Silence Before the Storm, and Regardless |
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2008Q1 GDP results were announced this morning and markets were pleasantly surprised by the 6.6% figure as opposed to the consensus expectation of 5%. It will have a close to nil impact on local sentiment but foreign investors whose time horizon is usually longer than locals’ could interpret the figure a bit more favorably going forward Closure case might be approaching its final phase; SP will present his case orally in front of the Constitutional Court tomorrow and AKP will deliver its oral
Filed under: Fundamental
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