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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

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: reuters20 hr. 51 min. ago

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

Wall St slips, turns risk averse on strong dollar, trade worries

U.S. stock indexes slid on Wednesday in a broad decline over concerns of a strengthening dollar, Turkey's currency crisis and United States' trade relations with its partners......»»

Category: topSource: reutersAug 15th, 2018

Wall St. slides as strong dollar, trade fears trigger risk aversion

The three main U.S. stock indexes slid more than 1 percent on Wednesday in a broad decline over concerns about the strengthening dollar, Turkey's currency crisis and United States' trade relations with its partners......»»

Category: topSource: reutersAug 15th, 2018

Stocks tumble as Turkey"s financial crisis rattles markets

U.S. stocks fell on Wednesday as lingering concerns over Turkey's financial crisis weighed on investor sentiment. Declines in tech shares and banks also pressured the broader indexes......»»

Category: topSource: moneycentralAug 15th, 2018

Stocks tumble as Turkey"s financial crisis rattles markets

U.S. stocks fell on Wednesday as lingering concerns over Turkey's financial crisis weighed on investor sentiment. Declines in tech shares and banks also pressured the broader indexes......»»

Category: topSource: moneycentralAug 15th, 2018

Turkey, trade worries hit Wall Street again

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

Category: topSource: reutersAug 15th, 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

Market Snapshot: Stock market on track for lower open as Turkey remains in focus

U.S. stock-index futures are pointing to a lower open on Wednesday, suggesting markets would give back much of a recent gain as investors looked ahead to a batch of economic data and continued to monitor Turkey’s ongoing currency crisis......»»

Category: topSource: marketwatchAug 15th, 2018

Commodities are getting slammed as Turkey"s economic crisis causes chaos in markets

Peter Andrews/Reuters Commodity prices across the board sell off on emerging market crisis contagion fears and a stronger dollar. Industrial metals in particular are suffering, with copper falling to its lowest leve.....»»

Category: topSource: businessinsiderAug 15th, 2018