Categories Economy HIGHLIGHTS Central Bank’s new Governor Kavcioglu promises positive real yield Güldem AtabayPosted on30 March, 2021 Turkey’s new Central Bank Governor Sahap Kavcioglu said current elevated levels of inflation require tight … Continue ReadingCentral Bank’s new Governor Kavcioglu promises positive real yield
Categories Economy HIGHLIGHTS Another midnight presidential decree, another round of TL weakness Güldem AtabayPosted on30 March, 2021 Turkey’s President Erdoğan sacked the Central Bank Deputy Governor Murat Cetinkaya in a midnight presidential decree … Continue ReadingAnother midnight presidential decree, another round of TL weakness
Categories Economy HIGHLIGHTS Politics UPDATE (New case figures added): President Erdogan introduces new but mild curfew measures Güldem AtabayPosted on29 March, 202131 March, 2021 Turkey has recorded 37,303 new coronavirus cases in the space of 24 hours, the highest … Continue ReadingUPDATE (New case figures added): President Erdogan introduces new but mild curfew measures
Categories Economy HIGHLIGHTS Turkish lira keeps sliding as new Governor’s comments do not anchor Güldem AtabayPosted on29 March, 202129 March, 2021 Turkey’s lira lost more than 1% of its value on Monday, continuing its sharp decline … Continue ReadingTurkish lira keeps sliding as new Governor’s comments do not anchor
Categories Economy HIGHLIGHTS Fitch: Turkey’s abrupt central bank switch entrenches Erdogan’s unorthodoxy Güldem AtabayPosted on29 March, 2021 President Tayyip Erdogan’s decision to oust Turkey’s central bank chief entrenches his unorthodox view that … Continue ReadingFitch: Turkey’s abrupt central bank switch entrenches Erdogan’s unorthodoxy
Categories Economy HIGHLIGHTS New Central Bank Chief’s politically correct comments: April Rate Cut Not a Given Güldem AtabayPosted on29 March, 202129 March, 2021 Markets shouldn’t take for granted that the Monetary Policy Committee will cut interest rates as … Continue ReadingNew Central Bank Chief’s politically correct comments: April Rate Cut Not a Given
Categories General HIGHLIGHTS Turkish medics call for tougher measures as COVID-19 surges Atilla YeşiladaPosted on28 March, 2021 On Sunday, Turkey’s Ministry of Health reported 29,058 new Covid-19 cases, with deaths exceeding 150 … Continue ReadingTurkish medics call for tougher measures as COVID-19 surges
Categories General HIGHLIGHTS BREAKING: Armenia premier confirms he will step down to allow election Atilla YeşiladaPosted on28 March, 2021 Armenia’s embattled prime minister on Sunday confirmed that he will step down from the post … Continue ReadingBREAKING: Armenia premier confirms he will step down to allow election
Categories Atilla Yeşilada HIGHLIGHTS Markets OPINION: TL will drop faster this week Atilla YeşiladaPosted on27 March, 2021 Turkey’s sickly currency closed the week at 8.08 against the American dollar, thus officially surrendering … Continue ReadingOPINION: TL will drop faster this week
Categories Economy HIGHLIGHTS Politics Why Erdogan fired Turkey’s central bank governor Güldem AtabayPosted on26 March, 202127 March, 2021 Even some of the most ardent supporters of Turkish President Recep Tayyip Erdogan were truly … Continue ReadingWhy Erdogan fired Turkey’s central bank governor
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 Economy HIGHLIGHTS Borsa Istanbul appoints Korkmaz Enes Ergun as new CEO Güldem AtabayPosted on26 March, 2021 Turkey’s stock exchange Borsa Istanbul named Korkmaz Enes Ergun its new managing director at its … Continue ReadingBorsa Istanbul appoints Korkmaz Enes Ergun as new CEO
Categories Economy HIGHLIGHTS Turkish industrial confidence rises to highest level in almost 2,5 years Güldem AtabayPosted on26 March, 2021 The central bank data showed business confidence among Turkey’s industrialists rose to the highest level … Continue ReadingTurkish industrial confidence rises to highest level in almost 2,5 years
Categories Business HIGHLIGHTS Politics DW: EU offers rewards for Erdogan’s “good behavior” Atilla YeşiladaPosted on26 March, 2021 EU leaders on Thursday offered the possibility of deepening trade ties with Turkey, they … Continue ReadingDW: EU offers rewards for Erdogan’s “good behavior”
Categories Economy HIGHLIGHTS Tim Ash on Turkey: Reverse engineering Atilla YeşiladaPosted on26 March, 2021 It’s interesting now reading various bank reports after the firing of Agbal, which appear to … Continue ReadingTim Ash on Turkey: Reverse engineering
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 Economy HIGHLIGHTS Politics Real Turkey Channel: How Erdogan Killed the Turkish Eeconomy in 10 Days? Atilla YeşiladaPosted on25 March, 2021 How Erdogan killed the Turkish economy in 10 days? Between Monday and … Continue ReadingReal Turkey Channel: How Erdogan Killed the Turkish Eeconomy in 10 Days?
Categories Economy HIGHLIGHTS Erdogan says market volatility does not reflect Turkey’s economic reality Güldem AtabayPosted on24 March, 2021 Thousands of members of President Recep Tayyip Erdogan’s party traveled to Ankara from around the country … Continue ReadingErdogan says market volatility does not reflect Turkey’s economic reality
Categories Economy HIGHLIGHTS March Consumer Confidence Index at 2,5 year peak- heavenly Güldem AtabayPosted on24 March, 2021 Turkey Statistical Institute (TURSTAT) added one more to its controversial data stream this morning. Accordingly, … Continue ReadingMarch Consumer Confidence Index at 2,5 year peak- heavenly
Categories Economy HIGHLIGHTS Fitch and S&P Global issue new reports on Turkey: Concerns rise Atilla YeşiladaPosted on23 March, 2021 Fitch and S&P Global wrote notes about Turkey today, which express deep concern with … Continue ReadingFitch and S&P Global issue new reports on Turkey: Concerns rise
