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
Categories Atilla Yeşilada Finance COMMENTARY: Capital Flight From Turkey Will Stunt Growth, Weaken Currency Atilla YeşiladaPosted on7 July, 20209 July, 2020 Turkey is in the midst of a silent capital flight, with financial outflows mounting to … Continue ReadingCOMMENTARY: Capital Flight From Turkey Will Stunt Growth, Weaken Currency
Categories Finance Turkey’s credit fueled boom likely to end in July Atilla YeşiladaPosted on6 July, 20208 July, 2020 Turkey’s manufacturing and composite PMIs published by Istanbul Chambers for Industry in conjunction with Markit, … Continue ReadingTurkey’s credit fueled boom likely to end in July
Categories Finance General Erratic regulations will dry out foreign investment Atilla YeşiladaPosted on6 July, 20207 July, 2020 Turkey imposed a ban on six foreign banks from betting against the nation’s stocks in … Continue ReadingErratic regulations will dry out foreign investment
Categories Finance Markets Fitch: Central Bank reserves too low for comfort Atilla YeşiladaPosted on4 July, 20207 July, 2020 A new Fitch report on Turkey, issued on 3 July, comments that the FX reserves … Continue ReadingFitch: Central Bank reserves too low for comfort
Categories Finance Turkey’s wild credit boom knows no barriers Atilla YeşiladaPosted on3 July, 20206 July, 2020 Turkey’s year-to-date credit growth reached 22% (numbers differ from report to report, as there is … Continue ReadingTurkey’s wild credit boom knows no barriers
Categories Finance EM inflows accelerate in June, Turkey still outlier Atilla YeşiladaPosted on3 July, 20204 July, 2020 The latest data published by the Institute of International Finance (IIF) showed Wednesday, portfolio inflows … Continue ReadingEM inflows accelerate in June, Turkey still outlier
Categories Emerging Markets Finance Nikkei: Coronavirus triggers dollar drain in big emerging markets Atilla YeşiladaPosted on29 June, 202030 June, 2020 The global coronavirus pandemic threatens to send capital fleeing from emerging economies, as falling exports … Continue ReadingNikkei: Coronavirus triggers dollar drain in big emerging markets
