On Reelections, Rabbits and Ratings

TURKEY - Report 06 Aug 2015 by Murat Ucer

Markets seem focused on three issues/questions at the moment:

What is the latest on the coalition vs. reelection odds, given the cacophony of announcements coming out of Ankara?
What should we exactly make out of the CBRT Governor Basci’s latest announcement of simplifying the monetary policy framework?
Should we worry about a downgrade in tomorrow’s credit assessment by Moody’s?

We have addressed these questions in recent reports, but we thought it might be useful to provide a quick recap and an update…

Now read on...

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