Categories General HIGHLIGHTS Markets Turkey Morning Bulletin: Market review, economy & politics Atilla YeşiladaPosted on12 October, 2021 MSCI Turkey outperformed the MSCI EM by 0.6% yesterday. BIST-100 gained 1.3%, closing at the … Continue ReadingTurkey Morning Bulletin: Market review, economy & politics
Categories Economy Finance HIGHLIGHTS World Bank: Turkish financial stability threatened by interest rate cuts Atilla YeşiladaPosted on8 October, 2021 Turkey is faced with possible financial instability after the central bank cut interest rates to … Continue ReadingWorld Bank: Turkish financial stability threatened by interest rate cuts
Categories Emerging Markets Finance HYPED Markets Currency view: MPC minutes highlight emphasis on transitory nature of inflation, weaker TL on the horizon Atilla YeşiladaPosted on5 October, 2021 CBT’s minutes from the September MPC meeting highlighted an attitude of dismissing recent inflation pressure … Continue ReadingCurrency view: MPC minutes highlight emphasis on transitory nature of inflation, weaker TL on the horizon
Categories Economy HIGHLIGHTS Reuters: Turkish central bank governor hints at rate cut, economists say Atilla YeşiladaPosted on3 September, 2021 Turkey’s central bank hinted on Wednesday it is nearing an interest rate cut during conference … Continue ReadingReuters: Turkish central bank governor hints at rate cut, economists say
Categories Economy General Is Turkish economy on the verge of a turning point? Cem CetingucPosted on18 August, 2021 Mustafa Kemal Ataturk liked to say “the villager is the master of the nation”. Two … Continue ReadingIs Turkish economy on the verge of a turning point?
Categories HIGHLIGHTS Markets Politics Erdogan does it again: Dollar/TL skyrockets to 8.61 Atilla YeşiladaPosted on2 June, 2021 President Tayyip Erdogan said late on Tuesday that Turkey needs to lower interest rates and … Continue ReadingErdogan does it again: Dollar/TL skyrockets to 8.61
Categories General Turkey avoided recession, however high inflation and Lira volatility remains Cem CetingucPosted on31 March, 2021 Relations with the EU and the US remain strained: President Erdogan won the June 2018 … Continue ReadingTurkey avoided recession, however high inflation and Lira volatility remains
Categories Economy Politics Erdogan starts a political earthquake in Turkey Cem CetingucPosted on29 March, 2021 Vijay Prashad, Ahmet Tonak Significant developments are underway in Turkey. Most ominously, the government of … Continue ReadingErdogan starts a political earthquake in Turkey
Categories General HIGHLIGHTS Politics Turkey’s gold rush: Is Ankara expecting US sanctions? Atilla YeşiladaPosted on21 July, 202021 July, 2020 Turkey scrambles for gold, overtaking Russia as top buyer Turkey has overtaken Russia as the … Continue ReadingTurkey’s gold rush: Is Ankara expecting US sanctions?
Categories Economy Finance HIGHLIGHTS JP Morgan rate call: Explicit reference to tighter policies needed to restore credibility Atilla YeşiladaPosted on20 July, 202020 July, 2020 In line with the Bloomberg consensus, we expect the CBRT to keep its key policy … Continue ReadingJP Morgan rate call: Explicit reference to tighter policies needed to restore credibility
Categories Politics JP Morgan: Finally a hawkish surprise from the CBRT Atilla YeşiladaPosted on27 June, 202029 June, 2020 After a long period of monetary easing, the CBRT finally delivered a hawkish surprise and … Continue ReadingJP Morgan: Finally a hawkish surprise from the CBRT
Categories Economy FT: Turkey looks to weather coronavirus crisis without IMF support Atilla YeşiladaPosted on27 May, 202029 May, 2020 Turkey’s battered finances have been shaken further by the coronavirus pandemic but President Recep Tayyip … Continue ReadingFT: Turkey looks to weather coronavirus crisis without IMF support
Categories Economy Is Turkey’s monetary easing over? Atilla YeşiladaPosted on25 May, 202029 May, 2020 Central Bank of Turkey delivered its ninth successive rate cut last week, reducing its key … Continue ReadingIs Turkey’s monetary easing over?
Categories Economy Inflation, Monetary Policy and Currency Crisis Editor P.A.Posted on21 May, 202023 May, 2020 Real Turkey Channel Video: Central Bank of Turkey cut interest rates by another 50 basis … Continue ReadingInflation, Monetary Policy and Currency Crisis
Categories Finance Central Bank to cut rates, bearish trend in currency to prevail Editor P.A.Posted on16 May, 202021 May, 2020 In its May meeting, Central Bank of Turkey (CBRT) is expected to cut its policy … Continue ReadingCentral Bank to cut rates, bearish trend in currency to prevail
Categories Finance Markets The Economist: Turkey’s defence of the lira has been unwise and ineffective Editor P.A.Posted on16 May, 202021 May, 2020 On a conference call on May 6th Turkey’s finance minister, Berat Albayrak, was solicitous and … Continue ReadingThe Economist: Turkey’s defence of the lira has been unwise and ineffective
Categories Economy Finance Brad Setser: Why Turkey is running out of FX? Editor P.A.Posted on6 May, 202021 May, 2020 (Cover chart: Central Bank net reserves) Turkey’s currency has suddenly toppled versus the dollar, falling … Continue ReadingBrad Setser: Why Turkey is running out of FX?
Categories Economy Turkish CB governor defends negative real rates Editor P.A.Posted on2 May, 202021 May, 2020 Turkish central bank Governor Murat Uysal is making clear he isn’t about to bend to … Continue ReadingTurkish CB governor defends negative real rates
