Erste Asset Management

THIS AUTHOR'S POSTS

Turkey Outlook 2017 – Light at the end of the tunnel
Turkey Outlook 2017 – Light at the end of the tunnel
Ulrike Gruber / www.art-of-zeug.at

Turkey Outlook 2017 – Light at the end of the tunnel

Turkey faced a lot of difficulties in 2016 – both on the economic and political side. On the economic front, the first half of the year was a recovery period where most of the macro data showed improvement, political turmoil had diminished and equity market was pretty much on hold while the market participants had […]

Turkey’s coup attempt
Turkey’s coup attempt
© Ulrike Gruber / www.art-of-zeug.at

Turkey’s coup attempt

What happened? Last Friday evening, a fraction of the Army mostly medium rank officers, had undertaken a coup attempt and seized airports, bridges, TV stations and military headquarters, before attacking the Turkish parliament, leaving the building charred and damaged, and have reasoned to seize power to protect the democracy from the Government.

Could the outcome of Turkish parliamentary elections lead to increased volatility?
Could the outcome of Turkish parliamentary elections lead to increased volatility?
© Fotolia

Could the outcome of Turkish parliamentary elections lead to increased volatility?

The upcoming parliamentary elections on Sunday in Turkey could force Erdogan to postpone his plan for a new constitution and could lead to new political leaders in the Ministry of Finance and the Ministry of Economics. This would trigger an increase in uncertainty and consequently a higher degree of volatility for the Turkish Lira and […]