Categories Business HIGHLIGHTS A journalist’s impression from Mehmet Simsek investor get-together Atilla YeşiladaPosted on21 September, 2023
Categories Business General HIGHLIGHTS Simsek’s investor meeting drew large crowds, but were there any buyers? Atilla YeşiladaPosted on21 September, 2023
Categories Atilla Yeşilada Finance HIGHLIGHTS ANALSIS: CBRT’s 500 basis point rate hike signals a brand new monetary regime Atilla YeşiladaPosted on21 September, 202321 September, 2023
Categories General HIGHLIGHTS Erdogan finally meets Netanyahu, but no details on NG pipeline Atilla YeşiladaPosted on20 September, 2023
FDD/Sinan Ciddi: Erdoğan’s Transactional Foreign Policy Should be Repaid in Kind Turkey’s President Recep Tayyip Erdoğan is in New York this week for the UN General … Continue ReadingFDD/Sinan Ciddi: Erdoğan’s Transactional Foreign Policy Should be Repaid in Kind
Categories Business Financial Times: Central bank policy zigzags leave Turkey’s small businesses struggling Atilla YeşiladaPosted on1 April, 2021 THIS ONLY AN EXCERPT, republished because it has new value for Turkey After … Continue ReadingFinancial Times: Central bank policy zigzags leave Turkey’s small businesses struggling
Categories Economy CB governor to be tested on Monday Atilla YeşiladaPosted on1 April, 2021 TL firmed on Thursday, thanks to extremely strong March export figures, which helped the monthly … Continue ReadingCB governor to be tested on Monday
Categories Economy HIGHLIGHTS Markets BREAKING: TL soars on promises by Central Bank Governor Atilla YeşiladaPosted on1 April, 2021 Dollar/TL currently trading at 8.13, having gained %1.42 for the day. Business Recorder reports … Continue ReadingBREAKING: TL soars on promises by Central Bank Governor
Categories Economy HIGHLIGHTS BloombergHT Consumer Confidence Survey: March reflects strong drop Güldem AtabayPosted on1 April, 2021 Bloomberg HT Consumer Confidence Index decreased by 5.69 percent compared to the final index of … Continue ReadingBloombergHT Consumer Confidence Survey: March reflects strong drop
Categories Economy HIGHLIGHTS March PMI stronger; beware of the brewing inflation forces Güldem AtabayPosted on1 April, 2021 The latest PMI® survey data from Istanbul Chamber of Industry and IHS Markit showed the … Continue ReadingMarch PMI stronger; beware of the brewing inflation forces
Categories HIGHLIGHTS Markets Video Commentary: Turkey on the Verge of Currency Crisis Atilla YeşiladaPosted on31 March, 2021 Turkey on the verge of a currency crisis President Erdogan’s one-man, no-clue governance … Continue ReadingVideo Commentary: Turkey on the Verge of Currency Crisis
Categories Economy HIGHLIGHTS Truth will out: Reuters – Why an irked Erdogan fired Turkey’s central bank chief Güldem AtabayPosted on31 March, 2021 Politics drove Turkish President Tayyip Erdogan’s sacking of central bank chief Naci Agbal after just … Continue ReadingTruth will out: Reuters – Why an irked Erdogan fired Turkey’s central bank chief
Categories Economy HIGHLIGHTS Bloomberg Economics: Slower Growth, Higher Inflation, Weaker Lira Atilla YeşiladaPosted on31 March, 2021 After Goldman Sachs, Bloomberg Economics, too, revised its Turkey 2021 forecasts. Bloomberg expects higher inflation … Continue ReadingBloomberg Economics: Slower Growth, Higher Inflation, Weaker Lira
Categories Emerging Markets Wells Fargo: Emerging markets flipping to tightening Atilla YeşiladaPosted on31 March, 2021 Over the past few weeks, multiple central banks within the emerging markets have started the … Continue ReadingWells Fargo: Emerging markets flipping to tightening
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 HIGHLIGHTS Turkey’s foreign trade deficit grows in February Güldem AtabayPosted on31 March, 2021 In February Turkey’s exports posted 9.6% yoy growth reaching USD 16.0bn as imports also grew … Continue ReadingTurkey’s foreign trade deficit grows in February
Categories Economy HIGHLIGHTS Turkey Economic Confidence Index rose to 98.9 in March Güldem AtabayPosted on31 March, 2021 Turkey’s Economic Confidence Index rose by 3.3% in March from 95.8 in February to 98.9 … Continue ReadingTurkey Economic Confidence Index rose to 98.9 in March
Categories Business Politics Turkey to complain to WTO over informal Saudi boycott Cem CetingucPosted on31 March, 202131 March, 2021 Turkey is to take the semiofficial boycott by Saudi Arabia on made-in-Turkey goods to the … Continue ReadingTurkey to complain to WTO over informal Saudi boycott
Categories General AK Party shaken by “powdered sugar” scandal Atilla YeşiladaPosted on31 March, 2021 If you are worried AK Party is “Islamizing” Turkey, don’t. It is the amenities of … Continue ReadingAK Party shaken by “powdered sugar” scandal
Categories Economy HIGHLIGHTS Turkey: Lira shock leads to lower GDP forecast Atilla YeşiladaPosted on31 March, 2021 The lira pared its seventh day of declines as Turkey’s new central bank governor Sahap … Continue ReadingTurkey: Lira shock leads to lower GDP forecast
Categories Economy General Reuters: ‘We will not be able to pay our bills’: Turks set to lose a COVID-19 income support Atilla YeşiladaPosted on31 March, 2021 Amidst the confusion and loss of economic confidence caused by the swift slide of the … Continue ReadingReuters: ‘We will not be able to pay our bills’: Turks set to lose a COVID-19 income support
Categories Economy HIGHLIGHTS Central Bank’s new Governor Kavcioglu promises positive real yield Güldem AtabayPosted on30 March, 2021 Turkey’s new Central Bank Governor Sahap Kavcioglu said current elevated levels of inflation require tight … Continue ReadingCentral Bank’s new Governor Kavcioglu promises positive real yield
Categories Company & Industry THY: Strong positioning, geared to leisure travel recovery; reiterate Buy Cem CetingucPosted on30 March, 2021 We revise our estimates for Turkish Airlines (THY). Reflecting more upbeat expectations from management post … Continue ReadingTHY: Strong positioning, geared to leisure travel recovery; reiterate Buy
Categories Business Company & Industry Company Outlook | Mavi: Emerging stronger Cem CetingucPosted on30 March, 202130 March, 2021 Managing inventories, preserving margins: Despite a c26% drop in retail revenues in FY21 and an … Continue ReadingCompany Outlook | Mavi: Emerging stronger
Categories Economy HIGHLIGHTS Another midnight presidential decree, another round of TL weakness Güldem AtabayPosted on30 March, 2021 Turkey’s President Erdoğan sacked the Central Bank Deputy Governor Murat Cetinkaya in a midnight presidential decree … Continue ReadingAnother midnight presidential decree, another round of TL weakness
