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 General Turkey avoided recession, however high inflation and Lira volatility remains Cem CetingucPosted on31 March, 2021 Relations with the EU and the US remain strained: President Erdogan won the June 2018 … Continue ReadingTurkey avoided recession, however high inflation and Lira volatility remains
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 General Reuters: ‘We will not be able to pay our bills’: Turks set to lose a COVID-19 income support Atilla YeşiladaPosted on31 March, 2021 Amidst the confusion and loss of economic confidence caused by the swift slide of the … Continue ReadingReuters: ‘We will not be able to pay our bills’: Turks set to lose a COVID-19 income support
Categories Economy Politics Erdogan starts a political earthquake in Turkey Cem CetingucPosted on29 March, 2021 Vijay Prashad, Ahmet Tonak Significant developments are underway in Turkey. Most ominously, the government of … Continue ReadingErdogan starts a political earthquake in Turkey
Categories Economy Güldem Atabay Politics Erdoğan firing central bank governor gamble on snap elections Cem CetingucPosted on29 March, 202129 March, 2021 Turkey’s President Recep Tayyip Erdoğan shook international markets by firing the well-regarded governor of the … Continue ReadingErdoğan firing central bank governor gamble on snap elections
Categories Economy Politics Turkey’s economic mess is a policy failure rather than a divine test Cem CetingucPosted on29 March, 2021 David Lepeska President Recep Tayyip Erdogan subtly acknowledged the depth of Turkey’s financial woes in … Continue ReadingTurkey’s economic mess is a policy failure rather than a divine test
Categories Economy Desmond Lachman: Will Turkey Destroy Its Own Economy? Atilla YeşiladaPosted on26 March, 2021 On Friday, at 5 pm Istanbul time, dollar/TL trade above the critical resistance, as Borsa … Continue ReadingDesmond Lachman: Will Turkey Destroy Its Own Economy?
Categories Economy HIGHLIGHTS Tim Ash on Turkey: Reverse engineering Atilla YeşiladaPosted on26 March, 2021 It’s interesting now reading various bank reports after the firing of Agbal, which appear to … Continue ReadingTim Ash on Turkey: Reverse engineering
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 Markets Real Turkey: Should Turkey raise interest rates? Could she? Atilla YeşiladaPosted on16 March, 2021 Should Turkey raise interest rates? Could she? Real Turkey presents its Turkey … Continue ReadingReal Turkey: Should Turkey raise interest rates? Could she?
Categories Economy HYPED Y.F. Invest: Budget Focus: Positive data in monthly basis, but… Atilla YeşiladaPosted on16 March, 2021 Cover chart: 3-mth rolling average of tax revenues vs. non-interest expenditures, annualized. Green: Tax revenues, … Continue ReadingY.F. Invest: Budget Focus: Positive data in monthly basis, but…
Categories Economy HIGHLIGHTS BNP Paribas TEB: Outlook for Turkish Economy Atilla YeşiladaPosted on21 July, 202021 July, 2020 Turkey first quarter GDP for 2020 increased 4.5% y/y Seasonally and calendar adjusted GDP increased … Continue ReadingBNP Paribas TEB: Outlook for Turkish Economy
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 Economy HIGHLIGHTS Markets Tim Ash answers FAQ about Turkey Atilla YeşiladaPosted on16 July, 202016 July, 2020 Q: Turkey is a big EM credit, what is the foreign investor view of the … Continue ReadingTim Ash answers FAQ about Turkey
Categories Economy Markets Turkey’s inflation outlook worsens, bond yields rise Atilla YeşiladaPosted on14 July, 202015 July, 2020 Expectations for consumer price inflation in Turkey are worsening, according to the monthly survey by … Continue ReadingTurkey’s inflation outlook worsens, bond yields rise
Categories Economy Macro Snapshot: April 2020 Unemployment – Outlook remains weak… Atilla YeşiladaPosted on11 July, 202013 July, 2020 Turkey’s unadjusted unemployment rate was 12.8% in April. There was no consensus available for the … Continue ReadingMacro Snapshot: April 2020 Unemployment – Outlook remains weak…
Categories Economy Seker Invest: CPI inflation greatly exceeds market expectations (as in May) Atilla YeşiladaPosted on3 July, 20203 July, 2020 After the release of June inflation data, disappointment spread among economists, some of whom began … Continue ReadingSeker Invest: CPI inflation greatly exceeds market expectations (as in May)
Categories Economy IMF: Turkey is in the red zone Atilla YeşiladaPosted on27 June, 202030 June, 2020 IMF’s recent mid-year global outlook update has created shockwaves in markets, and is now causing … Continue ReadingIMF: Turkey is in the red zone
Categories Economy Politics Survey: Turkey’s economic problems become endemic Atilla YeşiladaPosted on25 June, 202026 June, 2020 Recent polls revealed an increase in undecided voters, now reaching 17% of the electorate, with … Continue ReadingSurvey: Turkey’s economic problems become endemic
