(NEWS) Turkey - Market reaction

As a follow up on unfortunate events in Turkey over the last weekend, the reaction of the market was rather muted but rating agencies have started to express their worries. For example Moody's is reviewing country's rating with possibility of a cut or even moving it to Junk territory.

Overall, it is not just what has happened but also the weakening efforts to reform the economy with upcoming challenges at political, economical as well as security level.

DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading       teams view on past and current economic and capital market environment. It is not and shouldn´t been viewed   as an investment advice and the creator of this material shouldn´t been hold liable for any loss resulting from       action where despite this disclaimer someone would consider this  material  as an investment advice.