Obbligazioni valute high yield TURCHIA bond in usd e lira turca (9 lettori)
- Creatore Discussione sentex
- Data di Inizio
Fabrib
Forumer storico
ISTANBUL (Reuters) - The Turkish economy contracted a sharper than expected 3.0 percent in the fourth quarter of 2018, its worse performance in nearly a decade, in the clearest sign yet that last year’s currency crisis is tipping it into recession.
Turkey, a major emerging market once seen as a star performer by international investors, achieved growth of more than 7 percent in 2017. But last year it was battered by a 30 percent slide in the value of the lira.
The year-on-year quarterly contraction compared with a median forecast of a 2.7 percent decline in a Reuters poll, and it was the worst performance since 2009. The lira eased slightly to 5.4545 against the dollar, from 5.45 before the official GDP data was published.
The economy grew 2.6 percent in 2018 as a whole, also the weakest performance since 2009, the Turkish Statistical Institute data showed. It compares with a forecast of 2.55 percent growth in the poll.
Fourth quarter GDP shrank a seasonally and calendar-adjusted 2.4 percent from the previous quarter. The data also showed the economy had expanded 1.8 percent year-on-year in the third quarter, revised from a previously reported 1.6 percent.
The construction sector - long a beneficiary of Turkey’s credit-fueled building boom - contracted 8.7 percent year-on-year in the fourth quarter, the data showed, coupled with a 6.4 percent contraction in industry sector.
Consumption expenditures of households decreased by around 9 percent in the last quarter, showing signs of slowdown in domestic demand.
Turkey, a major emerging market once seen as a star performer by international investors, achieved growth of more than 7 percent in 2017. But last year it was battered by a 30 percent slide in the value of the lira.
The year-on-year quarterly contraction compared with a median forecast of a 2.7 percent decline in a Reuters poll, and it was the worst performance since 2009. The lira eased slightly to 5.4545 against the dollar, from 5.45 before the official GDP data was published.
The economy grew 2.6 percent in 2018 as a whole, also the weakest performance since 2009, the Turkish Statistical Institute data showed. It compares with a forecast of 2.55 percent growth in the poll.
Fourth quarter GDP shrank a seasonally and calendar-adjusted 2.4 percent from the previous quarter. The data also showed the economy had expanded 1.8 percent year-on-year in the third quarter, revised from a previously reported 1.6 percent.
The construction sector - long a beneficiary of Turkey’s credit-fueled building boom - contracted 8.7 percent year-on-year in the fourth quarter, the data showed, coupled with a 6.4 percent contraction in industry sector.
Consumption expenditures of households decreased by around 9 percent in the last quarter, showing signs of slowdown in domestic demand.
Near
Forumer storico
tommy271
Forumer storico
* La minaccia di sanzioni, così come il riesame della partecipazione della Turchia al programma di produzione industriale degli aerei F-35, viene messo ancora in risalto dal Dipartimento di Stato USA.
Rammenta l'avvertimento del vicepresidente americano Mike Pence ed invita Ankara a non procedere all'acquisizione del sistema russo S-400.
"Come ha detto il vicepresidente Mike Pence a Monaco," non resteremo inoperosi mentre i nostri alleati nella NATO stanno acquistando armi dai nostri avversari ", ha affermato il portavoce del ministero degli Esteri americano.
Rammenta l'avvertimento del vicepresidente americano Mike Pence ed invita Ankara a non procedere all'acquisizione del sistema russo S-400.
"Come ha detto il vicepresidente Mike Pence a Monaco," non resteremo inoperosi mentre i nostri alleati nella NATO stanno acquistando armi dai nostri avversari ", ha affermato il portavoce del ministero degli Esteri americano.
Owblisky
Compravendite mobiliari
Questo è il punto dirimente per il futuro andamento del Turcame.
Speriamo non sia necessaria un' altra lisciatina di pelo come quella della scorsa estate.
Onestamente non credo che Erdogan (visto il calo dei consensi alle ultime elezioni) sia così stupido da volersi suicidare politicamente optando per l'aggravamento della situazione economica piuttosto che per la sua (avviata) normalizzazione.
tommy271
Forumer storico
Magari ... raddoppierei la posizione.
Personalmente mi attendo un pò di volatilità, associata alle cattive (e persistenti) notizie sul fronte economico.
Vediamo se Trump vorrà fare un pò di "spettacolo".
m.m.f
Forumer storico
...questi comunque per un verso o per l'altro sono oltremodo spesso e volentieri inopportuni e causa di 1000 problematiche inventate.
m.m.f
Forumer storico
... non la escluderei da qui ai prossimi mesi sulla TRY intendo.