Categories Economy HIGHLIGHTS Revision: Treasury raises USD2.25 bn going for a dual-tranche eurobond issue Güldem AtabayPosted on13 September, 202114 September, 2021 Turkish Treasury announced that as part of the 2021 external borrowing program, Ministry of Treasury … Continue ReadingRevision: Treasury raises USD2.25 bn going for a dual-tranche eurobond issue
Categories Economy HIGHLIGHTS Turkey’s current account deficit: How much lower at 2021 year-end? Güldem AtabayPosted on13 September, 2021 Turkey’s current account balance recorded USD 683 million deficit indicating a decrease of USD 1,306 … Continue ReadingTurkey’s current account deficit: How much lower at 2021 year-end?
Categories Economy HIGHLIGHTS Turkish industrial sector losing steam Güldem AtabayPosted on13 September, 202113 September, 2021 Turkey’s industrial production fell for the first time since April 2020 on a month-on-month basis. … Continue ReadingTurkish industrial sector losing steam
Categories Economy General +61K Turkish shop owners went bankrupt in 2021 Cem CetingucPosted on13 September, 2021 Main opposition Republican People’s Party (CHP) Vice Chair and Malatya MP Veli Ağbaba has criticized … Continue Reading+61K Turkish shop owners went bankrupt in 2021
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 Economy HIGHLIGHTS Politics Polls show opposition to Erdoğan, discontent with government Güldem AtabayPosted on8 September, 2021 Recent polling from research groups across the political spectrum in August showed that the Turkish … Continue ReadingPolls show opposition to Erdoğan, discontent with government
Categories Economy Finance HIGHLIGHTS Markets Turkey Central Bank Paves Way for Rate Cut With Guidance Shift Güldem AtabayPosted on8 September, 2021 The Turkish central bank shifted its policy focus to a core set of prices amid … Continue ReadingTurkey Central Bank Paves Way for Rate Cut With Guidance Shift
Categories Economy HIGHLIGHTS POLL-Turkey’s current account deficit seen at $570 mln in July Güldem AtabayPosted on8 September, 2021 Turkey’s current account is expected to record a relatively small deficit of $570 million in … Continue ReadingPOLL-Turkey’s current account deficit seen at $570 mln in July
Categories Economy Finance HIGHLIGHTS Turkish Banks Resist Calls to Curb Consumer Loans During Faceoff Güldem AtabayPosted on7 September, 2021 Turkish lenders are resisting demands from the banking regulator to curb growth in consumer credit, … Continue ReadingTurkish Banks Resist Calls to Curb Consumer Loans During Faceoff
Categories Company & Industry Economy Turkish Banks: Sector Monthly Data Cem CetingucPosted on7 September, 2021 Lower monthly ROE of 12% due to higher trading loss Turkish banking sector’s July net … Continue ReadingTurkish Banks: Sector Monthly Data
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 HIGHLIGHTS Politics Afghanistan: Turkish technical team begins work at Kabul airport Güldem AtabayPosted on6 September, 2021 A Turkish technical team arrived in Kabul last week to help efforts to reopen its airport for … Continue ReadingAfghanistan: Turkish technical team begins work at Kabul airport
Categories Economy HIGHLIGHTS Politics German elections and Turkey – Part 1: What do the party programs say? Güldem AtabayPosted on6 September, 2021 On 26 September, there will be national elections in Germany. In a series of columns … Continue ReadingGerman elections and Turkey – Part 1: What do the party programs say?
Categories Economy HIGHLIGHTS Turkey’s new Medium-Term Economic Program promises miracles Atilla YeşiladaPosted on6 September, 2021 The Erdogan administration unveiled its three-year economic policy guidelines, which is the most important and … Continue ReadingTurkey’s new Medium-Term Economic Program promises miracles
Categories Economy HIGHLIGHTS Moody’s raises Turkey 2021 GDP forecast Atilla YeşiladaPosted on5 September, 2021 Turkey’s 20+% growth spurt in 2Q2021 and strong data from summer months, is leading global … Continue ReadingMoody’s raises Turkey 2021 GDP forecast
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%