The Turkish Central Bank Raises Rates for the Fourth Consecutive Time
The Turkish Central Bank raised its policy rate for the fourth consecutive time in this week's meeting, to 30% in a 500 basis point...
top of page
Are ESG investment funds hurting the environment? (Solution: Cooperation)
ESG has been a very popular word in the business world in the last couple of years, as it should. ESG investing funds started as a result...
US Stocks Rattled Among Default Concerns
All three indices closed lower yesterday, amid fears of a US default. The Dow closed 1.01% lower, the S&P lost .64% and the Nasdaq...
Will Turkey Have a Full-Blown Financial Crisis?
As Erdogan seems to have prevailed over the opposition heading into the second round of the presidential election, the BIST saw massive...
What to expect from 2023 Elections and the stock markets in Turkey
Mr. Erdogan, for the first time in the last two decades, faced the Republican People’s Party as a strong opposition in the presidential...
How will the election result affect the value of the lira against the dollar?
The votes are currently being counted after the Turkish people headed to the polls today. Traders expect high volatility, even chaos. The...
FRC Earnings Report Grows Profitability Concerns
Monday’s First Republic Earnings Report showed that the bank had lost $100 billion in deposits, after the crisis sparked by the bank run...
What to Watch Out For From the Turkish Economy in 2023
2022 has been a challenging year both for Turkey and the Global Economy. Here are my expectations for the Turkish economy in 2023....
How the Ekrem Imamoglu Conviction May Affect The Stock Market
This Wednesday, Ekrem Imamoglu, the mayor of Istanbul was convicted of insult for calling Turkey’s supreme election council “fools” years...
US Stocks Extend Losing Streak to Close August 4.2% Lower, BIST up 19,3% in August
Since Jerome Powell stated the Fed would tighten the economy further to combat inflation, even at the cost of driving the US economy into...
Stocks Close Slightly Lower Due To Uncertainty, Oil Prices Shoot After OPEC+ Announcement
US Stocks closed slightly lower, after a rather quiet trading session on Tuesday. The S%P slid 0.2% Dow industrials lost 0.5% and Nasdaq...
US and Global Stocks End Mostly Higher, Led by Retail Earnings, Despite New Home Building Data
The Dow Jones Industrial Average added 0.7%, the S&P added 0.2% Tuesday, while Nasdaq Composite shed 0.2%. The increase was fueled by...
bottom of page