Coup In Turkey Repulsed, Risk-Appetites Return

The US dollar and the yen are trading heavy, while risk assets, including emerging markets, and the Turkish lira, have jumped.   Sterling is the strongest of the majors.  It is up about 0.5% (~$1.6365), helped by the opportunity of GBP23.4 bln foreign direct investment and comments from a hawkish member of the MPC