Categories General HIGHLIGHTS Russell Napier: Turkey’s economic meltdown threatens stability of Europe Atilla YeşiladaPosted on22 December, 2021 It is time to think about Turkey — the country. It may be a faraway … Continue ReadingRussell Napier: Turkey’s economic meltdown threatens stability of Europe
Categories Finance HYPED Markets Central Bank intervenes 2nd time in currency market, market says “Not enough” Atilla YeşiladaPosted on3 December, 2021 Turkey’s lira edged near to its record low on Friday, triggering direct central bank intervention … Continue ReadingCentral Bank intervenes 2nd time in currency market, market says “Not enough”
Categories Economy General World Bank Vice President warned Turkey against outcomes of the inflation trend Cem CetingucPosted on15 November, 202115 November, 2021 World Bank Vice President for Europe and Central Asia Anna Bjerde welcomed the positive growth of Turkey’s … Continue ReadingWorld Bank Vice President warned Turkey against outcomes of the inflation trend
Categories Economy HIGHLIGHTS Fitch praises Turkey’s resilience Atilla YeşiladaPosted on6 November, 2021 The Turkish economy has been successful in showing resilience against various shocks to continue expanding, … Continue ReadingFitch praises Turkey’s resilience
Categories Company & Industry Economy JP Morgan: CBRT speeds up monetary easing despite tricky fundamentals Cem CetingucPosted on24 October, 2021 The CBRT managed to surprise the markets yet again and cut its policy by 200bp … Continue ReadingJP Morgan: CBRT speeds up monetary easing despite tricky fundamentals
Categories Economy Erdogan Unorthodox Views on Economy Rattle Turkish Markets Cem CetingucPosted on21 October, 2021 Turkey’s President Recep Tayyip Erdogan doesn’t like it when the country’s banks charge people relatively … Continue ReadingErdogan Unorthodox Views on Economy Rattle Turkish Markets
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 Economy HIGHLIGHTS Politics AzerNews: Turkey benefits from trade wars among China, U.S, EU Atilla YeşiladaPosted on11 September, 2021 Turkey’s export has benefited from the trade wars among China, the U.S. and the EU, … Continue ReadingAzerNews: Turkey benefits from trade wars among China, U.S, EU
Categories Economy HIGHLIGHTS Turkey’s New Economic Program Explained Atilla YeşiladaPosted on10 September, 2021 Turkey’s New Economic Program Explained What is the medium-term economic program? Why … Continue ReadingTurkey’s New Economic Program Explained
Categories Business Economy HIGHLIGHTS July payrolls: Employment growth continues despite volatility in labour market statistics Atilla YeşiladaPosted on10 September, 2021 Unemployment rate witnesses 1.4% points increase, as workforce participation rate increases this time TURKSTAT … Continue ReadingJuly payrolls: Employment growth continues despite volatility in labour market statistics
Categories Company & Industry Economy Deutsche Bank/TRY: carried away Cem CetingucPosted on7 September, 2021 Deutsche Bank closed its long position recommendation for dollar/TL, which it opened in May, after … Continue ReadingDeutsche Bank/TRY: carried away
Categories Economy HIGHLIGHTS Turkey: Headline CPI surprises to the upside; core remains more benign Cem CetingucPosted on7 September, 2021 For the second time in a row, headline surprised to the upside and core surprised … Continue ReadingTurkey: Headline CPI surprises to the upside; core remains more benign
Categories Economy HIGHLIGHTS Government’s priority for 2022-2024 likely to be “GDP growth” Atilla YeşiladaPosted on7 September, 2021 The new economy program for 2022-2024 has been unveiled The medium-term program for the … Continue ReadingGovernment’s priority for 2022-2024 likely to be “GDP growth”
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 General Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on6 August, 2021 MoM expectations were over the historical averages until October (2003-2019 Median – Aug.: +0.4% Sep.: … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Economy General Erdogan: Turkish economy will grow more than 7% this year Cem CetingucPosted on5 August, 20215 August, 2021 President Tayyip Erdogan said on Wednesday Turkey’s economy would grow more than 7% this year, … Continue ReadingErdogan: Turkish economy will grow more than 7% this year
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 HYPED Gedik Invest revises its 2021 GDP growth forecast to 4.5% from 3.5% Atilla YeşiladaPosted on31 May, 2021 1Q21 GDP growth at 7.0% slightly exceeds market expectations TurkStat announced that 1Q21 GDP … Continue ReadingGedik Invest revises its 2021 GDP growth forecast to 4.5% from 3.5%
Categories Economy HIGHLIGHTS Turkish GDP to return to form with 6.7% growth in Q1, 5.5% in 2021—Reuters poll Atilla YeşiladaPosted on31 May, 2021 Turkey’s economy should expand by 5.5% this year after 6.7% estimated growth in the first … Continue ReadingTurkish GDP to return to form with 6.7% growth in Q1, 5.5% in 2021—Reuters poll
