Categories Economy HIGHLIGHTS Markets Turkish workers put in the longest hours in Europe, yet earn some of the lowest wages Cem CetingucPosted on16 September, 202416 September, 2024 Turkey has the longest average weekly working hours among European countries, with 44.2 hours, compared … Continue ReadingTurkish workers put in the longest hours in Europe, yet earn some of the lowest wages
Categories HIGHLIGHTS Markets Politics Sanctions on Russian gas expected to boost Turkey’s energy sector Cem CetingucPosted on12 September, 202412 September, 2024 According to Bayraktar, the gas transit agreement between Russia and Ukraine expires on December 31, … Continue ReadingSanctions on Russian gas expected to boost Turkey’s energy sector
Categories Atilla Yeşilada HIGHLIGHTS Markets COMMENTARY: TL assets hit by EM concerns, carry-unwind, dim earnings prospects Atilla YeşiladaPosted on29 August, 2024 Turkey’s 15 minutes under the stage lights appeared to over in August, as TL came … Continue ReadingCOMMENTARY: TL assets hit by EM concerns, carry-unwind, dim earnings prospects
Categories HIGHLIGHTS Markets Why are Turkish stocks slumping, while EM rally accelerates? Atilla YeşiladaPosted on18 August, 2024 Emerging-market stocks rallied on Friday, driven by tech companies in Asia, following U.S. data which … Continue ReadingWhy are Turkish stocks slumping, while EM rally accelerates?
Categories Company & Industry HIGHLIGHTS Markets TURKEY equity strategy: Waiting for rate cuts Atilla YeşiladaPosted on16 August, 2024 Investors are trying to gauge when the macro policies will bare fruit and the timing … Continue ReadingTURKEY equity strategy: Waiting for rate cuts
Categories Finance HIGHLIGHTS Markets Commentary: Economic slow-down is undermining the stock market Atilla YeşiladaPosted on12 August, 2024 The great volatility experienced in the first two days of the past week gave way … Continue ReadingCommentary: Economic slow-down is undermining the stock market
Categories Business General HIGHLIGHTS Markets Gustavo Medeiros/Ashmore: Turkey is back for emerging market investors Atilla YeşiladaPosted on12 July, 2024 The global head of research at Ashmore Group, Mr Gustavo Medeiros wrote an op-ed for … Continue ReadingGustavo Medeiros/Ashmore: Turkey is back for emerging market investors
Categories Economy Markets CBRT Governor Karahan’s a more cautious approach on interest rates Güldem AtabayPosted on12 July, 2024 Fatih Karahan, the governor of the Central Bank of the Republic of Turkey, gave his … Continue ReadingCBRT Governor Karahan’s a more cautious approach on interest rates
Categories HIGHLIGHTS Markets Türkiye leads Europe in agricultural income Cem CetingucPosted on8 July, 2024 Türkiye ranked first in Europe and was among the top 10 countries in the world last year in … Continue ReadingTürkiye leads Europe in agricultural income
Categories HIGHLIGHTS Markets Turkey Eyes Taxing Stock Gains as Part of Fiscal Tightening Push Güldem AtabayPosted on4 June, 2024 Turkey is considering taxing investments in stocks and cryptoassets. Treasury and Finance Minister Mehmet Simsek … Continue ReadingTurkey Eyes Taxing Stock Gains as Part of Fiscal Tightening Push
Categories Company & Industry Finance HIGHLIGHTS Markets Borsa İstanbul star of Emerging Markets but rally is stalling on account of bank valuations Atilla YeşiladaPosted on2 June, 2024 Borsa Istanbul BIST-100 main index completed May at 10,400 points with an increase of 3.53 … Continue ReadingBorsa İstanbul star of Emerging Markets but rally is stalling on account of bank valuations
Categories Company & Industry HYPED Markets HOLD recommendation for Turkish glassware giant by HSBC Research Atilla YeşiladaPosted on2 June, 2024 Key points We foresee sales volume recovery in key product groups this year but a … Continue ReadingHOLD recommendation for Turkish glassware giant by HSBC Research
Categories Finance HIGHLIGHTS Markets Comment: Strong EM appetite, Mehmet Simsek turn TL assets from dog to star, but economic turn-around is not assured Atilla YeşiladaPosted on26 May, 2024 It wasn’t long ago, only in March, most EM funds shunned Turkey betting on president … Continue ReadingComment: Strong EM appetite, Mehmet Simsek turn TL assets from dog to star, but economic turn-around is not assured
Categories HIGHLIGHTS Markets Citi, BofA analysts offered upbeat assessments on Turkish markets Cem CetingucPosted on25 May, 202425 May, 2024 In recent reports from Citi and Bank of America (BofA), analysts have offered upbeat assessments of the Turkish economy and … Continue ReadingCiti, BofA analysts offered upbeat assessments on Turkish markets
Categories HIGHLIGHTS Markets Turkey’s role in Putin’s covert fuel sales to the EU Cem CetingucPosted on20 May, 2024 Moscow bagged €3 billion through a sanctions loophole that allows Turkey to relabel Russian oil … Continue ReadingTurkey’s role in Putin’s covert fuel sales to the EU
Categories Atilla Yeşilada Finance HIGHLIGHTS Markets Video: Suddenly, Turkish Lira is the king of Emerging Markets Atilla YeşiladaPosted on18 May, 2024 It is a funny world we live in. Only in March, Turkey was on the … Continue ReadingVideo: Suddenly, Turkish Lira is the king of Emerging Markets
Categories Finance HIGHLIGHTS Markets Turkey attracts $1.5B in foreign direct investment in Q1 Cem CetingucPosted on14 May, 202414 May, 2024 Foreign direct investment (FDI) flows to Türkiye stood at $1.5 billion (TL 48 billion) in … Continue ReadingTurkey attracts $1.5B in foreign direct investment in Q1
Categories General HIGHLIGHTS Markets Politics Türkiye-EU Relations: Walking in Harmony or Dancing to Different Beats? Cem CetingucPosted on25 April, 202425 April, 2024 Imagine a waltz: two partners, connected yet independent, moving in a complicated yet graceful sequence. … Continue ReadingTürkiye-EU Relations: Walking in Harmony or Dancing to Different Beats?
Categories Company & Industry Economy General HIGHLIGHTS Markets Politics President Erdogan addresses Turkish Economy, Defense, and Gaza Support Cem CetingucPosted on17 April, 202417 April, 2024 Following the conclusion of the local elections on March 31 and the Ramadan holiday, President … Continue ReadingPresident Erdogan addresses Turkish Economy, Defense, and Gaza Support
Categories Economy HIGHLIGHTS Markets Turkish exports hit all-time high: Trade Ministry Cem CetingucPosted on15 April, 202415 April, 2024 Türkiye’s share in global goods exports increased from 1.02 percent in 2022 to a record 1.08 percent … Continue ReadingTurkish exports hit all-time high: Trade Ministry