Categories Economy Finance General HIGHLIGHTS Macro Snapshot: Consumer Confidence Index, July 2022 Cem CetingucPosted on21 July, 2022 Consumer Confidence Index (CCI) recovered in July. CCI increased by 7.4% to 68 in July … Continue ReadingMacro Snapshot: Consumer Confidence Index, July 2022
Categories Business Finance HYPED Ali Riza Güngen: The Shifting Politics of Debt in Turkey Atilla YeşiladaPosted on14 July, 2022 When the first wave of the Covid-19 pandemic in 2020 triggered widespread economic hardship, Turkish … Continue ReadingAli Riza Güngen: The Shifting Politics of Debt in Turkey
Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS Video Commentary: Erdogan’s Lethal Economic Legacy Atilla YeşiladaPosted on31 May, 2022 100% inflation, $50 bn current account deficit, $181 bn foreign debt coming due. After … Continue ReadingVideo Commentary: Erdogan’s Lethal Economic Legacy
Categories Finance HIGHLIGHTS Markets Morgan Stanley: CBT Preview: Something’s Gotta Give Atilla YeşiladaPosted on26 May, 2022 We expect the CBT to stay on hold on May 26, but the need for … Continue ReadingMorgan Stanley: CBT Preview: Something’s Gotta Give
Categories Economy HIGHLIGHTS World Bank: Challenges Weigh on Outlook for Turkish Economy in 2022 Atilla YeşiladaPosted on23 March, 2022 Turkey’s economy is likely to expand at a much slower pace this year as rising … Continue ReadingWorld Bank: Challenges Weigh on Outlook for Turkish Economy in 2022
Categories Business Company & Industry General Markets Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector Cem CetingucPosted on2 March, 20222 March, 2022 After Russia’s declaration of war on Ukraine last week, the effects of the economic sanctions … Continue ReadingUkraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector
Categories Business HYPED Turkey hit from several fronts as Ukraine War escalates Atilla YeşiladaPosted on26 February, 2022 Under the din of jet fighter bombing civilian areas and a massive misdirection campaign staged … Continue ReadingTurkey hit from several fronts as Ukraine War escalates
Categories Economy HIGHLIGHTS Politics Erdogan’s economic miscalculations could spell the end of his political career Atilla YeşiladaPosted on15 February, 2022 Turkey’s economic crisis is eroding President Erdogan’s support. One and a half years before the … Continue ReadingErdogan’s economic miscalculations could spell the end of his political career
Categories Economy HIGHLIGHTS Markets S&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50% Atilla YeşiladaPosted on6 February, 2022 The Turkish lira continues to plummet, inflation in the country has skyrocketed to a 20-year … Continue ReadingS&P Global: Turkey’s macroeconomic trajectory remains uncertain, CPI to catapult over 50%
Categories Economy Finance HIGHLIGHTS Turkish Lira: Doomed to devaluation? Cem CetingucPosted on2 February, 2022 For investors in Turkey, December 2021 will go down as the month of the white-knuckle … Continue ReadingTurkish Lira: Doomed to devaluation?
Categories Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on1 February, 2022 In January, manufacturing CUR and construction confidence index decreased whereas real sector, service and retail … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Economy Ahval News: Turkish economic statistics paint mixed picture after lira’s crash Atilla YeşiladaPosted on26 January, 2022 Turkey’s central bank and statistics agency published data on Tuesday that painted a mixed picture … Continue ReadingAhval News: Turkish economic statistics paint mixed picture after lira’s crash
Categories Economy HIGHLIGHTS Reuters poll: Turkey’s inflation seen dropping to about 27% by end of 2022 Atilla YeşiladaPosted on20 January, 2022 Already rampant inflation in Turkey will rise further in the coming months before declining to … Continue ReadingReuters poll: Turkey’s inflation seen dropping to about 27% by end of 2022
Categories General HIGHLIGHTS Russell Napier: Turkey’s economic meltdown threatens stability of Europe Atilla YeşiladaPosted on22 December, 2021 It is time to think about Turkey — the country. It may be a faraway … Continue ReadingRussell Napier: Turkey’s economic meltdown threatens stability of Europe
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 World Bank Vice President warned Turkey against outcomes of the inflation trend Cem CetingucPosted on15 November, 202115 November, 2021 World Bank Vice President for Europe and Central Asia Anna Bjerde welcomed the positive growth of Turkey’s … Continue ReadingWorld Bank Vice President warned Turkey against outcomes of the inflation trend
Categories Economy HIGHLIGHTS Fitch praises Turkey’s resilience Atilla YeşiladaPosted on6 November, 2021 The Turkish economy has been successful in showing resilience against various shocks to continue expanding, … Continue ReadingFitch praises Turkey’s resilience
Categories Company & Industry Economy JP Morgan: CBRT speeds up monetary easing despite tricky fundamentals Cem CetingucPosted on24 October, 2021 The CBRT managed to surprise the markets yet again and cut its policy by 200bp … Continue ReadingJP Morgan: CBRT speeds up monetary easing despite tricky fundamentals
Categories Economy Erdogan Unorthodox Views on Economy Rattle Turkish Markets Cem CetingucPosted on21 October, 2021 Turkey’s President Recep Tayyip Erdogan doesn’t like it when the country’s banks charge people relatively … Continue ReadingErdogan Unorthodox Views on Economy Rattle Turkish Markets
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
