Categories Finance HIGHLIGHTS Markets Four investment banks comment on CBRT rate cuts Atilla YeşiladaPosted on25 November, 2024
Categories General HIGHLIGHTS New clashes in Syria between Kurdish forces and Turkish proxies Atilla YeşiladaPosted on25 November, 2024
Categories HIGHLIGHTS Politics Rutte: Türkiye is an invaluable asset to NATO Cem CetingucPosted on25 November, 2024
Categories Business Company & Industry HIGHLIGHTS Turkish startups secure $4.7B in investments over four years Cem CetingucPosted on25 November, 202425 November, 2024
Gold smuggling scandal tied to Turkish MP resignations poised to widen While three MPs from the ruling coalition partner MHP have recently resigned amidst allegations tied … Continue ReadingGold smuggling scandal tied to Turkish MP resignations poised to widen
Categories Finance HIGHLIGHTS WARNING: Second crypto-scandal could stoke run on exchanges on Monday Atilla YeşiladaPosted on24 April, 2021 Turkish financial crimes watchdog MASAK on late Friday blocked all bank accounts of cryptocurrency exchange … Continue ReadingWARNING: Second crypto-scandal could stoke run on exchanges on Monday
Categories General Politics Reuters Column: When geopolitics matters to markets Atilla YeşiladaPosted on24 April, 2021 Fractious geopolitics doesn’t always move world markets – but the summer of 2021 may give … Continue ReadingReuters Column: When geopolitics matters to markets
Categories Economy HIGHLIGHTS Central Bank Governor Kavcioglu on prime time TV elaborates on monetary policy Güldem AtabayPosted on23 April, 2021 Sahap Kavcioglu, Governor of the Central Bank of the Republic of Turkey (CBRT), made statements … Continue ReadingCentral Bank Governor Kavcioglu on prime time TV elaborates on monetary policy
Categories Economy HIGHLIGHTS Politics UPDATE: Biden calls Erdogan for heads-up: He is to recognize massacre of Armenians as genocide Güldem AtabayPosted on23 April, 202123 April, 2021 CNN Politics: President Biden told Turkish President Erdoğan he’s planning to recognize Armenian genocide President … Continue ReadingUPDATE: Biden calls Erdogan for heads-up: He is to recognize massacre of Armenians as genocide
Categories General Turkish companies outlook: Strong demand and cost cutting reflects on YoY profits Cem CetingucPosted on23 April, 2021 Turkey coverage aggregate Q1 non-bank profit to grow 4x y-o-y, fall 2% q-o-q We present … Continue ReadingTurkish companies outlook: Strong demand and cost cutting reflects on YoY profits
Categories Company & Industry Economy Banking Sector: 1Q21 Earnings Preview Cem CetingucPosted on23 April, 2021 Macro volatility to take a toll on earnings We expect ROE’s to range between 0-12% … Continue ReadingBanking Sector: 1Q21 Earnings Preview
Categories General HIGHLIGHTS Politics OPINION: Who came up with this brilliant idea? Redrawing Western Balkans’ borders Atilla YeşiladaPosted on23 April, 2021 Once a shining beacon of soft power, peace and prosperity, EU’s diplomatic skills have receded … Continue ReadingOPINION: Who came up with this brilliant idea? Redrawing Western Balkans’ borders
Categories HIGHLIGHTS Markets Tech Turkey probes cryptocurrency exchange for possible $2B fraud Atilla YeşiladaPosted on22 April, 2021 Turkey’s budding crypto-assets market is reaching puberty, with the first scam being unaired today. Turkish … Continue ReadingTurkey probes cryptocurrency exchange for possible $2B fraud
Categories Emerging Markets General Natixis: New wave of infection and reduced policy space to delay India’s cyclical rebound Atilla YeşiladaPosted on22 April, 2021 Important Note to our Readers: Since Turkey’s Covid-19 outbreak proceeds in very similar lines to … Continue ReadingNatixis: New wave of infection and reduced policy space to delay India’s cyclical rebound
Categories Economy HIGHLIGHTS Turkey’s Consumer Confidence sinks in April Güldem AtabayPosted on22 April, 2021 Seasonally adjusted consumer confidence index decreased by 7.5% in April to 80.2 from the March … Continue ReadingTurkey’s Consumer Confidence sinks in April
Categories General Company Update | EREGL: TP revised up to TL22.0/share Cem CetingucPosted on22 April, 2021 Strong rally justified by rising margins. EREGL staged a strong rally over the last 6M on … Continue ReadingCompany Update | EREGL: TP revised up to TL22.0/share
Categories Business Company & Industry Trendyol received 330 million dollars capital injection from partner Alibaba Cem CetingucPosted on22 April, 202122 April, 2021 Turkish e-commerce platform Trendyol has received an additional $330 million investment from existing partner Alibaba in a … Continue ReadingTrendyol received 330 million dollars capital injection from partner Alibaba
Categories Economy HIGHLIGHTS Lira down on Erdogan’s reserve loss arguments and tensions with the US Güldem AtabayPosted on22 April, 202122 April, 2021 UPDATE: At 5 pm Turkey time, dollar/TL is trading at 8.30-31 Turkey’s lira skidded 2% … Continue ReadingLira down on Erdogan’s reserve loss arguments and tensions with the US
Categories Economy Emerging Markets HIGHLIGHTS Politics Turkey: Russia plays hardball over tourism amid Ukraine dispute Güldem AtabayPosted on22 April, 202122 April, 2021 Turkish tour operators, hotel owners and businesses based in Antalya in Turkey’s Riviera, which employs the bulk … Continue ReadingTurkey: Russia plays hardball over tourism amid Ukraine dispute
Categories Economy HIGHLIGHTS HYPED Politics Biden Preparing to Declare That Atrocities Against Armenia Were Genocide Güldem AtabayPosted on22 April, 2021 More than a century after the Ottoman Empire’s killing of an estimated 1.5 million Armenian civilians, … Continue ReadingBiden Preparing to Declare That Atrocities Against Armenia Were Genocide
Categories General Politics TTB: No vaccines, no appointments, but perception management in Turkey Cem CetingucPosted on22 April, 202122 April, 2021 The Turkish Medical Association (TTB) Central Council released a written statement yesterday (April 20) and said that … Continue ReadingTTB: No vaccines, no appointments, but perception management in Turkey
Categories Economy Güldem Atabay HIGHLIGHTS Politics Güldem Atabay: The Death of a Central Bank Güldem AtabayPosted on22 April, 2021 The Turkish central bank’s Monetary Policy Committee (MPC) kept the benchmark interest rate steady at … Continue ReadingGüldem Atabay: The Death of a Central Bank
Categories Economy ANALYSIS: IMF predicts 6% GDP growth in 2021, finds few takers Atilla YeşiladaPosted on22 April, 2021 The International Monetary Fund (IMF) has forecast that Turkish gross domestic product (GDP) will grow … Continue ReadingANALYSIS: IMF predicts 6% GDP growth in 2021, finds few takers
Categories Economy Markets Tim Ash: A hugely dangerous monetary and exchange rate strategy Atilla YeşiladaPosted on22 April, 2021 Turkish President Recep Tayyip Erdogan said authorities used $165 billion of central bank foreign-currency reserves … Continue ReadingTim Ash: A hugely dangerous monetary and exchange rate strategy
Categories HIGHLIGHTS Politics WSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say Atilla YeşiladaPosted on22 April, 2021 President Biden is poised to formally declare that the massacres of Armenians in the early … Continue ReadingWSJ: Biden Poised to Recognize Massacres of Armenians as Genocide, Officials Say
