EZB8RISK / Market Briefing

Turkey's fund market turmoil keeps officials busy, with the president meeting his economic team and vowing action over the ongoing probe, while the opposition pushes for transparen

Turkey's fund market turmoil keeps officials busy, with the president meeting his economic team and vowing action over the ongoing probe, while the opposition pushes for transparency. The BIST 100 drifted lower again, and the Turkey ETF followed suit, suggesting the thawing of asset freezes has yet to restore investor appetite. One bright spot, economic confidence climbed to a 39-month high, hinting that sentiment on the broader economy is holding up better than the market pulse suggests.

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