Macquarie's Idris Doesn't See Full Scale Erdogan Victory

Idris expresses a negative outlook on the Turkish lira, citing political and economic challenges such as a low victory margin, potential protests, and a significant current account deficit. Despite these issues, some analysts, like those at JPMorgan, see potential opportunities in the Turkish market. The discussion also touches on future political events and the Central Bank's credibility. Additionally, the geopolitical situation in Korea is addressed, focusing on the impact of North Korean missile tests on the South Korean won.

What role does the Central Bank's credibility play in the economic outlook for Turkey?

How might geopolitical tensions, such as those involving North Korea, impact economic perceptions in the region?