However, Turkey held elections over the weekend and the results, though surprising to some, were met with aplomb by global financial markets.
THD has had its own bouts with political volatility. In January,the Thai parliament voted to impeach former Prime Minister Yingluck Shinawatra and moved forward with criminal charges against Shinawatra for her role in a rice price-fixing scandal. She could face up to 10 years in jail if found guilty on the criminal charges. She has also been banned from leaving the country. [Thailand ETFs Rises Despite Small Outflows]
Investors have been departing previously favored emerging markets from South America to Asia with the latter being a significant cause for concern because international investors once viewed emerging Asia as a beacon of strength in the developing world. However, THD has surged nearly 8% over the past month.
iShares MSCI Thailand Capped ETF
