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
Categories Business General HIGHLIGHTS Markets Turkey ranks 7th worldwide in health tourism with $2.3B revenue in 2023 Cem CetingucPosted on13 April, 2024 Türkiye has emerged as a prominent destination for medical tourists, ranking seventh worldwide in health … Continue ReadingTurkey ranks 7th worldwide in health tourism with $2.3B revenue in 2023
Categories Company & Industry HIGHLIGHTS Markets HSBC Research is overweight in Turkish equities Atilla YeşiladaPosted on30 March, 2024 Turkish equities have performed strongly y-t-d, and indeed since Mehmet Simsek was reappointed as Finance … Continue ReadingHSBC Research is overweight in Turkish equities
Categories Business HIGHLIGHTS Markets Politics Türkiye, GCC sign deal for FTA negotiations Cem CetingucPosted on22 March, 202422 March, 2024 Turkey and the Gulf Cooperation Council (GCC) have signed a deal to launch negotiations for … Continue ReadingTürkiye, GCC sign deal for FTA negotiations
Categories Finance HIGHLIGHTS Markets TURKEY rate hike: What did fund managers say? Atilla YeşiladaPosted on22 March, 2024 Turkey’s central bank has unexpectedly raised its key interest rate as the country continues to … Continue ReadingTURKEY rate hike: What did fund managers say?
Categories Company & Industry Economy Finance HIGHLIGHTS Markets TEPAV: Rate hike should be 500 bps as two main problems emphasized Güldem AtabayPosted on19 March, 202419 March, 2024 In its ‘Monetary Policy Assessment Note’, TEPAV emphasized that the policy rate should be raised … Continue ReadingTEPAV: Rate hike should be 500 bps as two main problems emphasized
Categories Economy HIGHLIGHTS Markets Report: Iran’s Economy Lags Behind Regional Rivals for 50 Years Cem CetingucPosted on15 March, 2024 Iran’s economy has significantly fallen behind its regional competitors over the past half-century, according to … Continue ReadingReport: Iran’s Economy Lags Behind Regional Rivals for 50 Years
Categories Finance HIGHLIGHTS Markets Cyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage Atilla YeşiladaPosted on14 March, 2024 Turkish financial markets ended yesterday with an unpleasant tone. At first you may think that … Continue ReadingCyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage
Categories Business Economy HIGHLIGHTS Markets UK-Turkey talks start for “modernized trade deal” Cem CetingucPosted on14 March, 202414 March, 2024 The UK today launches talks with Turkey on a new, modernised trade deal targeting the … Continue ReadingUK-Turkey talks start for “modernized trade deal”
Categories Company & Industry HIGHLIGHTS Markets HSBC Turkish aviation report: Still refreshing Atilla YeşiladaPosted on9 March, 2024 Still attractive despite normalisation trends Prospects for the 2024 tourism season are positive; travel agencies … Continue ReadingHSBC Turkish aviation report: Still refreshing
Categories Economy HIGHLIGHTS Markets Turkey seeks foreign investments for economic boost Cem CetingucPosted on4 March, 2024 Grappling with economic woes unseen in decades, Türkiye is seeking to shore up foreign investments … Continue ReadingTurkey seeks foreign investments for economic boost
Categories HIGHLIGHTS Markets Metropoll Istanbul survey: Incumbent Imamoglu leads AKP/Kurum Atilla YeşiladaPosted on3 March, 2024 According to MetroPOLL Research February survey, Ekrem İmamoğlu is three points ahead of Murat Kurum … Continue ReadingMetropoll Istanbul survey: Incumbent Imamoglu leads AKP/Kurum
Categories Finance HIGHLIGHTS Markets Turkey’s excess lira liquidity almost gone, open market funding seen possible Güldem AtabayPosted on29 February, 2024 Bankers suggest that the rapid decline in excess lira liquidity within Turkey’s banking system, attributed … Continue ReadingTurkey’s excess lira liquidity almost gone, open market funding seen possible