Kalen | Search

Accessibility help Skip to navigation Skip to content Skip to footer

Showing results for Kalen

Sort by

Viewing results 1‒25 of 28

News in-depthUS elections
Will ‘micro-influencers’ sway tight US election races?
...country in November.President Joe Biden has been wooing celebrity influencers, recently hosting a White House reception with several hundred viral internet stars with millions of followers, including actor Kalen...
February 23, 2024
ExplainerTurkish economy
In charts: can Erdogan’s gamble keep the Turkish lira steady?
...While the government predicts that inflation will fall to single digits next year, Kalen warns that there is a strong risk that the government will “grossly exceed its inflation forecast”....
February 21, 2022
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
ExplainerMarket Questions
Is Turkey on the brink of hyperinflation?
...“Headline CPI will likely close in on 30 per cent [year on year] over the coming months,” wrote Phoenix Kalen, analyst at the French bank Société Générale, in a recent note....
November 28, 2021
Turkish economy
Turkish lira tumbles as central bank slashes interest rate
...Phoenix Kalen, an emerging markets strategist at Société Générale, said the decision suggested Erdogan was planning to bring forward the next round of presidential and parliamentary elections, currently...
October 21, 2021
News in-depthEmerging market investing
Rising dollar stokes nerves for emerging market investors
...“That is certainly generating a lot of fears about how fast global growth can recover in a context where China is slowing,” Kalen said....
July 20, 2021
ExplainerMarket Questions
Will US GDP data confirm a pick-up in activity?
...But Phoenix Kalen, of Société Générale, wonders if President Recep Tayyip Erdogan — who believes, unconventionally, that high interest rates cause inflation — might wish to see his latest experiment through...
October 24, 2021
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
News in-depthTurkish economy
What the lira collapse means for Turkey’s economy
...said Phoenix Kalen, an emerging markets strategist at Société Générale....
November 24, 2021
News in-depthEmerging market investing
EM issuers raise record $191bn on foreign debt markets in early 2021
...“Going forward, things will become more tricky,” Kalen said....
April 23, 2021
Turkish economy
Turkish lira sinks to record low after central bank holds fire
...“But clearly we did not see that,” Ms Kalen added, saying that the bank had instead returned to a strategy of “stealth tightening”....
October 22, 2020
Turkish economy
Turkey’s lira tumbles after Erdogan sacks central bank chief
...“With Naci Agbal’s removal from the central bank, Turkey loses one of its last remaining anchors of institutional credibility,” said Société Générale strategist Phoenix Kalen, adding: “Turkey may soon be...
March 22, 2021
News in-depthEmerging market investing
Emerging market investors focus firmly on central bank decisions
...Similarly, Turkey’s central bank “has essentially no room for error”, says Phoenix Kalen, an emerging markets strategist at Société Générale, and will be forced to raise its policy rate by a full percentage...
March 17, 2021
ExplainerMarket Questions
Will inflation data justify investors’ concerns?
...Phoenix Kalen of Société Générale predicts the lira will strengthen to 6.2 to the dollar by the end of the year....
February 21, 2021
News in-depthGlobal Insight
Emerging economies tap debt markets but risks pile up ahead
...Ms Kalen warns that countries cannot borrow forever, even in a world of record-low interest rates....
September 28, 2020
Currencies
Turkish lira rebounds after Erdogan’s son-in-law quits finance ministry
...Phoenix Kalen, an emerging markets strategist at Société Générale, said the strong market reaction “reflects expectations that the upheaval in economic policymaking taking place among Turkey’s leadership...
November 9, 2020
Coronavirus: free to read
Developing nations squeezed as virus fuels public spending
...Phoenix Kalen, an emerging markets strategist at Société Générale in London, said: “We are kicking the can down the road in refinancing the debt problem, which is ballooning dramatically . . ....
July 20, 2020
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News in-depthThe Big Read
Erdogan gambles on fast recovery as Turkey burns through reserves
...“If you think that the coronavirus’s impact is going to disappear relatively quickly . . . then this is an appropriate strategy,” says Phoenix Kalen, director of emerging markets at the French bank Société...
August 3, 2020
Turkish economy
Turkey slashes key rate to 12% in bid to rev up economy
...Phoenix Kalen, an analyst at Société Générale, described the move as “bold”, adding: “We believe it was unnecessary for the Central Bank of Turkey to be as aggressive as it was at today’s MPC meeting.”...
December 12, 2019
Turkish economy
New Turkish central bank governor signals rate cut
...Ms Kalen said that, in light of the changes at the top of the bank, it would be difficult for markets to “parse” future interest-rate cuts....
July 15, 2019
News in-depthThe Big Read
Bolsonaro, Brazil and the coronavirus crisis in emerging markets
...“There are no longer those big turbo engines to boost EM growth, and this is really a challenging question,” says Phoenix Kalen, emerging markets strategist at Société Générale in London....
April 19, 2020
Turkish economy
Turkey’s current account deficit shrinks to 16-year low
...“It’s still a really favourable backdrop that continues to fuel the hunt for yield,” said Phoenix Kalen, emerging markets strategy director at Société Générale....
July 11, 2019
Turkish economy
Analysts differ on scale of Turkey’s forthcoming rate cut
...That was echoed by Société Générale analysts Phoenix Kalen and Marek Drimal, who argued that 300 basis points “would not be overly aggressive and may be easily absorbed by the market”, while also being enough...
July 24, 2019
Currencies
Turkish lira sinks 2% after Erdogan sacks central bank governor
...Phoenix Kalen, an analyst at Société Générale, said that the favourable external environment provided a “cushion” for Turkish assets, but warned: “This buffer may quickly evaporate if there are monetary...
July 8, 2019
News in-depthThe Big Read
Turkey: why Erdogan gambled on a pivot to Russia
...Phoenix Kalen, emerging markets strategy director at Société Générale, said in a recent client note that the risk of sanctions appeared to have been “pushed out”, adding: “We are unlikely to witness a repeat...
August 14, 2019
Global Economy
Erdogan reconsiders mega-projects as economy stutters
...Phoenix Kalen, director of emerging market strategy at the French bank Société Générale, said it would be an important step towards restoring investor confidence....
September 14, 2018
The Big ReadLaura Pitel
Recep Tayyip Erdogan: Turkey’s strongman grapples with the markets
...Phoenix Kalen, an emerging markets strategist at Société Générale, warns that without a change of direction from the political leadership, Turkey was likely to remain trapped in a “recurring nightmare”....
May 25, 2018

Previous pagePage 1 of 2Next page