Signals of distress are beginning to appear in developing markets, especially those with high current account deficits, such as Turkey, following a Royal Bank of Scotland, or RBS, analyst's warning on market slump last week. After Bob Janjuah's �all markets will slump within the next three months� warning, many giant investment banks, who have doubled their fund for investments in emerging markets within the last two years, have started to downsize their presence in those markets.

Full story: turkishdailynews.com.tr