One step forward, several steps back in Turkey
By: Colby Smith
On Friday, a Turkish judge released Andrew Brunson, the US pastor at the centre of President Trump's stand-off with Turkey's President Recep Tayyip Erdogan. Brunson had spent two years in detention on charges of espionage and aiding the failed 2016 coup. News of his release did inject some optimism into Turkish assets: prices on Turkey's 10-year government bond gained nearly 12 per cent. And at first, the currency gained nearly 3 per cent against the dollar.
More:One step forward, several steps back in Turkey | FT Alphaville