Turkey faces election runoff, Erdogan seen with momentum
Reuters reported on the Turkish presidential elections from the start, noting President Erdogan's initial comfortable lead. However, as local news reported his lead dropping below 50%, a runoff became likely. Markets were paying close attention to the results, as Erdogan was facing the most serious challenge to his power in two decades. The lira and stock markets reacted negatively as Erdogan's position went against pre-election polling.0