Categories Economy HIGHLIGHTS ANALYSIS: Turkish inflation enters downtrend in November data Atilla YeşiladaPosted on5 December, 2023 CPI inflation was 3.28% in November, well below market expectations, yet leading to a rise … Continue ReadingANALYSIS: Turkish inflation enters downtrend in November data
Categories HIGHLIGHTS Politics Centre right Iyi Party disavows alliances in municipal elections, dealing blow to opposition prospects to keep big cities Atilla YeşiladaPosted on5 December, 2023 Turkish center-right opposition İyi Party on Dec. 4 announced its decision not to collaborate with … Continue ReadingCentre right Iyi Party disavows alliances in municipal elections, dealing blow to opposition prospects to keep big cities
Categories Finance HIGHLIGHTS Özlem Derici Şengül Market Professionals: Return to TL instruments is accelerating Güldem AtabayPosted on4 December, 2023 According to the results of the Market Professionals Survey (PPA) organized by Spinn Consulting and … Continue ReadingMarket Professionals: Return to TL instruments is accelerating
Categories General HIGHLIGHTS Israel: We will eliminate Hamas members in Turkey Güldem AtabayPosted on4 December, 2023 Ronen Bar, the head of Israel’s internal security service Shin Bet, stated that they plan … Continue ReadingIsrael: We will eliminate Hamas members in Turkey
Categories Economy HIGHLIGHTS ANALYSIS-ING: Continued improvement in Turkey’s underlying inflation trend Güldem AtabayPosted on4 December, 20234 December, 2023 With another better-than-expected monthly reading at 3.3% (vs the consensus at 3.9% and our call … Continue ReadingANALYSIS-ING: Continued improvement in Turkey’s underlying inflation trend
Categories Business HIGHLIGHTS China-Turkey business deals on rise as ‘strategic partnership’ evolves out of geopolitical strife with West Atilla YeşiladaPosted on4 December, 2023 Kinling Lo writing for South China Morning Post finds that Turkish ambassador says his country … Continue ReadingChina-Turkey business deals on rise as ‘strategic partnership’ evolves out of geopolitical strife with West
Categories Business General HIGHLIGHTS Israel’s relations with Turkey and Jordan irreparably damaged by Gazza war—Israeli journalist Atilla YeşiladaPosted on4 December, 20234 December, 2023 Haaretz columnist Zvi Bar’el claims that “Economic deals with Jordan, border coordination with Egypt, defense … Continue ReadingIsrael’s relations with Turkey and Jordan irreparably damaged by Gazza war—Israeli journalist
Categories Atilla Yeşilada Business General HIGHLIGHTS Turkey in sanctions trouble again Atilla YeşiladaPosted on3 December, 2023 Turkey’s relations with US has taken a turn for the worse, with potentially negative consequences … Continue ReadingTurkey in sanctions trouble again
Categories General HIGHLIGHTS EUObserver claim: EU offers Turkey talks on new Customs Union in return for Swedish NATO accession Atilla YeşiladaPosted on2 December, 2023 Andrew Rettman at EUObserver states that EU has offered Turkey almost all it wanted in … Continue ReadingEUObserver claim: EU offers Turkey talks on new Customs Union in return for Swedish NATO accession
Categories Economy HIGHLIGHTS BNP Paribas/TURKEY: Disinflation without sacrificing growth in 2024 Atilla YeşiladaPosted on2 December, 20232 December, 2023 Turkey’s central bank (CBRT) has re-embraced orthodox monetary policy this year, increasing its policy rate … Continue ReadingBNP Paribas/TURKEY: Disinflation without sacrificing growth in 2024
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets TL will gain value throughout 2024 Atilla YeşiladaPosted on1 December, 2023 It takes courage to make this claim in an environment where all Turkish YouTubers claim … Continue ReadingTL will gain value throughout 2024
Categories Economy HIGHLIGHTS ANALYSIS: Turkish growth outlook in 2024 leaves a lot to be desired Atilla YeşiladaPosted on1 December, 2023 The most important data expected this week was the national income data for the third … Continue ReadingANALYSIS: Turkish growth outlook in 2024 leaves a lot to be desired
Categories Economy HIGHLIGHTS Citi expects a sharp slowdown in economic growth in Turkey next year Güldem AtabayPosted on1 December, 2023 In a report released today, Citi stated that Turkey has exhibited a stronger performance than … Continue ReadingCiti expects a sharp slowdown in economic growth in Turkey next year
Categories Economy HIGHLIGHTS Bloomberg HT Consumer Confidence Index rose sharply in November Güldem AtabayPosted on1 December, 2023 Bloomberg HT Consumer Confidence Index increased by 10.93% compared to the previous month in November. … Continue ReadingBloomberg HT Consumer Confidence Index rose sharply in November
Categories Economy HIGHLIGHTS Turkey PMI sinks further below 50.0 threshold Güldem AtabayPosted on1 December, 2023 The slowdown in the Turkish manufacturing sector became more entrenched in November, according to latest … Continue ReadingTurkey PMI sinks further below 50.0 threshold
Categories Economy HIGHLIGHTS S&P revised Turkey’s outlook to positive from stable Güldem AtabayPosted on1 December, 2023 International credit rating agency Standard & Poor’s (S&P) has reaffirmed Turkey’s credit rating as “B” … Continue ReadingS&P revised Turkey’s outlook to positive from stable
Categories Economy HIGHLIGHTS Istanbul monthly inflation at 3.79 percent in November Güldem AtabayPosted on1 December, 2023 In November 2023 the Istanbul Cost of Living Index, which is an indicator of retail … Continue ReadingIstanbul monthly inflation at 3.79 percent in November
Categories General HIGHLIGHTS Markets Morning news from Turkey: Foreign policy dominates, outlook for TL positive Atilla YeşiladaPosted on1 December, 2023 In a Reuters report, a senior official from the US State Department stated that Foreign … Continue ReadingMorning news from Turkey: Foreign policy dominates, outlook for TL positive
Categories HIGHLIGHTS Politics IYI Party to decide on local election alliance with CHP on Monday Atilla YeşiladaPosted on30 November, 2023 Turkish main opposition Republican People’s Party’s (CHP) new leader Özgür Özel and İYİ (Good) … Continue ReadingIYI Party to decide on local election alliance with CHP on Monday
Categories Economy HIGHLIGHTS ANALYSIS: GDP growth was 5.9% in 3Q despite a slowdown in sequential growth Atilla YeşiladaPosted on30 November, 2023 Anemic QoQ growth in 3Q GDP growth turned out to be 5.9% YoY in 3Q23, … Continue ReadingANALYSIS: GDP growth was 5.9% in 3Q despite a slowdown in sequential growth
