As a new week begins, I’d like to once again bow respectfully to the heroes of Çanakkale whom we remembered one more time yesterday. Let’s remember Mustafa Kemal ATATURK’s tribute to the ANZACs died at Gallipoli:
“Those heroes that shed their blood and lost their lives… You are now lying in the soil of a friendly country. Therefore rest in peace. There is no difference between the Johnnies and the Mehmets to us where they lay side by side now here in this country of ours… you, the mothers, who sent their sons from faraway countries wipe away your tears; your sons are now lying in our bosom and are in peace. After having lost their lives on this land, they have become our sons as well.”
Let’s also remember that grieving mothers and fathers of soldiers died at battle had sent letters to Ataturk to thank him for his kind words. After all, he could possibly adopt no other attitude as he was the one who spoke these kind words: “Unless a nation’s life faces peril, war is murder”. So, with my greatest respect and gratitude, I’d like to once again remember Atatürk by reflecting his own words, “Peace at home, peace in the world”.
“Afrin and Markets….”
The fact that Turkish forces seized control of Afrin yesterday will also become a moment to remember in history. It was the first successful step in eliminating the growing terrorist threat on Turkish borders that USA turns the blind eye, moreover supports.
In the meantime, first day of the trading week begins with growing tensions for investors in dealing with constant rises in Exchange Rates and Interest Rates. As currency basket has already exceeded record highs, everyone wonders what will happen next.
There’s no key data released this week for us to discuss before the upcoming G-20 and EU summits. However, we should keep track of the US housing data. As for Turkey, capacity utilization rates are expected to be announced soon.
As you may remember, I’ve pointed out that you would need to closely monitor the markets after the first half of the last week and avoid rushing into hasty decisions when buying an investment. Just keep that in mind.
