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CEE Explained: No delight for Turkish equity markets
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As part of our special Central and Eastern Europe themed coverage, Saxo Bank's Head of Equity Strategy gives us his update on Turkish equity markets.
The country has seen a shift away from economic reliance on the textile sector into a new found reputation for a cheap European manufacturing, especially for the EU auto industry. However, political concerns and the impact of the Syrian conflict have driven sentiment down and Peter explains why he's currently negative on the Turkish markets.
Read more from Peter Garnry here: https://www.tradingfloor.com/traders/peter-garnry
Read more from Peter Garnry here: https://www.tradingfloor.com/traders/peter-garnry