Turkey promised to help stem the flow of migrants to Europe in return for cash, visas, and renewed talks on joining the EU in a deal struck on Sunday.» Read More
Turkish citizens went to vote Sunday in an election with a lot at stake.
Turkey's economy has been on a tear, but this election may mark a turning point for the lira. Here's how to trade it.
While its stock exchange was a shining performer last year, Turkey is now facing the reality of an unorthodox monetary policy that is failing to gain traction. It comes ahead of an important election on June 12, and raises some serious concerns among foreign investors as to whether the world’s 17th biggest economy is overheating.
On paper Kemal Dervis would seem to be the perfect candidate to succeed Dominique Strauss-Kahn as leader of the International Monetary Fund. The New York Times reports.
On the latest Money In Motion show, I proposed a dollar-Turkish lira trade. Here's an update.
Turkey is growing fast, as is inflation there- and that's all good for the Turkish lira, these traders say.
Just because a country's inflation picks up doesn't mean interest rates are about to rise as well - but currency investors can still make money. Here's how.
After appearing on "The Strategy Session" on Thursday, Judah Kraushaar, managing partner of Roaring Brook Capital, a hedge fund focused on U.S. mid-cap companies, continued the discussion off-air with David Faber, about what could hold back emerging markets.
The strategist known for coining 'BRICs' shares his insight for the next batch of "growing economies" in 2011.
London-based beverage company Diageo is in preliminary discussions to acquire Turkish spirits maker Mey Icki which would expand its market share in the developing world, according to a report that appeared in the Wall Street Journal Thursday.
For decades, Turkey has been told it was not ready to join the European Union — that it was too backward economically to qualify for membership in the now 27-nation club. That argument may no longer hold. The NYT reports.
The Israeli-Turkish alliance so abruptly shattered in the past few days may have been born of military necessity, but it was still real.
With one action, Turkey now appears to be the defender of the Palestinians in Gaza, usurping the role that Iran has been trying to claim. Israel was trying to keep control of Gaza and will claim they were provoked and attacked first.
The U.S. dollar's strength appears to be waning as the focus turns from Europe's debt worries to China's possible appreciation of its currency, Chris Zwermann, global strategist and technical analyst at Zwermann Financial said Tuesday.
The risk of default for Greek debt is priced much higher than that of Eastern European countries like Romania or Turkey. But Greece is rated investment grade while the two Black Sea countries are rated below investment grade.
Fast Money’s Ambassador thinks Turkey may present opportunity despite the nation's political turmoil.
Investing in Turkish stocks could bring strong gains over the next year and a rally in the country's currency could give those gains an extra boost, Chris Zwermann, global strategist at Zwermann Financial, told CNBC Wednesday.
The dollar has turned a corner against the yen, Robin Griffiths, technical analyst at Cazenove Capital, said Monday.
The market won't retest its March lows, but it will turn choppy around January or February, said Joe Quinlan, chief market strategist at Bank of America.
Fast Money’s emerging markets trader Tim Seymour talks turkey about trading Turkey!