Tuesday, March 16, 2021

Back to Economy

 Back to reality,Supernatural is enough for me......Everything is getting worse in the planet.Especially in economy.

1.9 Trillion $ surviving package was signed by President Biden.First time 1400 $ every USA citizen will have had this money.It is first time,the most capitalist country helps their citizens.10 years bonds are hiking.It means,developing countries lost money.Especially like Turkey.......

Interest rates will hike or not dollar will hike,no choice anymore......Currently trade interest rates are near to % 17-18 which are so high levels.In this week,we have meeting in TCMB.

According to all of credit rating firms,wait at least 100  basis points hiking.If they do not,strong dollar will effect  Turkish Market with badly.

Politics issues are part of this area.Turkey-Saudi Arabia relationships are not good.Also  with Egypt relations do not look well.Saudi Arabia bans turkish products importing for their markets.Turkey losts a market more.

S-400,second part S-400 buying probably do not look possiple.It will be stayed only humor.These things are politics....