http://www.fxstreet.com/education/technical/occasional-macro-note/http://www.fxstreet.com/education/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/education/technical/occasional-macro-note/2008-07-10.htmlAnyone who has an interest on the real side of Turkish economy might have encountered the famous sketch of industrial production and exports rising together from 2002 and onwards. The common interpretation of this relationship is that the manufacturing sector is becoming more outward-looking and exports are the main driver behind industrial growth. Most of the time, no comment is made about imports and are omitted from the analysis, as if everyone has come to an agreement on the fact that anThu, 10 Jul 2008 09:24:58 GMThttp://www.fxstreet.com/education/technical/research@ykb.com (Yapi Kredi Bank)http://www.fxstreet.com/education/technical/occasional-macro-note/2008-07-10.htmlhttp://www.fxstreet.com/education/technical/occasional-macro-note/2008-06-17.htmlIt is known that various asset returns possess significant interrelations, and that financial returns and volatilities move together over time across assets and markets, since they are all part of a greater portfolio. In this manner, it is expected that there may be a correlation between the exchange rates, interest rates and the stock market in Turkey. Moreover, price movements in one market are also expected to spread to another. Therefore, the dynamic relationship between these threeTue, 17 Jun 2008 09:16:48 GMThttp://www.fxstreet.com/education/technical/research@ykb.com (Yapi Kredi Bank)http://www.fxstreet.com/education/technical/occasional-macro-note/2008-06-17.htmlhttp://www.fxstreet.com/education/technical/occasional-macro-note/2008-05-09.htmlSurge in commodity prices is a recent phenomenon and could be pushing the global economy into a new inflation spiral. Currently, the problem seems to be receiving less attention than the financial crisis that stemmed from the sub-prime market in the US. Although discernibly impacted by channeling of recently increased liquidity into commodity markets in a speculative fashion, price increases reflect certain structural weaknesses in global economy and thus threaten global price stability. AnFri, 09 May 2008 15:36:50 GMThttp://www.fxstreet.com/education/technical/research@ykb.com (Yapi Kredi Bank)http://www.fxstreet.com/education/technical/occasional-macro-note/2008-05-09.htmlhttp://www.fxstreet.com/education/technical/occasional-macro-note/2008-04-08.htmlHere is the sequel to our analysis of YTL/$ released in our March 25 dated Occasional Paper “YTL/$ Responds ARCHly to Markets’ Tune”. We there tried to come up with a relevant framework within which movements of the YTL/$ could be explained both level and volatilitywise. The reason such an analysis became imposing was developments on both global and local scenes which led to significant volatility and level changes in the FX market. Regardless of their distinct qualitative nature, allTue, 08 Apr 2008 09:29:17 GMThttp://www.fxstreet.com/education/technical/research@ykb.com (Yapi Kredi Bank)http://www.fxstreet.com/education/technical/occasional-macro-note/2008-04-08.htmlhttp://www.fxstreet.com/education/technical/occasional-macro-note/2008-03-26.htmlOnce again, financial markets have experienced turmoil and subsequently the volatility in exchange rates soared. As we know from our past experiences, such disturbances hit the financial system from time to time and may lead to significant deterioration in the markets if the effect is permanent. These shocks might arise from different sources (e.g. internal and/or external), which make it difficult to differentiate between two. Exchange rates are sensitive to developments both in domestic andWed, 26 Mar 2008 13:24:15 GMThttp://www.fxstreet.com/education/technical/research@ykb.com (Yapi Kredi Bank)http://www.fxstreet.com/education/technical/occasional-macro-note/2008-03-26.html