CBRT: No rate hike with a “hawkish” perspective

The Central Bank suspended the interest rate hikes at the 3rd MPC meeting after the period when it adopted the Orthodox monetary policy perspective, but gave important messages to the markets with the emphasis it made on the fight against inflation. ... Devamı

ECB is not expected to act or change policy stance

At the December 2020 meeting, the European Central Bank increased the total amount of bond purchases by extending the Pandemic Emergency Purchase Program (PEPP) and extended the cheap and long-term financing opportunities provided to banks through TLTROs. ... Devamı

CBRT: No rate hike expectation, emphasis on tight moetary policy to continue

After Mr. Naci Ağbal took office, Central Bank switched to the Orthodox monetary policy and increased the policy interest rate. ... Devamı

Yellen emphasizes the value of USD should be determined by the market

Janet Yellen, the former Fed Chair and who will be the Treasury Secretary of the Biden administration, focused on fiscal incentives, the value of the USD and the market approach at this point, as expected in her mandate in the Senate. ... Devamı

WHO hopes to deliver vaccines to poor countries.

World Health Organizations is in talks with Pfizer, to have access to the vaccine to give to poor countries who cannot afford to purchase the vaccine. ... Devamı

Africa: Uganda intense elections

Yoweni Museveni (74) 34 years long presidency has once again come under threat as rival Bobi Wine (38) seems to be popular amongst young voters. ... Devamı

Italy tops one million vaccinated people

More than one million people have been vaccinated in Italy as of Friday, becoming the first country to surpass million vaccinated individuals as administrated by the EU. ... Devamı

CBRT Expectations Survey: The inflation expectation for 2021 at 11.15%

In the CBRT January Expectations Survey, market participants' current year-end inflation expectation was 14.18%. ... Devamı

Biden and Powell speeches

Biden's speech, which is expected to give details of the financial stimulus package tonight, will be important. ... Devamı

December inflation data in the USA

In the USA, headline CPI increased by 0.4% on a monthly basis, while it increased 1.4% on an annual basis in December. (Tera Yatırım) ... Devamı

Turkey: Industrial production increases above expectations in November

According to calendar adjusted data, Turkey’s industrial production in November increased by 11% compared to the same month of the previous year; Seasonal and calendar adjusted industrial production increased by 0.5% compared to the previous month.(Tera Yatırım) ... Devamı

TKYD and IFC cooperation

TKYD and IFC signed a cooperation agreement to contribute the improvement of environmental, social and governance (ESG) practices. ... Devamı

A Turkish man to conquer global entertainment industry: Sinan Siner

From the world’s most famous athletes to superstars of the global entertainment scene: The Sin Management & Booking founder Sinan Siner continues to conquer the entertainment industry with collaborations and upcoming projects. ... Devamı

Turkey: Unemployment rate steady at 12.7% in October

In October, the unemployment rate in Turkey was realized as 12.7% compared to the same month last year’s 13.4%, with a decrease of 0.7 points. ... Devamı

Turkey: Current account deficit widens with the increasing trade deficit in November

In November, the current account balance in Turkey, gave USD 4.06 billion deficit. While the monthly current account deficit was realized slightly above the market expectations of 3.56 billion USD, it increased from 15 million USD in the same period of the previous year. ... Devamı

Queen Elizabeth and The Duke of Edinburgh get vaccinated

Buckingham Palace spokesperson has made a statement that Queen Elizabeth (94) and the Duke of Edinburgh (99) have both received the Covid-19 vaccine on the 09th of January 2021. The vaccination was administered by the household doctor at Windsor Castle. ... Devamı

US: Employment contracts due to virus cases

While non-farm payrolls in the USA, which is expected to increase by 50K, decreased by 140K in December, the unemployment rate remained unchanged at 6.7%.(Tera Yatırım) ... Devamı

US: Employment market adversely affected by Covid cases and shutdowns

Although overall correlations were poor, negative ADP lowered expectations for December NFP data. The ADP showed that the private sector reduced 123K job positions in December. (Tera Yatırım) ... Devamı

Senate Georgia election, Blue Wave and bi-directional market effect

The Georgia Senate elections, in which 2 Republican and 2 Democratic candidates compete, are still running head to head. (Tera Yatırım) ... Devamı

Turkey’s foreign trade deficit at 4.57 billion USD in December

According to the leading December foreign trade data announced by the Ministry of Commerce within the scope of GTS (general trade system); Compared to the same month of the previous year, exports increased by 15.97% to 17.84 billion USD, while imports increased by 11.75% to 22.41 billion USD in the same period. In this context, the foreign trade deficit decreased by 2.17% in December to 4.57 billion USD. ... Devamı

Georgia elections and Biden's transition to the office

While the uncertainty of 600 USD - 2000 USD continues in the USA, the weak USD theme is still active. ... Devamı

Turkey PMI: Industry growth slows down with Covid restrictions

According to the data announced by the Istanbul Chamber of Industry (ISO) and IHS Markit; Manufacturing PMI declined from 51.4 to 50.8 in December. ... Devamı

Turkey: Inflation outlook risks continue to slope upwards

Turkey’s consumer prices showed an increase of 1.25% in December, while annual inflation was realized as 14.6%. ... Devamı

Foreign trade deficit widens in November with increasing gold imports

According to the GTS (General Trade System) foreign trade data of November, which was announced by TURKSTAT in cooperation with the Ministry of Trade; Turkey's exports in November 2020 decreased by 0.9% compared to the same period of the previous year to USD 16.09 billion, while imports increased by 15.9% in the same period amounted to 21.13 billion USD. ... Devamı

Turkey: 2020 year-end inflation awaits

We will start the new year with the December inflation rate, which will be announced on Monday, January 4th. (Tera Yatırım) ... Devamı

Turkey has proved its weight in the global economy

Turkey has proved its weight in the global economy with its agreement with the UK ... Devamı

Economic confidence declines in December due to Covid cases and restrictions

Turkey’s economic confidence index fell to 86.4 in December. The fall in the index; resulted from decreases in service, retail trade and construction sector confidence indices. (Tera Yatırım) ... Devamı

Turkey: The effects of the minimum wage increase on the economy

The minimum wage in Turkey for 2021 is 2825.90 TRY. ... Devamı

Bladder cancer clinical trial benefits

There are more than 81,000 new cases of bladder cancer each year. Most diagnoses occur after the age of 55 and the average age at diagnosis is 73. ... Devamı

Non-Hodgkin’s lymphoma clinical trials

For non-Hodgkin’s lymphoma patients looking for treatment options, clinical trials may have possible alternative treatments for you. ... Devamı

Prostate cancer clinical trials

There are nearly 200,000 cases of prostate cancer every year. The most common treatment for prostate cancer is surgery in the early stages. ... Devamı

Growth continues in the real sector confidence index

In the real sector confidence index data for December announced by the Central Bank, it is seen that the effects of the increase continue compared to the previous month. ... Devamı

CBRT matches the TRY swap rate to the policy rate after MPC

Following the MPC decision, the Central Bank raised the policy rate by 200 basis points; TRY interest rate used in USDTRY swap auctions increased from 15% to 17%. (Tera Yatırım) ... Devamı

Strong tightening against inflation from the CBRT

Central Bank, under the administration new President Mr. Naci Ağbal, made a strong tightening against inflation at the 24 December meeting by advancing new policy implementations in the new era. ... Devamı

CBRT: The necessity of tightening for the fight against inflation and for hot money inflow

In the first MPC held after the new head of the Central Bank, Mr. Naci Ağbal's appointment, he simplified the monetary policy with the interest rate increase on paper and directed all funding to the "1-week repo interest" instrument.(Tera Yatırım) ... Devamı

CBRT Expectations Survey: Year-end inflation expectation at 14.18%

In the CBRT December Expectations Survey, market participants' current year-end inflation expectation was 14.18%. ... Devamı

BRSA reduces the number of installments for credit card purchases

The BRSA reduced the number of installments for some products in credit card purchases in order to "contribute to financial stability and reduce the current account deficit".(Tera Yatırım) ... Devamı

Clinical trials for gastrointestinal stromal tumor (GIST)

Soft tissue sarcomas located in the digestive system are referred to as Gastrointestinal stromal tumors (GIST). ... Devamı

Genomic testing benefits for cancer patients

Genomic testing is used to find an individual’s risk of developing cancer based on their inherited gene mutations. ... Devamı

Abnormal blood cell production in myelofibrosis

Myelofibrosis is a rare bone marrow cancer that belongs to a group of blood cancers called Myeloproliferative neoplasms (MPNs). ... Devamı

Fed chooses to remain calm, gives "verbal guidance”

No regulations regarding asset purchases have been issued for the time being after the Fed's two-day meeting. ... Devamı

CBRT builts confidence for tight policy and reserve management

We can say that the CBRT has built confidence in two important points in the video conference "Exchange and Monetary Policy in 2021". ... Devamı

Fed to evalute two options in the FOMC meeting, forward guidance more likely to come

In the US, the FOMC is meeting for the first time since the Presidential elections and encouraging news about vaccines. ... Devamı

Expectations for the CBRT's wide-term policy stance

Investors' attention will be on the “CBRT Exchange and Monetary Policy in 2021” presentation that will be announced tomorrow. CBRT President Mr. Naci Ağbal will make a presentation in the online conference, where investors will try to get an idea of ​​the CBRT's policy stance in the broad term and to understand whether the Bank will increase the interest rates even more. Following the unexpectedly high November CPI data, the necessity of the Central Bank to raise the interest rates on December 24, which is the closest MPC, and whether it will do so is currently the main issue. ... Devamı

Turkey: The budget has a surplus in November after two months of deficit

According to the November budget data announced by the Ministry of Treasury and Finance; The budget balance, which had a deficit of 4.9 billion TRY in October 2020, gave a surplus of 13.4 billion TRY in November 2020. ... Devamı

Turkey: Industrial production continues its strong upward trend

According to calendar adjusted data, Turkey’s industrial production in October increased by 10.2% compared to the same month of the previous year; Seasonal and calendar adjusted industrial production increased by 1.1% compared to the previous month. ... Devamı

Turkey: The current account balance gives a deficit for 11 consecutive months in October

In October, the current account balance in Turkey, gave USD 273 million deficit. ... Devamı

US macro data flow: November inflation and jobless claims

In the USA, headline CPI increased by 0.2% on a monthly basis and increased by 1.2% on an annual basis in November. (Tera Yatırım) ... Devamı

ECB extends pandemic incentives through PEPP and TLTRO

As expected, the European Central Bank increased the total amount of bond purchases by extending the Pandemic Emergency Purchase Programme (PEPP) and extended the cheap and long-term financing opportunities provided to banks through TLTROs. (Tera Yatırım) ... Devamı

Turkey: Unemployment rate drops to 12.7% in September

In September, the unemployment rate in Turkey was realized as 12.7% compared to the same month last year’s 13.8%, with a decrease of 1.1 points.(Tera Yatırım) ... Devamı

ECB is expected to announce new asset purchase measures

The mood before the ECB meeting on December 10 suggests that monetary incentives could be increased in an environment where the economy slowed down due to the second wave of infection and shutdown measures. (Tera Yatırım) ... Devamı

Erdogan reacts racism

Turkish President Recep Tayyip Erdogan said on his social media account that he "strongly condemns racism” and believes that “UEFA will take the necessary steps." ... Devamı

90 years old woman: The first Briton to get the Covid-19 vaccine

Margaret Keenan, a 90-year-old woman from the UK is the first person in Britain to receive the clinically approved Pfizer-BioNTech Covid -19 vaccine. ... Devamı

BRSA extends the measures to support banks until the end of June

The BRSA announced that it has extended the previous measures to support banks during the epidemic until the end of June 2021. (Tera Yatırım) ... Devamı

ICI Turkey export climate index

A second wave of the coronavirus disease 2019 (COVID-19) pandemic in Europe harmed prospects for Turkish manufacturing exporters during November, and outweighed the positive impact of improving growth in the US. ... Devamı

Mantle cell lymphoma clinical trials

Mantle Cell Lymphoma (MCL) is most commonly an aggressive and rare form of non-Hodgkin lymphoma (NHL) that occurs in the cells of the mantle zone. ... Devamı

Cancer clinical trial matching

Clinical trials are essential in researching and studying the safety and efficiency of cancer treatments. ... Devamı

Childhood cancer

It is estimated in the U.S. that there will be about 11,050 new cases of childhood cancer being diagnosed in 2020 alone. ... Devamı

Cancer second opinion

Tumor boards are known and recognized as an essential aspect of cancer care. ... Devamı

Breast cancer Clinical Trials

Breast cancer is a type of cancer where cells in the breast grow uncontrollably. ... Devamı

B-cell lymphoma clinical trials

B-cell lymphoma is a type of cancer that occurs in the white blood cells, which are also known as lymphocytes. ... Devamı

Acute myeloid leukemia clinical trials

Acute Myeloid Leukemia (AML) is a type of bone marrow and blood cancer that progresses very quickly when left untreated. ... Devamı

Bone marrow cancer clinical trials

There are fewer than 200,000 cases of bone marrow cancer in the United States each year. ... Devamı

Marginal zone lymphoma treatments

Lymphoma begins developing in the lymphocytes, which are cells that fight infections within the immune system. ... Devamı

Myelofibrosis treatments from clinical trials

Myelofibrosis is a rare form of bone marrow cancer that effects the body’s production of blood cells. ... Devamı

Expectations from the US payrolls report, fiscal expansion issue

Following the report, which pointed to a 638 thousand employment increase in October in the USA, an increase of 475 thousand people is expected in the November non-farm payrolls report to be announced tomorrow. (Tera Yatırım) ... Devamı

Turkey: We expect to see the effect of exchange rate increases on final prices in November inflation

November inflation data, which stands out as the most important macroeconomic explanation of the week, is coming tomorrow. (Tera Yatırım) ... Devamı

Turkey’s foreign trade deficit at 5.07 billion USD in November

According to the leading November foreign trade data announced by the Ministry of Trade within the scope of GTS (general trade system); Compared to the same month of the previous year, exports decreased by 0.95% to 16.09 billion USD, while imports increased by 16.07% to 21.16 billion USD in the same period. In this context, the foreign trade deficit increased by 155.37% in the November period, reaching 5.07 billion USD. ... Devamı

Turkey PMI: Industry growth is at its slowest momentum since June

According to the data announced by the Istanbul Chamber of Industry (ISO) and IHS Markit; Manufacturing PMI declined from 53.9 to 51.4 in November. (Tera Yatırım) ... Devamı

Turkey's economy expands in 3Q20 above forecasts

Turkey's economy, recorded 6.7% growth in 3Q20 period compared to the same period last year and showed a numerical speed recovery from the 2Q20 period in which the economy contracted by %9,9. The median expectation in the market was 4.8% growth.(Tera Yatırım) ... Devamı

Foreign trade balance posts a deficit of 2.37 billion USD with gold imports in October

According to the October GTS (General Trade System) foreign trade data announced by TURKSTAT in cooperation with the Ministry of Trade; Turkey's exports increased by 5.6% in October 2020 compared to the same period of the previous year to 17.33 billion USD, while imports increased by 8.4% in the same period to 19.70 billion USD. ... Devamı

BRSA eases the limits for placement, repo, deposit and loan transactions with abroad

A new normalization move has come from the BRSA as of today. (Tera Yatırım) ... Devamı

The strong recovery impact in 3Q20 on Turkey's economy

Although the leading indicators have already taken the picture of 3Q20, the GDP growth within the important macro data flow of the next week will be monitored in terms of projections to be formed for the whole year. (Tera Yatırım) ... Devamı

Fed’s signals of "QE adjustment" increases amid economic oulook and fiscal package

The summary of the Fed meeting earlier this month revealed that U.S. central bank officials are discussing ways to transfer more money to the economy still recovering from the coronavirus outbreak. In an environment where the political power is changing in the USA, the possibility of delay in the fiscal stimulus package increases the possibility that the Fed may take action or verbal guidance regarding the nature of the bond purchases in the next meeting. ... Devamı

US: GDP, jobless claims and durable goods data set

Reflecting the past 3Q20 period, the GDP growth, which does not contain much new information for the current period, was confirmed at the level of 33.1% as in the previous reading. (Tera Yatırım) ... Devamı

BRSA abolishes the asset ratio rule

The BRSA has taken the expected step, and abolished the asset ratio criterion, which was introduced to provide credit growth for banks. According to the BRSA statement, the asset ratio will be canceled by the end of the year. In order to meet the asset ratio criterion and not to be subject for a penalty, banks tended to lend more as the easiest way to achieve the ratio and, accordingly, were forced to ease the risk criteria for lending. ... Devamı

Colorectal Clinical Trials

There are colorectal clinical trials that are available for enrollment ... Devamı

Pancreatic Cancer Clinical Trials

There are pancreatic cancer clinical trials that are available for enrollment ... Devamı

CBRT adjusts the TRY swap rate to the policy rate again

Following the policy decision, which the Central Bank raised the policy rate by 475 basis points and established it as the sole funding instrument; TRY interest rate used in USDTRY swap auctions increased from 13.25% to 15%. (Tera Yatırım) ... Devamı

CBRT announces the practical application of 1-week repo rate simplification

In order to simplify the operational framework of the monetary policy, starting from 20 November 2020, the funding currently provided by the Central Bank via traditional method repo auctions with one month maturity and late liquidity window facilities will instead be provided via quantity repo auctions with one-week maturity, which constitute the principal monetary policy tool of the Central Bank. ... Devamı

CBRT passes the first test, policies to be more predictable with simplification

its first meeting under the management of the new Governor Mr. Naci Ağbal, in line with the expectations of the financial markets, Central Bank, raised the policy rate by 475 basis points to 15%. In addition to the increase in the policy rate, a simplification was also realized, establishing the “1-week repo rate” as the main policy tool. ... Devamı

Expectations from the critical CBRT meeting

Following the changes in the economy team and the Central Bank, and the "new era in the economy" and "reform" messages given to the market, eyes have turned to the MPC meeting to be held tomorrow by the Central Bank. (Tera Yatırım) ... Devamı

Turkey: The budget deficit decreases in October with the support of tax income

According to the October budget data announced by the Ministry of Treasury and Finance; The budget balance, which had a deficit of 29.7 billion TRY in September 2020, had a deficit of 4.9 billion TRY in October 2020. The budget had a deficit of 14.9 billion TRY in the same period last year. (Tera Yatırım) ... Devamı

Turkey: Industrial production increases by 8.1% annually in September

According to calendar adjusted data, Turkey’s industrial production in September increased by 8.1% compared to the same month of the previous year; Seasonal and calendar adjusted industrial production, on the other hand, increased by 1.7% compared to the previous month. ... Devamı

US October inflation, the effects of vaccine and financial incentives

In the US, headline CPI remained unchanged on a monthly basis, but increased by 1.2% on an annual basis. ... Devamı

BRSA eases swap limits for Turkish banks .

As a continuation of the recent normalization steps taken, the BRSA stretched the limits previously imposed on the total amount of foreign currency swap, forward, option and other similar derivative transactions of banks with non-residents. The banks' limit to sell TRY (as a ratio to equity) increased; ... Devamı

Turkey: Unemployment rate remains low due to the narrow definition.

In August, the unemployment rate in Turkey was realized as 13.2% compared to the same month last year’s 14%, with a decrease of 0.8 points. (Tera Yatırım) ... Devamı

There are lymphoma clinical trials that are available for enrollment

Lymphoma Clinical Trials can be an option for treatment of lymphoma patients. ... Devamı

News of change in Turkey’s economy administration and monetary policy management

In terms of economy administration; It is important whether Mr. Albayrak's resignation will be official or not, and if so, who will replace him. (Tera Yatırım) ... Devamı

USA: Payrolls increased by 580 thousand, unemployment decreased to 6.9%

While payrolls in the USA increased by 580 thousand, which is expected to increase by 661 thousand in October, the unemployment which was expected to decrease to 7.7% decreased to 6.9%. (Tera Yatırım) ... Devamı

Fed might act in December meeting, is fiscal stimulus is delayed

The FOMC meeting held in the shadow of the presidential elections did not create much noise as it did not contain much change in the policy statement. (Tera Yatırım) ... Devamı

Payrolls report, Biden and lame duck issue, Fed QE-inflation relationship

Following the report that pointed to an increase in payrolls of 661 thousand in the USA in September, an increase of 600 thousand people is expected in the October non-farm payrolls report, which will be announced tomorrow. (Tera Yatırım) ... Devamı

Fed meeting in the shadow of uncertainties

The Fed will announce the decisions of the November FOMC meeting tomorrow. It is unlikely that the Fed will take any steps or change its orientation at this meeting, as the process of the US elections is ongoing, where the political structure is not clear, and will probably not be clear by the end of the week. ... Devamı

US Presidential Election overview: Chaotic election

Current status; While Biden has 238 delegates who have been finalized, Trump has so far secured 213 delegates, from the states whose count has ended. (Tera Yatırım) ... Devamı

Cost pressure on Turkish inflation increases due to exchange rate

Turkey’s consumer prices increased by 2.13% in October, while annual inflation was realized as 11.89%. Our expectation was 2.10% monthly and 11.90% annually, and the economists who participated in the Bloomberg survey expected an inflation rate of 2.15% on a monthly basis and 11.97% annually. Incoming data are in line with expectations… We observe that the effect of the exchange rate increase on October inflation rates has a more meaningful reflection. ... Devamı

CBRT increases the TRY swap rate from 11.75% to 13.25%

entral Bank of the Republic of Turkey, raised the TRY swap rate which is used in the weekly swap transactions to 13.25% from 11.75%. CBRT had increased the swap rate from 10.25% to 11.75% on October 9. ... Devamı

Cervical Cancer Clinical Trials

If you are looking for new treatment options for cervical cancer, cervical cancer clinical trials may be a great option for you. ... Devamı

Turkey’s foreign trade deficit at 2.40 billion USD in October

According to the leading October foreign trade data announced by the Ministry of Commerce within the scope of GTS (general trade system); Compared to the same month of the previous year, exports increased by 5.62% to 17.33 billion USD, while imports increased by 8.54% in the same period and amounted to 19.73 billion USD. In this context, the foreign trade deficit increased by 35.67% in the October period, reaching 2.40 billion USD.(Tera Yatırım) ... Devamı

Turkey PMI: The industry continues to remain in the growth zone

According to the data announced by the Istanbul Chamber of Industry and IHS Markit; Manufacturing PMI increased from 52.8 to 53.9 in October. (Tera Yatırım) ... Devamı

Turkey: We expect exchange rate increases to keep inflation high in the coming months

The most interesting macro announcement this week will be the October CPI figures to be announced tomorrow. ... Devamı

The second wave in global sales

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US and European stock markets

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A sudden rise in bank shares

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Flood disaster in Giresun

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Neutralizing 8 terrorists

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