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How a currency meltdown in Turkey threatens Europe

Worries over a fragile Turkish economy and the risk of contagion in Europe unnerved investors on Friday and sent the lira to a record low against the US dollar......»»

Category: topSource: moneyAug 10th, 2018

Currency meltdown in Turkey threatens Europe

The Turkish lira plummeted as much as 17% against the dollar on Friday, deepening worries about the country's economic stability......»»

Category: topSource: moneycentralAug 10th, 2018

Currency meltdown in Turkey threatens Europe

Read full story for latest details......»»

Category: topSource: cnnAug 10th, 2018

How a currency meltdown in Turkey threatens Europe

Worries over a fragile Turkish economy and the risk of contagion in Europe unnerved investors on Friday and sent the lira to a record low against the US dollar......»»

Category: topSource: moneyAug 10th, 2018

Europe Markets: European stocks gain broadly as Turkey’s lira stabilizes

European stocks on Tuesday rose on Tuesday, putting the pan-European index on the verge of booking a gain for the first time in the past three sessions as an apparent currency meltdown in Turkey showed signs of steadying......»»

Category: topSource: marketwatchAug 14th, 2018

Turkey was ripe for a currency crisis. Will it spread?

The country’s plight sparks fears of an emerging-markets meltdown......»»

Category: topSource: moneycentralAug 16th, 2018

Challenged by US and market crisis, Turkey turns to Europe

Beset by a shaky currency and tension with the United States, Turkey is reaching out to Europe to shore up relations with major trading partners despite years of testy rhetoric and a stalled bid for EU membership......»»

Category: topSource: foxnewsAug 16th, 2018

Europe Markets: European shares stage modest rebound after prior day’s rout

European stocks rose slightly in early trading on Thursday, partially reversing steep declines in the previous session, which came on the back of falling commodity prices and ongoing uncertainty surrounding the currency crisis in Turkey......»»

Category: topSource: marketwatchAug 16th, 2018

Europe Markets: European stocks drop 1%, with commodity shares among largest decliners

European stocks edge higher in early trading Wednesday, as investors watched the continuing currency drama in Turkey, which showed some signs of stabilization......»»

Category: topSource: marketwatchAug 15th, 2018

Europe Markets: European stocks inch higher as Turkish lira extends rebound

European stocks edge higher in early trading Wednesday, as investors watched the continuing currency drama in Turkey, which showed some signs of stabilization......»»

Category: topSource: marketwatchAug 15th, 2018

Forex Experts Discuss Turkey, Lira Meltdown

Turkey's national currency, the lira, continues to trade near all-time lows against the U.S. dollar, and the country is approaching an economic crisis, the BBC reported. Here's what investors need to know Monday morning. read more.....»»

Category: blogSource: benzingaAug 13th, 2018

Wall St. opens flat as tech gains offset Turkey currency woes

U.S. stock indexes opened flat on Monday as a meltdown in the Turkish lira that dragged on shares of big U.S. lenders was offset by an uptick in technology stocks......»»

Category: topSource: reutersAug 13th, 2018

Futures drop on worries about Turkey currency crisis

U.S. stock index futures fell on Monday as a meltdown in Turkish lira weighed on shares of big U.S. lenders and triggered a widespread selloff in global equities......»»

Category: topSource: reutersAug 13th, 2018

European bank stocks lose more ground as concerns on Turkey spread

Shares in Europe's major banks lost further ground on Monday, as concerns about Turkey's deepening currency crisis spread to other emerging markets......»»

Category: topSource: reutersAug 13th, 2018

Turkey Meltdown: Lira Implodes As Panicked Sellers Spark Global Contagion

The Turkish currency crisis is finally here and it is sending shockwaves aroun.....»»

Category: blogSource: zerohedgeAug 10th, 2018

Market Snapshot: Stock-market investors weather Turkey storm, but should watch the dollar

As if global trade spats weren’t exciting enough, August has defied its sleepy reputation to bring investors a taste of an old-fashioned currency crisis in Turkey......»»

Category: topSource: marketwatchAug 18th, 2018

Moody"s downgrades Turkey to Ba3, assigns negative outlook

Moody's cut Turkey's sovereign credit rating deeper into "junk" territory on Friday, citing a weakening of public institutions and the related reduction in the predictability of policy making in a country which is facing a currency crisis......»»

Category: topSource: reutersAug 17th, 2018

S&P Global, Moody"s both downgrade Turkey"s sovereign ratings

S&P Global Ratings on Friday lowered Turkey's long-term foreign currency sovereign credit rating to 'B+' from 'BB-' with a stable outlook. "The downgrade refle.....»»

Category: topSource: marketwatchAug 17th, 2018

S&P lowers Turkey"s credit rating deeper into junk territory

Standard & Poor's said on Friday it had cut Turkey's sovereign credit rating deeper into "junk" territory, citing extreme lira volatility and forecasting a recession next year, adding to the country's woes as it deals with a currency crisis......»»

Category: topSource: reutersAug 17th, 2018

Turkey"s Collapse Could Send "Millions" Of Refugees Flooding Into Europe

As Turkey braces for a fresh round of US sanctions amid a plummeting lira and what Turkish President Recep Tayyip Erdoğan says is "economic warfar.....»»

Category: blogSource: zerohedgeAug 17th, 2018

Dow Jones Industrial Average (.DJI) surges 420 points

Dow Jones Industrial Average (.DJI) surges 420 points U.S. stock-index benchmarks surged in early Thursday trade, as strong corporate earnings helped to overshadow Turkey’s currency crisis and as China a.....»»

Category: topSource: livetradingnewsAug 17th, 2018