The Turkish economy expanded 5.1 per cent year-on-year in the second quarter, official data showed on Monday, just below analysts' forecasts, and ministers predicted growth will gain momentum in the third quarter.
Shortly after the official statistics was released, the Turkish lira rebounded against the USA dollar on Monday morning.
The exchange rate stood at 3.4010 by 5 p.m. local time (1400GMT) Monday, compared with 3.4080 at Friday's close.
US -based financial services firm Morgan Stanley also increased its forecast for Turkey's growth rate for this year to 4.3 percent, from 3.3 percent.
The USD/TRY rate saw sharp fluctuations after last year's defeated July 15 coup and climbed to its historic hike - around 3.94 liras - in mid-January this year.
The growth rate in the first quarter of 2017 was revised up from 5 percent to 5.2 percent.
The company pointed out strong lending growth, and said the biggest contributions to economic activity came from private consumption, exports and capital expenditure.
The 5 percent growth rate for the first quarter was also revised up to 5.2 percent.
The firm added that the 10.5 percent year-over-year growth in net exports strongly contributed to the economic growth, which was significantly higher than 2.5 percent of growth in imports. TurkStat announced that imports of goods and services also increased by 2.3 percent in the same period. What does it mean?
Gross domestic product grew by calendar-adjusted 6.5 percent annually, faster than the 4.9 percent expansion seen in the first quarter.
The share of compensation of employees in the gross value added was 36.2 percent in the second quarter of 2017 while it was 38.1 percent in the same quarter of the previous year.
Finally, Oregon Public Employees Retirement Fund grew its stake in shares of Mosaic Company (The ) by 1.1% during the 1st quarter. Of those analysts, no rate stock as a Strong Buy, 11 rate it as Hold, and just 1 analyst rates it as a Moderate Sell.
Richard Moore, director of Children in Crossfire , said: "It is a great honour and privilege for him to come to Derry". The Dalai Lama said he was saddened by the USA leaving the Paris climate accord. "Each country belongs to its people".
Following the sale, the chief executive officer now directly owns 534,746 shares of the company's stock, valued at $18,015,592.74. Texas Yale Capital, a Florida-based fund reported 37,705 shares. ( NYSE:MXL ), 11 have Buy rating, 0 Sell and 0 Hold.
The Yellow Jackets next play at home against Pitt on September 23 in what will be their first ACC game. Instead of football, Spectrum Stadium and the area near it will be used to help aid recovery efforts.
Merriman Wealth Management Llc decreased Exxon Mobil Corp (NYSE:XOM) stake by 35,681 shares to 11,358 valued at $1.03M in 2016Q4. Moreover, Acropolis Invest Management Ltd Liability has 0.47% invested in Wal-Mart Stores Inc (NYSE: WMT ) for 36,984 shares.
Hurricane Irma , one of the most powerful Atlantic storms in a century, made landfall in Cuba on Friday as a Category 5 storm. Though it's unusual for three hurricanes to be active in the Atlantic basin at the same time, it's not without precedent.
Florida Governor Rick Scott delivered a strong warning Saturday morning as Hurricane Irma threatens parts of the Sunshine State. Irma as of about noon Saturday was near the north coast of Cuba and 175 miles southeast of Key West with winds of 125 mph.
It is negative, as 45 investors sold BKD shares while 73 reduced holdings. 52 funds opened positions while 296 raised stakes. Jefferies Group LLC reiterated a "hold" rating on shares of Boston Scientific Corporation in a research note on Thursday.
Upon leaving Florida, a weakened Irma is expected to push into Georgia, Alabama, Mississippi, Tennessee and beyond. It then rounded Florida's southwestern corner and hugged the coast closely as it pushed north.
BNCL's SI was 1.25M shares in September as released by FINRA. 43,856 were accumulated by Ngam Advsr Ltd Partnership. The New Jersey-based Krasney Financial Ltd Company has invested 1.17% in Starwood Property Trust, Inc. (NYSE:STWD).
However, questions have been raised by the child's parents on a bigger conspiracy in which the school's role is suspect. However, in the light of recent atrocities, schools are unfortunately not safe anymore.
Man killed in I-580 crash in Oakland identified
KABC-TV reports Caltrans officials say one of the three people who died was a person trying to help in the initial wreck. The California Highway Patrol confirms one person died in a rollover crash near Buellton late Sunday night.
Zuma says DA used witchcraft to win local elections
A major cabinet shake-up is on the cards, with Nkosazana Dlamini-Zuma expected to be named as a new minister. The campaign source said a third-term bid by Zuma would only help Ramaphosa's presidential ambitions.
Norway's right-wing government projected to win re-election
The conservative parties that have governed Norway for the past four years appear to be retaining control of the parliament. Ms Solberg's ruling coalition with the Progress Party is slated to win 89 of 169 seats, with 95% of votes counted.
United Nations passes fresh sanctions on North Korea
The test sent powerful tremors across the region, suggesting the device used was the most powerful the nation has ever tested. The Trump administration has said all options are on the table in dealing with North Korea, including a military response.
BC budget: Tax changes for British Columbians
The plan rides a hot economy and relies on higher than expected surpluses to pay for policies and programs. While her government will spend $51.9 billion in this fiscal year, revenues are pegged at $52.4 billion.
Vladimir Putin calls for talks with North Korea
That list would include China, the U.S.'s biggest trading partner, which accounted for about a sixth of its overseas commerce. Putin told Moon that the North Korean problem should be solved diplomatically, according to Seoul's presidential office.