A Turkish jet was shot down by the Syrian forces, on Friday.
Syria gave no warning before shooting down the F-4 Phantom jet which strayed into its territory, Turkish Foreign Minister Ahmet Davutoglu declared a firm position punishing this Syrian act. Turkey officially considers the shooting down of one of its military fighter jets by Syria to be a hostile act, the Turkish Foreign Ministry said Sunday.
The situation in Syria already seems to be out of control and many even suggest that the country is in a stage of a civil war. For the binary option community this means that the whole region’s stability is shaken and the binary markets are affected as well. Now after this Turkish – Syrian conflict escalations are likely to further damage the progression of the binary markets, especially, the local binary trends.
Moreover, Turkey stated that its planes was unarmed and was flying in international airspace when it was fired upon.