Categories Atilla Yeşilada Finance HIGHLIGHTS Markets Comment: Will Turkey’s Central Bank ever stop cutting rates? Atilla YeşiladaPosted on16 December, 2021 With Fed turning decidedly more hawkish on Wednesday, the other highlight of the week is … Continue ReadingComment: Will Turkey’s Central Bank ever stop cutting rates?
Categories Economy Finance General HIGHLIGHTS Markets Politics Turkish Central Bank intervenes again as Lira moves past 14 per Dollar; rate cut decision awaited Güldem AtabayPosted on13 December, 2021 Turkey’s lira tumbled past 14 to the dollar to 14.75 for the first time in … Continue ReadingTurkish Central Bank intervenes again as Lira moves past 14 per Dollar; rate cut decision awaited
Categories Finance HYPED Markets Market Watch: Turkish lira crumbles after S&P warns over Turkey Atilla YeşiladaPosted on13 December, 2021 The beleaguered Turkish lira was crushed on Monday after Standard & Poor’s warned it may … Continue ReadingMarket Watch: Turkish lira crumbles after S&P warns over Turkey
Categories Economy General HIGHLIGHTS Markets Currency crisis hits hard in Turkey Cem CetingucPosted on9 December, 2021 Turkey’s deepening currency crisis could mark the definitive end of the country’s economic success story … Continue ReadingCurrency crisis hits hard in Turkey
Categories Finance Markets BarCap expects the policy rate to be cut by 300bp to 12% over the next two CB meetings Atilla YeşiladaPosted on7 December, 2021 Inflation to peak at over 30%: Marking to marked the most recent move in TRY, … Continue ReadingBarCap expects the policy rate to be cut by 300bp to 12% over the next two CB meetings
Categories Economy Emerging Markets HIGHLIGHTS Markets Bank investment chiefs cautious about China and emerging markets Cem CetingucPosted on7 December, 2021 Market volatility and uncertainty over China’s indebted property sector is making bank investment chiefs cautious … Continue ReadingBank investment chiefs cautious about China and emerging markets
Categories Emerging Markets General HIGHLIGHTS Markets IMF and the Economist deem Turkey highly vulnerable in 2022 Atilla YeşiladaPosted on4 December, 2021 IMF recently published a blog titled “Addressing Inflation Pressures Amid an Enduring Pandemic”, where Turkey … Continue ReadingIMF and the Economist deem Turkey highly vulnerable in 2022
Categories Finance HYPED Markets Central Bank intervenes 2nd time in currency market, market says “Not enough” Atilla YeşiladaPosted on3 December, 2021 Turkey’s lira edged near to its record low on Friday, triggering direct central bank intervention … Continue ReadingCentral Bank intervenes 2nd time in currency market, market says “Not enough”
Categories Economy General HIGHLIGHTS Markets Central bank intervenes Turkish lira following another sudden crash Güldem AtabayPosted on2 December, 2021 Turkey’s central bank to support the sinking lira, directly intervened the foreign-exchange markets for the … Continue ReadingCentral bank intervenes Turkish lira following another sudden crash
Categories Economy HIGHLIGHTS Markets The Aftermath of Currency Collapse: Sudden Stop Syndrome Atilla YeşiladaPosted on1 December, 2021 The Aftermath of Currency Collapse: Sudden Stop Syndrome President Erdogan’s mad experiment called … Continue ReadingThe Aftermath of Currency Collapse: Sudden Stop Syndrome
Categories Finance Markets Why is Turkey’s lira dropping?—Video Atilla YeşiladaPosted on29 November, 2021 Turkey is the only G20 country operating this unorthodox monetary stance’ Timothy Ash, … Continue ReadingWhy is Turkey’s lira dropping?—Video
Categories Emerging Markets Finance Markets Turkey may not be the only country facing a currency crisis, says investor Mark Mobius Atilla YeşiladaPosted on27 November, 2021 Turkey may not be the only country facing a currency crisis given the prospects of … Continue ReadingTurkey may not be the only country facing a currency crisis, says investor Mark Mobius
Categories Finance HYPED Markets CNBC: Turkey uncertainty leaves little appeal for investors, strategist says Atilla YeşiladaPosted on24 November, 2021 The unpredictability of Turkey’s fiscal and monetary policy means investors should stay away until normality … Continue ReadingCNBC: Turkey uncertainty leaves little appeal for investors, strategist says
Categories Economy General HIGHLIGHTS Markets Politics Central bank announcement aids little to TL Güldem AtabayPosted on23 November, 202123 November, 2021 Turkish President Erdogan met with central bank Governor Kavcioglu in the afternoon of the worst … Continue ReadingCentral bank announcement aids little to TL
Categories Emerging Markets HIGHLIGHTS Markets ING: CEEMEA FX Outlook 2022: Treating inflation with respect (TL outlook included) Atilla YeşiladaPosted on20 November, 2021 Currencies from Central and Eastern Europe, the Middle East and Africa will struggle in the … Continue ReadingING: CEEMEA FX Outlook 2022: Treating inflation with respect (TL outlook included)
Categories Finance HIGHLIGHTS Markets No end in sight for beleaguered Turkish Lira Atilla YeşiladaPosted on16 November, 2021 Turkey’s sickly currency TL, started the day (Tuesday) at 10.07-08 vs the USD, as rate … Continue ReadingNo end in sight for beleaguered Turkish Lira
Categories Company & Industry Markets Turkish motor vehicle production decreased 28% YoY in October Cem CetingucPosted on15 November, 2021 Automakers in Turkey produced 108,078 vehicles in October, including automobiles and commercial vehicles, according to … Continue ReadingTurkish motor vehicle production decreased 28% YoY in October
Categories Economy HIGHLIGHTS Markets Turkey’s construction cost inflation up 39.5 percent Güldem AtabayPosted on10 November, 2021 In September 2021, construction cost index (CCI) increased by 0.25% compared with previous month and … Continue ReadingTurkey’s construction cost inflation up 39.5 percent
Categories General HIGHLIGHTS Markets Rumors about Erdogan’s health stoke currency volatility Atilla YeşiladaPosted on3 November, 2021 Reuters confirms PATurkey monitoring social media chatter that Rumours spread on social media Tuesday night … Continue ReadingRumors about Erdogan’s health stoke currency volatility
Categories Business HIGHLIGHTS Markets Commerzbank: All hell breaks loose—for TL Atilla YeşiladaPosted on28 October, 2021 A silly Inflation Report, presented by governor Prof Sahap Kavcioglu who was visibly in pain … Continue ReadingCommerzbank: All hell breaks loose—for TL
