Turkey_Stock exchange_2606

There are many reports have been hovering around Turkey’s economic situation, whether before the failed coup or even after the coup. Many are saying that the economy is in a state of crisis. Yet, there are evident signs of stabilization. Crashing Currency One of the main things that everyone is talking about is the Turkish Lira, which lost ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Erdogan_turkish lira_1804

Image via World Economic Forum Amid the Easter celebrations on Sunday, investors were keeping a close watch on the unfolding events from Turkey as the nation went to polls on constitutional reforms. The event marked a turning point in the history of the country. President Recep Tayyip Erdogan's bid to push for constitutional reforms to give th...

2017-04-18 John Benjamin Read more
Erdogan_Turkish referendum_1304

Recep Tayyip Erdoğan, President of Turkey Focus Shifts Away from Europe & US While focus over the last year has mainly been on political events happening in Europe and America, there are important political events happening elsewhere that also require investor attention. One such event is the upcoming constitutional reform referendum b...

2017-04-13 James Harte Read more
CBRT_TRY_volatility

Pressure Builds On TRY The Turkish Lira (TRY) has been one of the worst-performing Emerging Market currencies over the last several months, even underperforming the Mexican Peso. Given the level of the decline, the market is increasingly expecting the Central Bank of the Republic of Turkey (CBRT) action, leading to a potential reversal in TRY d...

2017-01-24 James Harte Read more
TRY depreciation_1201

Significant TRY Depreciation The Turkish Lira has weakened dramatically over the last few weeks moving over 8% lower against the US Dollar over the last month. TRY has been deteriorating over the last few months, however, even by historical standards the recent moves are large and also concerning because they are occurring whilst: Domest...

2017-01-12 James Harte Read more
Uk inflation_BoE_2003

Positive Australia retail sales and trade balance data point to an increase in GDP while in the UK services PMI was also weaker indicating a slow start to Q2 economic activity in the country, weighed by Brexit concerns. Today’s Economic events Australia HIA new home sales m/m 8.90% vs. -5.30% Australia retail sales m/m 0.40% vs. 0.30% ...

2016-05-05 John Benjamin Read more