Turkey Coup Impact Seen Limited But Instability Fear Remains

July 17, 2016 8:48 PM

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Turkey Coup Impact Seen Limited But Instability Fear Remains

London, United Kingdom: Turkey's failed military coup may prompt some flight to safe-haven assets on Monday but there will only be a more serious longer-term impact for investors if instability persists in the strategically important emerging market.

Strategists and economists said today the fact that the coup, launched while US markets were still trading on Friday, had been put down would limit its impact on developed markets.

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