Categories Finance Gedik Invest: Rate cut expectations may be postponed Atilla YeşiladaPosted on6 May, 2021 CBRT kept its policy rate on hold at 19.0%, which is in line with market … Continue ReadingGedik Invest: Rate cut expectations may be postponed
Categories Emerging Markets Finance Capital flows to emerging markets climb in April on higher debt investments, IIF says Atilla YeşiladaPosted on5 May, 2021 Emerging market securities attracted capital flows of $45.5 billion in April, a significant recovery from … Continue ReadingCapital flows to emerging markets climb in April on higher debt investments, IIF says
Categories Emerging Markets Finance HIGHLIGHTS Taper Tantrum 2.0: Beware the TUCKANS Atilla YeşiladaPosted on4 May, 2021 2021 is not turning out to be the Goldilocks Year for Emerging Markets that the … Continue ReadingTaper Tantrum 2.0: Beware the TUCKANS
Categories Economy Finance JP Morgan: Governor Kavcioglu’s hawkish tone reduces the risk of premature easing Atilla YeşiladaPosted on1 May, 2021 By Yarkin Cebeci In the first inflation report briefing of his term, CBRT’s newly-appointed … Continue ReadingJP Morgan: Governor Kavcioglu’s hawkish tone reduces the risk of premature easing
Categories Economy Finance HIGHLIGHTS Politics Turkey’s banks ‘shy away from Erdoğan’s Kanal Istanbul project’ Güldem AtabayPosted on27 April, 2021 Some of Turkey’s biggest banks are reluctant to finance President Recep Tayyip Erdoğan’s planned Istanbul … Continue ReadingTurkey’s banks ‘shy away from Erdoğan’s Kanal Istanbul project’
Categories Finance Markets Turkey currency outlook: New bouts of weakness underway Atilla YeşiladaPosted on27 April, 2021 Turkey’s lira rebounded 1.5% on Monday and retreated from near an all-time low as locals … Continue ReadingTurkey currency outlook: New bouts of weakness underway
Categories Finance HIGHLIGHTS Turkey says it will respond in time to “outrageous” U.S. genocide statement Atilla YeşiladaPosted on26 April, 2021 U.S. President Joe Biden’s declaration that the massacres of Armenians in the Ottoman Empire constituted … Continue ReadingTurkey says it will respond in time to “outrageous” U.S. genocide statement
Categories Finance HIGHLIGHTS WARNING: Second crypto-scandal could stoke run on exchanges on Monday Atilla YeşiladaPosted on24 April, 2021 Turkish financial crimes watchdog MASAK on late Friday blocked all bank accounts of cryptocurrency exchange … Continue ReadingWARNING: Second crypto-scandal could stoke run on exchanges on Monday
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?
