Weekly Tracker: September 15-21

TURKEY - Report 15 Sep 2013 by Murat Ucer and Atilla Yesilada
Executive Summary An American military intervention in Syria is off the table, which leaves Ankara out in the cold. The milestone event in the Kurdish Peace Process is the announcement of the Reform Package during the coming week. Will PM Erdogan bite the electoral bullet and give Kurds what they want? If he budges, the street protests could turn into a torrent, undermining business sentiment. Fears of a retaliatory attack on Dogan and Koc Groups are already causing concerns in the markets. Past week’s growth numbers (July IP and Q2 GDP) were stronger, and the CAD figure was wider than expe...

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