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Turkey Crisis Rattles Currency Markets, Pushes Dollar Higher

The Turkish lira tumbled as much as 12% against the dollar, a shock that set off sharp falls in other emerging-market currencies and in the shares of several big European banks......»»

Category: topSource: wsjAug 10th, 2018

Turkey, China strike fear in global markets

Equities around the world took a dive on concerns the global economy could weaken as Turkey faces a currency crisis, China steps up its trade battle with U.S. and the dollar hits a 13-month high......»»

Category: videoSource: reutersAug 15th, 2018

Australian Dollar: USD/AUD (AUD=X) hits 20-month low as Turkish crisis rattles markets

Australian Dollar: USD/AUD (AUD=X) hits 20-month low as Turkish crisis rattles markets The Australian dollar fell to an 18-month low against the US dollar on Monday, as worries about an impending financial crisis in Turkey prompted .....»»

Category: topSource: livetradingnewsAug 13th, 2018

Currencies: Dollar higher as Turkey currency carnage continues

Turkey’s currency crisis continues, lifting the dollar and haven currencies, such as the Japanese yen......»»

Category: topSource: marketwatchAug 13th, 2018

World stocks hit one-month low as Turkish rout spreads

World markets shuddered on Monday, as Turkey's worsening currency crisis persuaded investors to dump equities and emerging markets and flee to safer assets such as government bonds and the dollar......»»

Category: topSource: reutersAug 13th, 2018

Currencies: U.S.-China trade talks help risk appetite in currency markets; dollar inches higher

After a day dominated by Brexit headlines, currency markets are driven by news on the trade front on Tuesday, helping risk appetite across the board......»»

Category: topSource: marketwatchDec 11th, 2018

Currencies: Dollar gains pause after Tuesday rally; euro turns higher

Lack of economic data and few clear drivers leave currency markets on the quieter side on the Wednesday ahead of Thanksgiving, as major pairs retrace some of the previous day’s moves......»»

Category: topSource: marketwatchNov 21st, 2018

Turkey Raises Rates to Tackle Crisis, Sending Lira Higher

Turkey’s central bank raised interest rates by more than 6 percentage points in a long-awaited move to tackle its economic crisis, sending the embattled lira sharply higher against the dollar......»»

Category: topSource: wsjSep 13th, 2018

The Emerging Markets Currency Crisis: What Investors Should Know

As the U.S. dollar rallies, other nations, especially those with emerging markets, are suffering from weakening currencies against the benchmark. Starting.....»»

Category: smallbizSource: nytSep 4th, 2018

Bond Report: 10-year, 30-year U.S. government debt yields hit 2-week high

Treasurys came under pressure, pushing yields higher, on Tuesday amid reports that Germany was contemplating extending financial aid to Turkey, which is in the throes of currency crisis......»»

Category: topSource: marketwatchAug 28th, 2018

Turkey"s economic pain felt as far as Tennessee

Turkey's currency crisis has roiled emerging-markets investors far and wide, including the U.S. state of Tennessee, where the state's retirement system is the biggest institutional holder in a Turkey exchange-traded fund (ETF)......»»

Category: topSource: reutersAug 27th, 2018

The gold rush is over

Concerns that Turkey's currency crisis will spill into other emerging markets ? and maybe Europe ? aren't spooking investors much. Just look at gold......»»

Category: topSource: moneyAug 20th, 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

Investors flee risk as bear markets multiply: BAML

Investors pulled billions from equities this week, shifting into bonds and high dividend-yielding sectors as Turkey's currency crisis sparked a global selloff and emerging markets entered bear territory, an analysis of fund flows showed on Friday......»»

Category: topSource: reutersAug 17th, 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

Market Snapshot: U.S. stock futures point to higher open, Cisco set to lift tech sector

U.S. stock-index futures were modestly higher on Thursday, suggesting a modest rebound from the previous session’s sharp decline as the currency crisis in Turkey showed signs of stabilizing and the U.S. and China appeared set to resume trade talks......»»

Category: topSource: marketwatchAug 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

Asian shares trim losses on renewed Sino-U.S. talks; Turkey, China worries weigh

Asian shares pulled away from one-year lows on Thursday, after Beijing said it will hold trade talks with Washington this month, although Turkey's currency crisis and fears of an economic slowdown in China kept most markets in the red......»»

Category: topSource: reutersAug 16th, 2018

U.S. stocks drop as dollar surges, trade row heats up

U.S. stocks sold off on Wednesday on concerns over a strengthening dollar, Turkey's currency crisis and global trade tensions, with all three major indexes on track for their worst days since late June......»»

Category: topSource: reutersAug 15th, 2018

Turkey"s new finance chief faces credibility battle with markets

Facing Turkey's gravest currency crisis since 2001 in his first month in the job, Finance Minister Berat Albayrak has the daunting task of reassuring global investors that the economy is not hostage to political interference......»»

Category: topSource: reutersAug 15th, 2018

Turkey, trade worries hit Wall Street

U.S. stock indexes fell sharply on Wednesday, hurt by concerns over a stronger dollar and Turkey's currency crisis, as well as over the trade tensions with U.S. trading partners that have dominated the first half of 2018......»»

Category: topSource: reutersAug 15th, 2018