Erdogan

A Market Bloodbath as Turkey Fever Spreads

A Market Bloodbath as Turkey Fever Spreads

Just when you though it was safe to invest in an asset that made sense, be it forex, bonds or stocks, fear and contagion has suddenly appeared, and in under 48-hours has severely bullied emerging markets into near submission with the Turkish lira falling nearly +45% against the dollar. Here’s why.

Five Things the Markets are Talking About: Monday June 25

Five Things the Markets are Talking About: Monday June 25

Recep Erdogan won yesterday’s presidential election after his Justice and Development Party, together with Nationalist Movement Party, grabbed the majority of the seats in the parliament. See how this affected the Turkish lira and other global currencies.

As Risk Sentiment Improves Dollar Bulls Sell

As Risk Sentiment Improves Dollar Bulls Sell

The ‘big’ dollar has edged lower while Italian bond yields have declined again. Meanwhile in Madrid, parliament is set to vote Friday (June 1) whether to oust Spanish PM Rajoy. Here are the five things you should know.

Five Things the Markets are Talking About: Monday April 17

Five Things the Markets are Talking About: Monday April 17

Stocks, the US Dollar and Treasury yields are under geopolitical and economic pressure.

Dr. Strangelove Redux

Dr. Strangelove Redux

To what extent the markets need to price in geopolitical risk more actively into their psyche will likely drive nearer term sentiment. It feels like a Dr Strangelove Redux as this game of chicken unfolds.