Categories Economy HIGHLIGHTS Türkiye’s FX Reserves Turn Positive After Four-Year Decline Cem CetingucPosted on6 June, 2024 The Turkish central bank’s net international reserves, excluding swaps, rose last week into positive territory … Continue ReadingTürkiye’s FX Reserves Turn Positive After Four-Year Decline
Categories Business Company & Industry HYPED New recommendation for Turkey’s private lenders Atilla YeşiladaPosted on2 June, 2024 This is an excerpt from HSBC Research Note! PA Turkey does not do equity research, … Continue ReadingNew recommendation for Turkey’s private lenders
Categories Economy HIGHLIGHTS ANALYSIS: GDP soars in 1Q2024, negative spill-over to inflation Atilla YeşiladaPosted on2 June, 2024 GDP growth in 1Q24 stood at 5.7% YoY and 2.4% QoQ. TurkStat revealed 1Q24 GDP … Continue ReadingANALYSIS: GDP soars in 1Q2024, negative spill-over to inflation
Categories Atilla Yeşilada Economy SHOCKER!!! Turkish inflation is 113%–video Atilla YeşiladaPosted on1 June, 2024 A recent survey Koc University and polling agency KONDA reported that participants think consumer … Continue ReadingSHOCKER!!! Turkish inflation is 113%–video
Categories Economy HIGHLIGHTS Monetary policy will not stoke inflation: Erdoğan Cem CetingucPosted on30 May, 2024 While addressing the Foreign Economic Relations Board, Turkish President Erdoğan has argued that the recently … Continue ReadingMonetary policy will not stoke inflation: Erdoğan
Categories Atilla Yeşilada Economy HIGHLIGHTS Turkey has 6 months to avert the next economic crisis–video commentary Atilla YeşiladaPosted on25 May, 2024 Turkey has 6 months to avert the next economic crisis On the face of it, … Continue ReadingTurkey has 6 months to avert the next economic crisis–video commentary
Categories Economy Finance HIGHLIGHTS ANALYSIS: CBRT stays on hold, but tightens via other measures Atilla YeşiladaPosted on24 May, 2024 Intro The Central Bank (CBRT) maintained the policy rate (50%) and the range between borrowing … Continue ReadingANALYSIS: CBRT stays on hold, but tightens via other measures
Categories Economy Finance HIGHLIGHTS HSBC Research: Sentiment for Turkey is positive, again Atilla YeşiladaPosted on22 May, 2024 After speaking with investors over the past two weeks… ◆ …we note a significant improvement … Continue ReadingHSBC Research: Sentiment for Turkey is positive, again
Categories Economy HIGHLIGHTS Inflation Outlook Improves: Minister Şimşek Cem CetingucPosted on20 May, 2024 The positive results of the economic program the government is implementing are reflected in inflation … Continue ReadingInflation Outlook Improves: Minister Şimşek
Categories Economy HIGHLIGHTS Fiscal outlook deteriorates despite the robustness in tax revenues Atilla YeşiladaPosted on16 May, 2024 The central government budget posted a TL178bn deficit in April, while the 12-month rolling deficit … Continue ReadingFiscal outlook deteriorates despite the robustness in tax revenues
Categories Economy General HIGHLIGHTS Important revelations from Mehmet Simsek in Qatar Economic Forum Atilla YeşiladaPosted on16 May, 2024 Mehmet Simsek promised more fiscal austerity and structural reform from Qatar Economic Forum. His speech … Continue ReadingImportant revelations from Mehmet Simsek in Qatar Economic Forum
Categories Economy HIGHLIGHTS Garanti BBVA: What to think about Turkey’s current policy mix? Atilla YeşiladaPosted on14 May, 2024 The CBRT signals to remain tight as long as needed, while new fiscal measures signal … Continue ReadingGaranti BBVA: What to think about Turkey’s current policy mix?
Categories Economy HIGHLIGHTS Turkish current account deficit: Towards the end of narrowing Atilla YeşiladaPosted on13 May, 2024 The current account in March posted a deficit of US$4.5bn, while the improvement in the … Continue ReadingTurkish current account deficit: Towards the end of narrowing
Categories Economy HIGHLIGHTS S&P upgrades Turkey’s rating to ‘B+’ amid economic stabilization Cem CetingucPosted on7 May, 2024 Credit ratings agency S&P on Friday upgraded Turkey’s ratings to “B+” from “B”, saying that … Continue ReadingS&P upgrades Turkey’s rating to ‘B+’ amid economic stabilization
Categories Economy HIGHLIGHTS Turkey’s April trade deficit expands, Trade Ministry reports Cem CetingucPosted on7 May, 2024 Türkiye’s foreign trade deficit came in at $9.9 billion in April, pointing to a 13.3 percent increase … Continue ReadingTurkey’s April trade deficit expands, Trade Ministry reports
Categories Economy Emerging Markets HIGHLIGHTS HYPED Türkiye secures foreign funds on better terms,: Minister Şimşek Cem CetingucPosted on29 April, 2024 Thanks to increased confidence and predictability, Türkiye now obtains longer-term external financing from international markets at … Continue ReadingTürkiye secures foreign funds on better terms,: Minister Şimşek
Categories Economy HIGHLIGHTS HYPED Medium-term economic program is working: Minister Şimşek Cem CetingucPosted on26 April, 2024 The medium-term economic program is working and yielding the desired results, Finance Minister Mehmet Şimşek has said, vowing to further … Continue ReadingMedium-term economic program is working: Minister Şimşek
Categories Economy HIGHLIGHTS HYPED CBRT holds policy rates steady Cem CetingucPosted on25 April, 2024 As widely expected, Türkiye’s Central Bank has kept its policy rate — the one-week repo auction … Continue ReadingCBRT holds policy rates steady
Categories Economy General HIGHLIGHTS Foreign investors trust Türkiye: Minister Şimşek Cem CetingucPosted on23 April, 2024 Foreign investors trust Türkiye and their worries about the economic program the government implements have disappeared, Finance Minister Mehmet Şimşek has said. … Continue ReadingForeign investors trust Türkiye: Minister Şimşek
Categories Company & Industry Economy General HIGHLIGHTS Markets Politics President Erdogan addresses Turkish Economy, Defense, and Gaza Support Cem CetingucPosted on17 April, 202417 April, 2024 Following the conclusion of the local elections on March 31 and the Ramadan holiday, President … Continue ReadingPresident Erdogan addresses Turkish Economy, Defense, and Gaza Support
