Morning Note /
Global

Turkish equities started the new year on a strong note

  • Depreciation in Lira supported exporters & businesses with foreign-currency revenue streams.

  • Banks also joined the party with YKB, Isbank and Akbank leading while Garanti was interestingly a laggard.

  • After FED’s hawkish minutes, all eyes will continuously be on UST10s, especially with December CPI coming this Wednesday

Batuhan Ozsahin
ATA Invest
10 January 2022
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