Categories Business Economy Finance HIGHLIGHTS Türkiye report from Moody’s: Not yet ready for prime time Atilla YeşiladaPosted on19 December, 2023 International credit rating agency Moody’s published a ‘Credit Opinion’ report for Turkey. “Our credit view … Continue ReadingTürkiye report from Moody’s: Not yet ready for prime time
Categories Business General HIGHLIGHTS Orbán, Erdoğan sign strategic partnership agreement in Budapest Atilla YeşiladaPosted on18 December, 2023 During President Recep Tayyip Erdoğan’s Monday visit to Budapest, 17 bilateral agreements were signed, including … Continue ReadingOrbán, Erdoğan sign strategic partnership agreement in Budapest
Categories General HIGHLIGHTS Georgetown Security Studies: Turkey’s Pursuit of Regional Economic Power Upon its 100th Anniversary Atilla YeşiladaPosted on18 December, 2023 Under Erdogan, Turkey has reoriented her diplomatic focus to becoming a regional power. This is … Continue ReadingGeorgetown Security Studies: Turkey’s Pursuit of Regional Economic Power Upon its 100th Anniversary
Categories Economy HIGHLIGHTS Turkey’s central bank chief urges business to see high rates strategy as pain worth bearing Güldem AtabayPosted on18 December, 2023 Turkey’s central bank governor Hafize Gaye Erkan has been busy in the past two weeks … Continue ReadingTurkey’s central bank chief urges business to see high rates strategy as pain worth bearing
Categories Economy HIGHLIGHTS In October, housing prices in Turkey increased by 86.5 percent on a yearly basis Güldem AtabayPosted on18 December, 2023 The Housing Price Index increased by 3.8 percent on a monthly basis in October. On … Continue ReadingIn October, housing prices in Turkey increased by 86.5 percent on a yearly basis
Categories Economy Finance HIGHLIGHTS Turkey’s central bank to meet foreign investors in NY on January 11 Güldem AtabayPosted on18 December, 2023 Turkish Central Bank (TCMB) will hold an investor day on January 11th at JPMorgan’s New … Continue ReadingTurkey’s central bank to meet foreign investors in NY on January 11
Categories Economy HIGHLIGHTS Scope on Turkey’s growth and inflation 2024 Güldem AtabayPosted on18 December, 2023 The German credit rating agency Scope Ratings predicts that Turkey will return to 3.3% growth … Continue ReadingScope on Turkey’s growth and inflation 2024
Categories Finance HIGHLIGHTS Markets Deutsche Banks heralds carry trade in Turkish Lira is back Atilla YeşiladaPosted on17 December, 2023 We turned bullish on the lira in late September on account of over delivery from … Continue ReadingDeutsche Banks heralds carry trade in Turkish Lira is back
Categories Business Company & Industry Finance HIGHLIGHTS Turkey scores 3 major foreign financing victories in a week Atilla YeşiladaPosted on16 December, 2023 Turkey’s current account deficits are a perennial concern for investors, because their financing has been … Continue ReadingTurkey scores 3 major foreign financing victories in a week
Categories General HIGHLIGHTS Murat Yetkin: Further pressure on Türkiye for Sweden’s NATO bid: Will Ankara give in? Atilla YeşiladaPosted on16 December, 2023 On December 14, there were two important developments that show that Türkiye’s relations with both … Continue ReadingMurat Yetkin: Further pressure on Türkiye for Sweden’s NATO bid: Will Ankara give in?
Categories Finance HIGHLIGHTS Hot money torrent in Turkish markets Atilla YeşiladaPosted on14 December, 2023 Expectations of Feed pivot, validated by Fed FOMC dot plot and lower oil prices which … Continue ReadingHot money torrent in Turkish markets
Categories Economy HIGHLIGHTS Simsek lists achievements of stability program, pleads for more time Atilla YeşiladaPosted on14 December, 2023 Talking to pro-AKP daily Hurriyet, Minister of Treasury and Finance Mehmet Şimşek stated that the … Continue ReadingSimsek lists achievements of stability program, pleads for more time
Categories General HIGHLIGHTS FIRST TAKE: Biden & Erdogan chat on the phone Atilla YeşiladaPosted on14 December, 2023 Erdogan finally got some respect from Erdogan when two leaders chatted on the phone. While … Continue ReadingFIRST TAKE: Biden & Erdogan chat on the phone
Categories General HIGHLIGHTS Europeans don’t mind Ukraine joining EU, but they don’t want Turkey Atilla YeşiladaPosted on13 December, 2023 While Europeans appeared relatively amenable to the idea of Ukraine’s accession, the sentiment notably waned … Continue ReadingEuropeans don’t mind Ukraine joining EU, but they don’t want Turkey
Categories HIGHLIGHTS Politics Yöneylem Survey: The “no block” is intact while IYI Parti meltdown continues Güldem AtabayPosted on11 December, 2023 Yöneylem Research shared the results of the “November 2023 Turkey Political Panel” survey. The research … Continue ReadingYöneylem Survey: The “no block” is intact while IYI Parti meltdown continues
Categories Economy Finance HIGHLIGHTS Turkey’s current account posts a surplus of 186 million dollars in October Güldem AtabayPosted on11 December, 2023 Turkey’s October current account balance showed a surplus of 186 million dollars bringing down the … Continue ReadingTurkey’s current account posts a surplus of 186 million dollars in October
Categories Business Economy HIGHLIGHTS October industrial production: Sharp deceleration amidst sectoral diffusion Atilla YeşiladaPosted on11 December, 2023 The contraction in industrial production continued in October with visible sectoral differences. While seasonally adjusted … Continue ReadingOctober industrial production: Sharp deceleration amidst sectoral diffusion
Categories General HIGHLIGHTS Cyprus Mail View: How much longer can Cyprus hinder Greece-Turkey relations? Atilla YeşiladaPosted on11 December, 2023 President Tayyip Erdogan’s groundbreaking visit to Athens on Thursday was a strong indication of the … Continue ReadingCyprus Mail View: How much longer can Cyprus hinder Greece-Turkey relations?
Categories Business General HIGHLIGHTS Dorian Jones: EU leaders will need to answer the question about what to do with Turkey Atilla YeşiladaPosted on11 December, 2023 Ankara has great expectations from the upcoming EU summit. While the official bid for eventual … Continue ReadingDorian Jones: EU leaders will need to answer the question about what to do with Turkey
Categories General HIGHLIGHTS There won’t be a united Cyprus, Turkish leader says, (or the answer to the question of why there won’t be peace between Turkey and Greece..) Atilla YeşiladaPosted on10 December, 2023 Brussels is wasting its breath with repeated calls for a federal settlement, Ersin Tatar … Continue ReadingThere won’t be a united Cyprus, Turkish leader says, (or the answer to the question of why there won’t be peace between Turkey and Greece..)