Turkey : strong decrease – 10/10/17

The decline in TUR (Lyxor) prices accelerated with a drop of 5.2%, to 41.5 € for the day of Monday 9 October, following a series of declines since late August (48.9 €)

Tensions with the United States, materialized by the suspension of visa services between the two countries, plunged the Turkish Lira at the beginning of the week, causing the Turkish Stock Exchange to fall.

Turkey, although driven by dynamic growth (4% anticipated for 2017), could be one of the big losers of the US rate hikes.

TUR (Lyxor DJ Turkey Titan 20 ETF) : weekly data

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