Seeking Alpha

Soner Kistak

 
View as an RSS Feed
View Soner Kistak's Comments BY TICKER:
Latest  |  Highest rated
  • Which International Bond Market Delivers Real Yield ? [View article]
    With regards to AUD, the real rate estimate for 2011 stands at 1.95%. While this is certainly an attractive yield, the risk for AUD is risk of depreciation. Please be advised that since January 2009, AUD has increased by +45% against USD. There might be some correction risk.
    Apr 1 04:54 PM | 1 Like Like |Link to Comment
  • Oil Addiction: Europe's the Surprising Leader [View article]
    agree. However, looking only at per capita numbers misses the big picture. China, with its 1.3 bn population, would always look good based on per capita figures..The problem is the increase in the total emissions...point...
    Jan 16 12:26 PM | Likes Like |Link to Comment
  • Oil Addiction: Europe's the Surprising Leader [View article]
    agree. However, looking only at per capita numbers misses the big picture. China, with its 1.3 bn population, would always look good based on per capita figures..The problem is the increase in the total emissions...point...
    Jan 16 12:26 PM | Likes Like |Link to Comment
  • Turkish Lira Facing Independent Pressure [View article]
    Turkish Central Bank has been decreasing the interest rates ,betting that the inflationary pressures will be minimal in the next one year. The strategy had relative success ,given that the the level of decrease is around 6.5% since the beginning of 2009. The bottleneck for this strategy would be a possible increase in oil prices. Any increase in oil price will create inflationary pressures for a country like Turkey for whom the oil imports constitutes 1/3 of the total imports.

    An increasing oil price coupled with inflationary pressures would pressurize the Central Bank to raise the rates and it would also force the Turkish government to seek for an IMF deal.

    Absence of IMF deal could be taken as a negative news for the TRY in the mid.term
    Dec 14 12:17 PM | Likes Like |Link to Comment
COMMENTS STATS
4 Comments
1 Like