Categories Company & Industry Economy Deutsche Bank/TRY: carried away Cem CetingucPosted on7 September, 2021 Deutsche Bank closed its long position recommendation for dollar/TL, which it opened in May, after … Continue ReadingDeutsche Bank/TRY: carried away
Categories Economy HIGHLIGHTS Turkey: Headline CPI surprises to the upside; core remains more benign Cem CetingucPosted on7 September, 2021 For the second time in a row, headline surprised to the upside and core surprised … Continue ReadingTurkey: Headline CPI surprises to the upside; core remains more benign
Categories Economy HIGHLIGHTS Turkey’s new Medium-Term Economic Program promises miracles Atilla YeşiladaPosted on6 September, 2021 The Erdogan administration unveiled its three-year economic policy guidelines, which is the most important and … Continue ReadingTurkey’s new Medium-Term Economic Program promises miracles
Categories Economy HIGHLIGHTS Moody’s raises Turkey 2021 GDP forecast Atilla YeşiladaPosted on5 September, 2021 Turkey’s 20+% growth spurt in 2Q2021 and strong data from summer months, is leading global … Continue ReadingMoody’s raises Turkey 2021 GDP forecast
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 HYPED Gedik Invest: Revising our 2021 GDP growth estimate to 8.3% from 5.2% Atilla YeşiladaPosted on2 September, 2021 2Q21 GDP growth reaches 21.7%, in line with expectations TurkStat announced that 2Q21 GDP … Continue ReadingGedik Invest: Revising our 2021 GDP growth estimate to 8.3% from 5.2%
Categories General Turkey’s economy bounces back with record 21.7% growth in Q2 Cem CetingucPosted on1 September, 2021 Turkey’s economy rebounded powerfully in the second quarter to grow at a record pace after … Continue ReadingTurkey’s economy bounces back with record 21.7% growth in Q2
Categories Business Politics Africa’s newest pal: Turkey Cem CetingucPosted on27 August, 2021 An Olympic-size swimming pool in coastal Senegal. A military base in Somalia. And in arid … Continue ReadingAfrica’s newest pal: Turkey
Categories Economy General Macro Snapshot: Consumer Confidence Index, August 2021 Cem CetingucPosted on23 August, 2021 Consumer Confidence Index (CCI) decreased by 1.6% to 78.2 in August (July: 79.5). Despite there … Continue ReadingMacro Snapshot: Consumer Confidence Index, August 2021
Categories Economy Finance HIGHLIGHTS Strategist Tim Ash answers FAQ about Turkish economy & markets Atilla YeşiladaPosted on22 August, 2021 Question – the lira has outperformed other EM currencies in recent months, how do you … Continue ReadingStrategist Tim Ash answers FAQ about Turkish economy & markets
Categories Economy HIGHLIGHTS Turkey expects GDP growth in 2021 to soar to 7%…or is it 8% Atilla YeşiladaPosted on22 August, 2021 After posting 1.8% GDP growth amidst the pandemic, officials are upping 2022 growth estimates, while … Continue ReadingTurkey expects GDP growth in 2021 to soar to 7%…or is it 8%
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 Economy HIGHLIGHTS Turkish Economy: The Good, the Bad and the Ugly Atilla YeşiladaPosted on16 August, 2021 Turkish Economy: The Good, the Bad and the Ugly Turkish economy is staging … Continue ReadingTurkish Economy: The Good, the Bad and the Ugly
Categories Economy Finance Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2 Cem CetingucPosted on15 August, 202115 August, 2021 In June, IP increased by 2.3% MoM and 23.9% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, June 2021: IP figures indicate a strong growth in Q2
Categories Economy HIGHLIGHTS Inveo: Turkey’s current account deficit set to shrink through 2021 Atilla YeşiladaPosted on14 August, 202114 August, 2021 C/A deficit continues to trend down in June and is likely to do so going … Continue ReadingInveo: Turkey’s current account deficit set to shrink through 2021
Categories Business Company & Industry Economy Mevlut Çavuşoğlu on ASEAN Cem CetingucPosted on9 August, 20219 August, 2021 Asia, the cradle of some of the oldest civilizations, has again been gaining a pivotal … Continue ReadingMevlut Çavuşoğlu on ASEAN
Categories Economy General Macro Snapshot: CBRT Survey of Market Participants Cem CetingucPosted on6 August, 2021 MoM expectations were over the historical averages until October (2003-2019 Median – Aug.: +0.4% Sep.: … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants
Categories Economy HIGHLIGHTS Turkey’s Economy: Tons of Potential but, in the Middle of a Recession? Atilla YeşiladaPosted on6 August, 2021 Turkey, officially known as the Republic of Turkey, is a country located between the … Continue ReadingTurkey’s Economy: Tons of Potential but, in the Middle of a Recession?
Categories Economy HIGHLIGHTS JP Morgan Turkey: Strong fiscal performance goes unnoticed Atilla YeşiladaPosted on2 August, 20212 August, 2021 A progressive structural reform program, a prudent monetary policy framework and an ambitious fiscal consolidation … Continue ReadingJP Morgan Turkey: Strong fiscal performance goes unnoticed
Categories Economy HIGHLIGHTS Holiday spending spells relief for the economy Atilla YeşiladaPosted on31 July, 2021 Turkey’s anemic economy received a shot in the arm thanks to a 9-day Eid al … Continue ReadingHoliday spending spells relief for the economy
