Turkey's fund scandal continues to hang over sentiment, with the liquidation probe still unresolved and small caps remaining the most exposed pocket if selling resumes. The recent
Turkey's fund scandal continues to hang over sentiment, with the liquidation probe still unresolved and small caps remaining the most exposed pocket if selling resumes. The recent news flow is dominated by political headlines, including the president's remarks at the UN, with little fresh economic data to shift the macro picture. With no new market verdicts to settle direction, domestic equities are left waiting for clarity on the fund fallout while high inflation keeps institutional confidence thin.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works