You are here:

Turkey Political and Currency Crisis Dominates Late Summer Trade

Turkey Political and Currency Crisis Dominates Late Summer Trade

8 Months ago | August 19, 2018 00:00:00

John M. Bland, MBA, co-founder, Global-View.com


Turkey Crisis Dominates Trading Activity The political and currency crisis in Turkey dominated trade at the end of last week and in the first part of the current week. There are many dimensions to the problem. Markets were most worried about the risk of contagion, however, only a handful of European banks were exposed to Turkey. Furthermore, the risks of significant problems in the European banking system were seen as minimal. The European Central Bank (ECB) has been keeping a close eye on the situation and has ready to act if needed. The imposition of ta

Please login to read full story. Register if not a member.

Archives 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013
The message from the founder

Click Here

Review our featured articles

Click Here

The Latest Articles
  • Preview: U.S. Jobs Report for March 2019 Data. Due 5 Apr 19 @ 12:30 GMT More ..
  • Brexit Nowhere Near A Solution? More ..
  • Fed Policy Taking New Dovish Turn. Rates Now Seen Steady More ..
  • The Key To Predicting Future Fed Moves Is To Keep Your Mind and Eyes Open More ..
  • Central Bank Policies Mostly On Hold As Global Growth Slows More ..