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EM Rundown: Turkish election and Industrial green shoots

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    It will no doubt be a week to watch when it comes to G10 economic data, but for emerging markets, most of the market-moving developments took place last week. Below, we recap this weekend’s election surprise in Turkey, as well as look at manufacturing activity across the entire EM spectrum USD/TRY: Election results “just right” for TRY? Heading into this weekend’s Turkish general elections, most opinion polls were pointing to another hung parliament, so the news that the AKP party had secured

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