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Thursday, July 25, 2013

Investors skittish on Turkey’s outlook - FTSE Global Markets

Investors skittish on Turkey’s outlook
Wednesday, 24 July 2013

Borsa Istanbul unveiled a technology deal with NASDAQ OMX in July that involves the NASDAQ OMX upgrading the Turkish exchange’s trading, clearing, risk management and market surveillance operations. The announcement, either deliberately or otherwise, was timely, as it provided some reassurance to international investors who had been discombobulated by several weeks of political unrest that upended (to a degree) some of the ‘feel-good’ sentiment that had built up around the country’s overall economic story. What now?

More:Investors skittish on Turkey’s outlook - FTSE Global Markets