Erdogan Goes Too Far, Market Warns As Lira, Turkish ETF Suddenly Tumble

by Tyler Durden
ZeroHedge.com
Jul 19, 2016

While so far the Western diplomatic response to Erdogan’s unprecedented putsch has been mostly stunned silence (with just the U.N. human rights chief expressing alarm about the mass suspension or removals of judges so far), the market is starting to get concerned, and moments ago the Turkish Lira suddenly tumbled, sliding below Friday’s closing level, while at the same time the MSCI Turkish ETF plunged as well.

The Rest…HERE

This entry was posted on Tuesday, July 19th, 2016 at 11:04 am and is filed under Economics, Government Evil, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.