Categories Finance Markets Turkish Airlines: Stock correction as a buying opportunity Atilla YeşiladaPosted on20 April, 2021 Turkish Airlines’ (TA) stock has been under pressure during the last month: it has lost … Continue ReadingTurkish Airlines: Stock correction as a buying opportunity
Categories Emerging Markets Finance Growing China human rights concerns risk curbing foreign investment needed to support economy Atilla YeşiladaPosted on17 April, 2021 International criticism of China’s alleged human rights violations has grown louder in recent months, putting … Continue ReadingGrowing China human rights concerns risk curbing foreign investment needed to support economy
Categories Economy Finance HIGHLIGHTS Central Bank Governor’ explanation on 128 billion dollar fx reserve meltdown: Yet the question remains Güldem AtabayPosted on16 April, 2021 Shahap Kavcioglu, Governor of the Central Bank of the Republic of Turkey, responded to allegations … Continue ReadingCentral Bank Governor’ explanation on 128 billion dollar fx reserve meltdown: Yet the question remains
Categories Economy Emerging Markets Finance General HIGHLIGHTS HYPED Politics The real story behind Turkey’s 128 bn dollar fx reserve loss I Kerim Rota Güldem AtabayPosted on15 April, 2021 Is it possible to return to the Roulette table? How did the “reserve leakage” arise? … Continue ReadingThe real story behind Turkey’s 128 bn dollar fx reserve loss I Kerim Rota
Categories Economy Finance General HIGHLIGHTS Turkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations Güldem AtabayPosted on13 April, 2021 A lawyer for Halkbank told a U.S. appeals court on Monday that the state-owned Turkish … Continue ReadingTurkey’s Halkbank urges end of U.S. prosecution alleging Iran sanctions violations
Categories Finance HIGHLIGHTS Markets Credit Suisse on TL: Another U-turn in macro policies Atilla YeşiladaPosted on9 April, 2021 Core Views Although Q1 felt like a strong one for the USD, the BBDXY only … Continue ReadingCredit Suisse on TL: Another U-turn in macro policies
Categories Finance EBRD President: Turkey central bank shakeup raises financial stability concerns Atilla YeşiladaPosted on9 April, 2021 Change at the helm of Turkey’s central bank has raised concerns about its financial stability … Continue ReadingEBRD President: Turkey central bank shakeup raises financial stability concerns
Categories Finance Markets Turkey may avoid lira collapse by holding interest rates, IHS Markit says Atilla YeşiladaPosted on4 April, 2021 Turkey’s central bank, faced with fresh instability in the llra, may keep its benchmark interest … Continue ReadingTurkey may avoid lira collapse by holding interest rates, IHS Markit says
Categories Finance Markets US yields rise, TL drops Atilla YeşiladaPosted on3 April, 2021 U.S. Treasury yields rose Friday after a stronger-than-expected jobs report brought forward expectations for the … Continue ReadingUS yields rise, TL drops
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 Finance HIGHLIGHTS Markets Turkey’s plunging lira: don’t expect an end to this saga soon Atilla YeşiladaPosted on25 March, 2021 Dollar/TL is closing trading hours in Turkey on Thursday at around 7.95, as MSCI Emerging … Continue ReadingTurkey’s plunging lira: don’t expect an end to this saga soon
Categories Finance Tech Real Turkey: Future of Crypto-currencies: What does Monetary Theory say? Atilla YeşiladaPosted on22 March, 2021 The Future of Crypto-assets: What Does Monetary Theory Say? Once again, responding to comments … Continue ReadingReal Turkey: Future of Crypto-currencies: What does Monetary Theory say?
Categories Economy Finance HIGHLIGHTS JP Morgan rate call: Explicit reference to tighter policies needed to restore credibility Atilla YeşiladaPosted on20 July, 202020 July, 2020 In line with the Bloomberg consensus, we expect the CBRT to keep its key policy … Continue ReadingJP Morgan rate call: Explicit reference to tighter policies needed to restore credibility
Categories Finance General HIGHLIGHTS Markets Inflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week Güldem AtabayPosted on18 July, 202018 July, 2020 As per the central bank announcement today, FX reserve requirement ratios have been increased by … Continue ReadingInflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week
Categories Economy Finance General HIGHLIGHTS Turkish state banks fx sales add to USD100bn Editor P.A.Posted on17 July, 202018 July, 2020 Turkish state banks have doubled their short foreign currency positions in six weeks to $8.3 … Continue ReadingTurkish state banks fx sales add to USD100bn
Categories Economy Emerging Markets Finance Politics Turkey’s debt driven housing boom in June Editor P.A.Posted on14 July, 202014 July, 2020 Turkey’s house sales skyrocketed by 209.7% yoy in June 2020 and reached 190K. The breakdown … Continue ReadingTurkey’s debt driven housing boom in June
Categories Economy Emerging Markets Finance Güldem Atabay Fresh data show Turkey’s economy in deep deep trouble Güldem AtabayPosted on13 July, 202014 July, 2020 As the calendars marked the anniversary of the second year of presidential system in Turkey … Continue ReadingFresh data show Turkey’s economy in deep deep trouble
Categories Emerging Markets Finance Danske Bank: USD weakness to support EM FX…. except TL? Atilla YeşiladaPosted on11 July, 202014 July, 2020 Over the past month, the COVID-19 virus has continued to affect many emerging and frontier … Continue ReadingDanske Bank: USD weakness to support EM FX…. except TL?
Categories Finance FT: Former chief economist bashes monetary policy Atilla YeşiladaPosted on10 July, 202011 July, 2020 Mr Hakan Kara, a former chief economist of the Central Bank of the Republic of … Continue ReadingFT: Former chief economist bashes monetary policy
Categories Finance Markets CNBC.com: Turkey faces the prospect of another currency crisis Atilla YeşiladaPosted on9 July, 202010 July, 2020 Turkey’s lira this week slipped to its weakest level since hitting a record low in … Continue ReadingCNBC.com: Turkey faces the prospect of another currency crisis
