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Forex Experts Discuss Turkey, Lira Meltdown
Monday, August 13, 2018 - 8:17amRead More...Turkey's national currency, the lira, continues to trade near all-time lows against the U.S. dollar, and the country is approaching an economic crisis, the BBC reported. Here's what investors need to know Monday morning. The Analysts Jose Luis Daza, chief investment officer at...
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The Turkish Crisis: What You Need To Know About Erdogan, The Lira, Turkey
Friday, August 10, 2018 - 10:39amRead More...U.S. stocks and the Turkish lira plummeted Friday after President Donald Trump threatened to double tariffs on steel and aluminum and said diplomatic relations with Turkey are “not good.” Here’s a rundown of what investors need to know. Where Problems Started The lira began its...
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Keys To More Upside For The Turkey ETF
Friday, June 24, 2016 - 7:20amRead More...Up nearly 13 percent year-to-date, the Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR) is one of this year's better-performing single-county emerging markets exchange-traded funds. Turkish Delight? TUR's bullishness this year's comes amid lingering concerns about the country's...
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Turkey ETF Could Be Next To Be Stung By Credit Downgrade
Monday, September 14, 2015 - 6:50amRead More...In the wake of the iShares MSCI Brazil Capped ETF (NYSE: EWZ) being stung by Standard & Poor's stripping Brazil of its investment-grade credit rating, financial market participants, as they so often do, are wondering what country could be next to draw the ire of a major ratings agency....
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Why Turkey Should Prepare Itself for an Economic Collapse
Friday, July 8, 2011 - 2:12pmRead More...The Turkish Central Bank is engaging in reckless policy. Those invested in the country should prepare themselves for the consequences. Despite a rising rate of inflation, the Turkish Central Bank is maintaining a policy of keeping interest rates low. The bank may be hoping to prevent the country's...
