdish mayors (DEM Party) of three southeastern cities on Monday for alleged ties … Continue ReadingErdogan ousts 3 Kurdish mayors
Categories Business Finance HIGHLIGHTS S&P/Frank Gill: Turkey still has a lot of work to do to climb to investment grade Atilla YeşiladaPosted on4 November, 2024 S&P upgraded Turkey’s sovereign rating a second time this year on Friday, with economy czar … Continue ReadingS&P/Frank Gill: Turkey still has a lot of work to do to climb to investment grade
Categories HIGHLIGHTS Politics EU Accession Report on Turkey: Status quo remains Cem CetingucPosted on3 November, 2024 The European Union’s annual progress report on Turkey’s accession process, presented Wednesday, includes references to … Continue ReadingEU Accession Report on Turkey: Status quo remains
Categories HIGHLIGHTS Politics US election unlikely to shift Turkey’s ambitions, leaving Kurds caught in the middle Atilla YeşiladaPosted on3 November, 2024 PA Turkey is hectically searching for material to explain to its readers the impact of … Continue ReadingUS election unlikely to shift Turkey’s ambitions, leaving Kurds caught in the middle
Categories Business General HIGHLIGHTS Turkey’s “Tax Cheats” owe TL915 bn Atilla YeşiladaPosted on2 November, 2024 Economy czar Mehmet Simsek is trying every trick in the book to raise new revenue … Continue ReadingTurkey’s “Tax Cheats” owe TL915 bn
