Turkey

The Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR) fell almost 3 percent Thursday, bringing the five-day loss for the only exchange-traded fund dedicated to Turkish equities to almost 18 percent. Since last Friday's failed coup attempt against President Recep Tayyip Erdoğan, TUR has been...

Credit Suisse has downgraded Eldorado Gold Corp (USA) (NYSE: EGO) to Neutral from Outperform citing geopolitical headwinds in Turkey. "In the near term geopolitical headwinds will likely dampen a re-rating from potential upcoming positive catalysts," analyst Anita Soni wrote in a note. "Turkey was...

The Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR) tumbled again Wednesday, extending a three-day slide that has seen the lone exchange-traded funded dedicated to Turkish stocks plunge about 14 percent. On Wednesday, volume was again elevated in TUR as turnover in the ETF was more than triple...

On news of last Friday's now failed coup against President Recep Tayyip Erdoğan, the Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR) tumbled during after-hours trading that day, a trend that carried over to U.S. trading Monday when the Turkey ETF lost more than 6 percent on heavy volume....

The recent failed coup d'état in Turkey attempt has caused headaches for Turkish investors due to three immediate consequences from the event. These reactions include increased U.S./E.U.-Turkey relations, heightened authoritarianism from Recep Erdogan, president of Turkey and increased...

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...

Credit Suisse analyst Onur Muminoglu reports that the precipitous fall in Turkish tourism in recent years continued to hit Turkish companies hard in Q1. Of the 13 major consumer-related Turkish companies under Credit Suisse’s coverage, only four managed to beat consensus EBITDA expectations...

The Ishares Msci Turkey Inv Market Index Fd (NYSE: TUR) has recently had a spotty record of outperforming the MSCI Emerging Markets Index. For the six years ended 2015, the iShares MSCI Turkey ETF outpaced the benchmark emerging markets gauge in just three years. The lone Turkey ETF is off to a...

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...

With precious little time remaining in 2015, it is now safe to say this will be another dismal year for emerging markets stocks and the relevant exchange-traded funds. December trading is just a day old, but the Vanguard Emerging Markets Stock Index Fd (NYSE: VWO) and the iShares MSCI Emerging...

U.S. futures plummeted on Tuesday, indicating equities are in store for a large sell-off. Prior to Tuesday's opening bell, Dow futures were lower by more than 100 points. Geographical tension took the center stage after Turkish F-16 fighter jets were said to have shot down a Russian...

Turker Hamzaoglu, a U.K.-based analyst for Bank of America, said that Turkey's election results will likely put an end to the country's political uncertainty. The ruling Justice and Development Party (AKP) party regained a majority government in Turkey's elections. Hamzaoglu...

It has been less than a month and a half since Standard & Poor's stripped Brazil of an investment-grade credit rating, sending Latin America's largest economy to junk status. Since then, market participants have speculated about which emerging market will be next to lose an investment...

U.S. crude oil rig counts fell by 10 this week. Tensions remain high in Syria between the United States, Russia and other members of the international community. The U.S. Ambassador to the UN has condemned Iran’s recent missile testing as a “clear violation” of a testing ban....