Weekly Tracker: July 21-27

TURKEY - Report 21 Jul 2013 by Murat Ucer

Executive Summary We opted for a different format in this Tracker, because of a short break our political analyst-cum-cosmic strategist had to take. After briefly highlighting a few important political developments of the past week, we provide our economic commentary as usual. Syrian border troubles are complicating Turkey’s already fragile Peace Process, while a recent poll suggests AKP might have lost some popularity in the new world we’ve entered since the Gezi Parki protests. We expect the Monetary Policy Committee to hike the upper end of the O/N corridor (lending rate) by at least 100...

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