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 HIGHLIGHTS Fitch: Turkey’s abrupt central bank switch entrenches Erdogan’s unorthodoxy Güldem AtabayPosted on29 March, 2021 President Tayyip Erdogan’s decision to oust Turkey’s central bank chief entrenches his unorthodox view that … Continue ReadingFitch: Turkey’s abrupt central bank switch entrenches Erdogan’s unorthodoxy
Categories Economy HIGHLIGHTS New Central Bank Chief’s politically correct comments: April Rate Cut Not a Given Güldem AtabayPosted on29 March, 202129 March, 2021 Markets shouldn’t take for granted that the Monetary Policy Committee will cut interest rates as … Continue ReadingNew Central Bank Chief’s politically correct comments: April Rate Cut Not a Given
Categories Economy General Africa abandoned to Covid-19 until 2023-2024 Atilla YeşiladaPosted on29 March, 2021 Most of the Frontier Markets so beloved by risk-loving global funds are located in Africa, … Continue ReadingAfrica abandoned to Covid-19 until 2023-2024
Categories Economy HIGHLIGHTS Politics Why Erdogan fired Turkey’s central bank governor Güldem AtabayPosted on26 March, 202127 March, 2021 Even some of the most ardent supporters of Turkish President Recep Tayyip Erdogan were truly … Continue ReadingWhy Erdogan fired Turkey’s central bank governor
Categories Economy Finance HIGHLIGHTS Turkish bond funds experience biggest weekly selloff this year – Lipper data Güldem AtabayPosted on26 March, 202126 March, 2021 Investors sold $29.2 million from Turkish lira-denominated bond funds in the week ended March 24, … Continue ReadingTurkish bond funds experience biggest weekly selloff this year – Lipper data
Categories Economy HIGHLIGHTS Borsa Istanbul appoints Korkmaz Enes Ergun as new CEO Güldem AtabayPosted on26 March, 2021 Turkey’s stock exchange Borsa Istanbul named Korkmaz Enes Ergun its new managing director at its … Continue ReadingBorsa Istanbul appoints Korkmaz Enes Ergun as new CEO
Categories Economy HIGHLIGHTS Turkish industrial confidence rises to highest level in almost 2,5 years Güldem AtabayPosted on26 March, 2021 The central bank data showed business confidence among Turkey’s industrialists rose to the highest level … Continue ReadingTurkish industrial confidence rises to highest level in almost 2,5 years
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 Moody’s upgrades its global February forecast by 0.5 per cent Atilla YeşiladaPosted on25 March, 2021 The world economy is expected to grow by more than 5 per cent this … Continue ReadingMoody’s upgrades its global February forecast by 0.5 per cent
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 HIGHLIGHTS Erdogan says market volatility does not reflect Turkey’s economic reality Güldem AtabayPosted on24 March, 2021 Thousands of members of President Recep Tayyip Erdogan’s party traveled to Ankara from around the country … Continue ReadingErdogan says market volatility does not reflect Turkey’s economic reality
Categories Economy HIGHLIGHTS March Consumer Confidence Index at 2,5 year peak- heavenly Güldem AtabayPosted on24 March, 2021 Turkey Statistical Institute (TURSTAT) added one more to its controversial data stream this morning. Accordingly, … Continue ReadingMarch Consumer Confidence Index at 2,5 year peak- heavenly
Categories Economy HIGHLIGHTS Fitch and S&P Global issue new reports on Turkey: Concerns rise Atilla YeşiladaPosted on23 March, 2021 Fitch and S&P Global wrote notes about Turkey today, which express deep concern with … Continue ReadingFitch and S&P Global issue new reports on Turkey: Concerns rise
Categories Economy HIGHLIGHTS Politics Sinan Ulgen*: The Politics Behind Erdogan’s Central Bank Decision Güldem AtabayPosted on23 March, 202123 March, 2021 On the same day that Turkey’s President Recep Tayyip Erdogan sacked Naci Agbal, his third central … Continue ReadingSinan Ulgen*: The Politics Behind Erdogan’s Central Bank Decision
Categories Economy HIGHLIGHTS Erdogan May Reshuffle Turkish Cabinet Soon, His Party Says Güldem AtabayPosted on23 March, 2021 President Recep Tayyip Erdogan may reshuffle Turkey’s government soon, a deputy chairman of the governing party said … Continue ReadingErdogan May Reshuffle Turkish Cabinet Soon, His Party Says
Categories Economy HIGHLIGHTS Turkish markets on fire as Erdoğan adviser Bulut takes the scene Güldem AtabayPosted on23 March, 2021 Yigit Bulut, President Erdogan’s senior economic adviser claimed Turkish locals sold USD 7.0 billion in … Continue ReadingTurkish markets on fire as Erdoğan adviser Bulut takes the scene
Categories Economy HIGHLIGHTS Turkish lira plunges 13% in early trade after Erdogan ousts central bank governor Güldem AtabayPosted on21 March, 2021 Turkey’s lira tumbled 13% in early Asia trade on Monday, touching November levels, after President … Continue ReadingTurkish lira plunges 13% in early trade after Erdogan ousts central bank governor