Morning Note /
Turkey

Turkey: Critical MPC week

  • It is the MPC week and the consensus is now a 100bps cut with the Lira weakening to 9.29 against USD

  • Last month’s 100 bps cut surely has not being reflected in loan rates

  • AV and Arcelik which are both in our Top pick list are both announcing their 3Q results on the 21st.

Batuhan Ozsahin
ATA Invest
18 October 2021
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