Global Investors Hold Breath as Turkey Sucks Air From Risk Rally

Updated on
  • A risk-on week ends in doubt as army attempts government coup
  • ‘The market can get things wrong pretty fast,’ an analyst says

Shops are closed at Kizilay district of central Ankara on July 16.

Photographer: Erhan Ortac/Getty Images

An encouraging week for global investors ended in anxiety as an attempted coup in Turkey thrust geopolitical tensions back to the fore, blindsiding bulls preparing to celebrate rallies from Tokyo to New York.

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