Turkish lira

Deutsche Bank, in a recent report, compared the Japanese Yen with some of the world’s weakest currencies. What Happened: The report drew parallels between the weak fundamentals of the yen and those of the Argentine peso and the Turkish lira. It was authored by George Saravelos, Global Head of...

President Recep Tayyip Erdogan has been re-elected in a presidential run-off election in Turkey, extending his tenure as the nation's longest-serving leader. This victory came after a close race against opposition leader Kemal Kilicdaroglu, in which Erdogan missed achieving the necessary 50% of...

The Turkish lira rose by more than 2% against the U.S. dollar over the weekend, a departure from the usual for the country's currency in recent years.  What Happened: Turkish Finance Minister Berat Albayrak announced his resignation on Sunday, citing health reasons. This was the...

It has been another brutal year for investors in the iShares MSCI Turkey ETF (NASDAQ: TUR). The lone exchange traded fund in the U.S. dedicated to Turkish equities is down more than 17 percent year to date while the MSCI Emerging Markets Index is up by 2.18 percent. What Happened TUR is lower by...

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...

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...

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...

The Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR) is off just 0.8 percent this quarter, a showing far superior to the 3.4 percent lost by iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM). However, investors might want to curb their enthusiasm for Turkish stocks and TUR. Judging by the...

U.S. stocks were unable to keep yesterday's momentum and ended the day sharply lower. The Dow suffered yet another triple digit decline with the S&P 500 and Nasdaq indices shedding more than one percent. In Ben Bernanke's final meeting as Fed chief, the FOMC tapered its monthly bond...

Emerging markets no longer provide some of the world's most compelling investment opportunities. According to several top-tier Wall Street research firms such as Goldman Sachs (NYSE: GS) and JPMorgan (NYSE: JPM), investors should put their money to work elsewhere. Goldman Sachs is forecasting...