Positive Technical News for the Turkey ETF

The iShares MSCI Turkey ETF (NYSEArca: TUR) jumped 4.6% during Tuesday’s after-hours session, an uncommon after-hours move for any ETF, after the Turkish central bank raised its overnight lending rate to 12% from 7.75% and more than doubled the overnight borrowing rate to 8% to 3.5%. Eschewing the...