Categories Business Company & Industry Finance Koc Holding: Discount to NAV still wide vs history; attractive entry point vs subs; reiterate Buy Cem CetingucPosted on18 August, 2021 We reiterate our Buy rating on Koc Holding (Koc) post 2Q results announced on July … Continue ReadingKoc Holding: Discount to NAV still wide vs history; attractive entry point vs subs; reiterate Buy
Categories Economy Finance Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2 Cem CetingucPosted on15 August, 202115 August, 2021 In June, IP increased by 2.3% MoM and 23.9% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, June 2021: IP figures indicate a strong growth in Q2
Categories Emerging Markets Finance HIGHLIGHTS Nikkei Asia: Who’s in trouble, the US dollar or emerging economies? Atilla YeşiladaPosted on5 August, 2021 The U.S. dollar has surged on the country’s steep economic rebound, in a trend that … Continue ReadingNikkei Asia: Who’s in trouble, the US dollar or emerging economies?
Categories Economy Finance HIGHLIGHTS Markets Central bank of Turkey revised up its end of year CPI inflation estimation; credibility still suffers Güldem AtabayPosted on29 July, 2021 Through the announcement of its third Inflation Report of the year, Turkey’s central bank (CBRT) … Continue ReadingCentral bank of Turkey revised up its end of year CPI inflation estimation; credibility still suffers
Categories Emerging Markets Finance Emerging Markets arrive late to the SPAC party Atilla YeşiladaPosted on27 July, 2021 Emerging markets have so far been on the fringes of a fundraising boom using so-called … Continue ReadingEmerging Markets arrive late to the SPAC party
Categories Emerging Markets Finance HIGHLIGHTS Reuters: Rand, lira lead EMEA currencies lower as virus cases rise Atilla YeşiladaPosted on19 July, 2021 Emerging market stocks and currencies tumbled on Monday as investors rushed to safe havens on … Continue ReadingReuters: Rand, lira lead EMEA currencies lower as virus cases rise
Categories Economy Finance HIGHLIGHTS World’s Largest Airport Refinances Debt in Record Turkish Deal Güldem AtabayPosted on13 July, 2021 The operator of Istanbul’s new airport, set to be the world’s largest when completed in … Continue ReadingWorld’s Largest Airport Refinances Debt in Record Turkish Deal
Categories Finance HYPED Markets Why Turkey’s Lira Is Having a Rough Year? Atilla YeşiladaPosted on10 July, 2021 A Turkey country-specific exchange traded fund has been among the worst performers this year, as … Continue ReadingWhy Turkey’s Lira Is Having a Rough Year?
Categories Business Finance General A new Reza Zarrab case is brewing in Austria Atilla YeşiladaPosted on6 July, 2021 Shady business tycoon Sezgin Baran Korkmaz has slammed claims that he will be the next … Continue ReadingA new Reza Zarrab case is brewing in Austria
Categories Economy Finance General HIGHLIGHTS ‘IPOs Aren’t Fun Anymore’: Turkey’s Stock Craze Is Fizzling Out Güldem AtabayPosted on1 July, 2021 At the height of Turkey’s day-trading frenzy, Osman Sekman was opening as many brokerage accounts … Continue Reading‘IPOs Aren’t Fun Anymore’: Turkey’s Stock Craze Is Fizzling Out
Categories Finance General HIGHLIGHTS OECD urges Turkey to fight against foreign bribery Güldem AtabayPosted on30 June, 2021 The OECD Working Group on Bribery on Tuesday called on Turkey to urgently implement key reforms to … Continue ReadingOECD urges Turkey to fight against foreign bribery
Categories Economy Finance General HIGHLIGHTS Turkey extends amnesty on wealth repatriation Güldem AtabayPosted on30 June, 2021 Turkey’s government extended an amnesty on the free entry into the country of assets including … Continue ReadingTurkey extends amnesty on wealth repatriation
Categories Economy Finance General HIGHLIGHTS Turkish central bank may revert to Albayrak-style policy to boost lira deposits Güldem AtabayPosted on24 June, 2021 Turkey’s central bank may introduce unorthodox measures to encourage Turks to deposit cash in liras … Continue ReadingTurkish central bank may revert to Albayrak-style policy to boost lira deposits
Categories Economy Finance HIGHLIGHTS Politics Mobster videos renew scrutiny on Turkey’s wealth amnesty law Güldem AtabayPosted on24 June, 2021 YouTube videos of convicted Turkish mob boss Sedat Peker accusing government officials of corruption and … Continue ReadingMobster videos renew scrutiny on Turkey’s wealth amnesty law
Categories Economy Finance General HIGHLIGHTS Politics US seeks seizure of shady tycoon’s assets in Turkey Güldem AtabayPosted on21 June, 2021 The United States seeks the seizure of shady Turkish businessman Sezgin Baran Korkmaz’s assets as … Continue ReadingUS seeks seizure of shady tycoon’s assets in Turkey
Categories Company & Industry Finance Markets Macro Snapshot: Net FX Position of Non-Financial Companies Cem CetingucPosted on7 June, 2021 In March, net FX position of the non-financials was USD-157.5bn (2020: USD -157.6bn). FX assets … Continue ReadingMacro Snapshot: Net FX Position of Non-Financial Companies
Categories Finance Markets Tax loopholes create opportunity for Bitcoin investors Cem CetingucPosted on26 May, 2021 Greg Iacurci Crypto investors may be shell-shocked by a recent plunge in prices. But that … Continue ReadingTax loopholes create opportunity for Bitcoin investors
Categories Emerging Markets Finance HIGHLIGHTS CNBC: Rising debt in emerging markets could push back Covid recovery and widen gap with developed world Atilla YeşiladaPosted on24 May, 2021 Swelling debt levels may cause emerging markets to fall further behind developed markets in the … Continue ReadingCNBC: Rising debt in emerging markets could push back Covid recovery and widen gap with developed world
Categories Finance HYPED Markets Turkish Lira leads EM currency slump Atilla YeşiladaPosted on19 May, 2021 Turkey’s lira led a decline in emerging market currencies ahead of the publication of the … Continue ReadingTurkish Lira leads EM currency slump
Categories Business Finance Macro Snapshot: Outstanding External Loans Received by Private Sector in March Cem CetingucPosted on17 May, 2021 In March, short term loans increased by USD815mn (trade credits increased by USD1.4bn) whereas long … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector in March
