Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Turkey

Rally Ahead, But More Impetus Needed

June 2004 | Market Strategy

BMI View: The Turkish economy is improving, political noise is easing for now and the global economic climate seems increasingly supportive. With the dollar looking weak and USTs having priced in rapid monetary tightening, a short-term pan-asset class rally in Turkey could well be on the cards. Into the medium term, however, we are keeping a wary eye on geopolitical

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