TURKEY: A rate hike and a narrow path ahead

Share on twitter
Share on whatsapp
Share on facebook
Share on linkedin
Share on email

Listen to our reports with a personalized podcasts through your Amazon Alexa or Apple devices audio translated into several languages

While a rate hike is in the pocket, a return to a more conventional and transparent economic policy is uncertain. As ever, President Tayyip Erdogan remains the key determining factor, else is choreography. Leaving aside Erdogan, the path ahead for Turkey is a long and narrow one, mainly due to Covid-19, the dire state of the economy and key institutions. Ankara’s belligerent foreign policy will remain a source of uncertainty. A rate hike by Turkey’s central bank (TCMB) at its 19 November meeting is a given. The entity of the rake hike will matter but there is a good cha
Register for FREE or log in to read the rest of this report.
Access to 10+ top independent research providers for an affordable flat rate
Flexible to your changing needs and markets.
Ideal for small/mid-sized hedge funds, family offices, private wealth managers, and corporates
Previous
Next

TURKEY: Son-in-law may go, Erdoeconomics stays

( 2 mins read ) It was a rather eventful and tumultuous weekend for Turkey’s economic management as it brought the firing of the central bank (TCMB) governor and the resignation of the finance minister. The former was dealt with

Read More »

GREECE: Further restrictions as Covid-19 cases soar

( 5 mins read ) Faced with a surge in infections, the government is expected to announce new restrictions on 30 October. Athens still intends to avoid a new national lockdown, preferring targeted local interventions and new stricter measures. The

Read More »

ITALY: Covid-19 rules

( 3 mins read ) The cabinet will meet today (27 October) in the afternoon to finalize a relief package for workers and businesses that will suffer due to the restrictions that came into effect yesterday. The package is expected

Read More »

ITALY: New Restrictions, Usual Policy Lethargy

( 3 mins read ) Earlier today (13 October), Prime Minister Giuseppe Conte issued a new decree imposing stricter anti-coronavirus restrictions, including bans on private parties and early closures for bars and restaurants. The new measures came after long negotiations

Read More »

ITALY: More of the same (and it’s not that good)

( 4 mins read ) The outcome of the regional elections was not disruptive for the ruling coalition.Yet, the government remains inherently ill-suited to address the country’s economic challenges, even with the help of EU money. The Lega-led center-right opposition

Read More »

ITALY: Regional elections – what to watch for

( 3 mins read ) Polls closed in Italy late on Sunday (20 September) in the first of two days of voting on a nationwide constitutional referendum and local elections. Voting continues today, with polling stations closing at 3pm local

Read More »

Follow our contributors on Twitter

While America's China watchers furrow their brows over whether the Communist Party wants to "export" its ideology abroad, this story reveals, as if it were a scandal, that a US company operating in China said, "We’re not here to promote American values." https://www.wsj.com/articles/airbnb-executive-resigned-last-year-over-chinese-request-for-more-data-sharing-11605896753

Episodio 30 de La Economia en 3 minutos. Esta semana corta vamos con "Los impustos mas locos del mundo". Desde el viento en Chubut a las tarjeta de Larreta a los 14 impuestos de Alberto, el ingenio argentino no tiene límite. Nos acompañan Beatles y Avicci

https://anchor.fm/andres109/episodes/Los-impuestos-ms-locos-del-mundo-emt2e2

Perú colocó US$ 4000 millones en bonos globales en dólares, incluyendo uno a 100 años:
-2032 ~1,90% (100 puntos básicos de spread).
-2060 ~2,80% (125 sobre el Bono del Tesoro 30).
-2121 ~3,25% (170 sobre el Bono del Tesoro 30).

”我们期待美方监管机构尽快与我方就具体方案开展磋商。“ China securities regulator re-ups calls for starting discussions with US to avoid delisting Chinese companies from US equity markets.

http://finance.people.com.cn/n1/2020/1121/c1004-31939276.html

This story contradicts widespread claims that companies in China cannot refuse government requests for data or that Chinese authorities simply seize the data they want without asking permission. https://www.wsj.com/articles/airbnb-executive-resigned-last-year-over-chinese-request-for-more-data-sharing-11605896753

Life imitates @Shteyngart, again.

https://amp.scmp.com/week-asia/lifestyle-culture/article/3110512/their-american-dream-sours-koreans-us-eye-return-home

Load More...