Turkey

Just one day after the jailed leader of the Kurdish Workers Party (PKK), Abdullah Ocalan, called for a ceasefire in its decades old armed conflict with Turkey, a normalisation of relations... 2013-03-28

BMI View: There has been considerable growth in interest in Turkey's still largely unexplored shale potential over recent quarters. The Dadas shale, located in the country's oil and... 2013-02-22

BMI View: Consumer price inflation dropped significantly in October 2012, to 7.8% y-o-y from 9.2% in September. This drop in inflation is broadly in line with our view that elevated... 2012-11-15

Turkey’s President Abdullah Gul has diverged with Prime Minister Recep Tayyip Erdogan over the country’s candidacy for EU membership. In a recent interview Gul stated... 2012-11-15

On November 7 we removed our bullish key market view on the TRY/US$ exchange rate, after implied gains of 1.1% over seven days, as we believed the Turkish lira had come too far too... 2012-11-15

BMI View: Turkey will continue to narrow its current account shortfall in 2013, as the country's terms of trade benefits from export diversification and a moderation in domestic demand.... 2012-11-09

Producer price inflation remained elevated in December at 13.3% y-o-y, down only slightly on November's print of 13.7%. We expect the continued knock-on effects of currency weakness... 2012-01-27