Ankara government attempts to put brake on rapidly worsening tensions but Germany's Schaeuble aggravates Erdogan with comparison to the old communist East Germany.
Turkey's consumer confidence index recovered by 1.9% m/m to 71.3 in July from 70 in June, achieving the lowest figure recorded since March’s 67.8.
Turkish equities experienced an inflow of $155mn in the week ending July 14 while the benchmark BIST-100 tested a new record high of 107,750 on July 20.
Deputy PM Mehmet Simsek, a favourite with investors, keeps his place as economic management team retained, but no major surprises in country entering second year of state of emergency.
Germany's foreign minister and business chambers respond to latest detentions with statements that will worry Turkey's already struggling tourism industry and unsettled investment enviroment.
Russian gas giant has reportedly started construction work on the second stage of the Turkish Stream pipeline before the final deal is approved by Ankara.
Turkey is heavily dependent on external borrowing due to its chronic current account deficit causing its short-term external debt stock to rise
Turkey’s EU Affairs Minister Omer Celik is visiting Brussels for official meetings and to attend a consultative committee meeting
President President Recep Tayyip Erdogan has extended the state of emergency in Turkey for the fourth time claiming it necessary to help him crack down on the "Gulenist" network
Turkey's unemployment rate declined for the third consecutive month to 10.5% in April, the lowest level posted since June 2016
Turkey’s private sector long-term foreign debt now stands at $209bn as of end-May from $205bn at end-April
The deterioration in inflation expectations was driven by rising consumer prices and the depreciating Turkish lira
The budget deficit rose to TRY13.7bn (€3.38bn) in June from TRY7.92bn a year ago and it should exceed the official target of TRY46.9bn or 1.9% of Turkey's GDP in 2017
The Turkish government issued a decree dismissing 7,348 people from their posts who were alleged to have links with the coup plotters, on the day before the anniversary of the coup.
Ankara calls exploration activities “irresponsible” and warns majors cooperating energy majors that they could “lose a friend”.
Two of Russia’s advanced S-400 surface-to-air missile system will be bought from Russia and another two will be produced in Turkey
Gross FX reserves saw its yearly lowest level of $84.99bn as of April 28, the worst level recorded in Turkey since July 2012
Turkish equities experienced an inflow of $48mn in the week ending July 7 as the benchmark BIST-100 tested a new record high of 104,915 on July 13
Foreign investors in Turkey worry that politics is increasingly affecting the business climate.
Rising export demand along with the depreciation of the Turkish lira and government stimulation measures have been the main drivers of Turkey's improved industrial production performance