Turkey"s economy at risk as currency hits record low

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......»»

Gains in technology and energy shares pushed Wall Street's three main indexes to record highs on Monday, as hopes of a U.S.-China trade deal and an improving domestic economy boosted risk appetite......»»

Turkey's currency, the lira, has fallen to an all-time record low against the dollar amid fears of economic instability as the country heads toward snap presidential and parliamentary elections next month......»»

Turkey is trying desperately to halt a collapse in its currency that could trigger an economic crisis just as the country prepares to vote in an election......»»

The Indian rupee hit an all-time low of Rs. 69.62 against the U.S. dollar following the currency disorder in Turkey. The Turkish lira has been on a free fall, dropping 12% on Monday morning. Last week, on Friday, the currency [….....»»

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......»»

"In an inflationary crisis, governments will move to squash competitors in the currency arena. $BTC #gold," Burry tweeted. Michael Burry. Bloomberg TV Michael Burry expects the economy's reopening and more stimulus to fuel.....»»

The Fed is now more optimistic on the economy next year......»»

U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters......»»

U.S. business activity plumbed new record lows in April as the novel coronavirus severely disrupted manufacturing and services industry production, pushing the economy into uncharted waters......»»

Zacks.....»»

A hard-won trade war truc.....»»

The numbers are enormous WASHINGTON (AP) — A gyrating stock market is seizing headlines as the coronavirus threa.....»»

Yields on U.S. Treasuries plunged to historic lows on Friday as fear the coronavirus outbreak will slam the global economy drove investors to snap up risk-adverse assets and dump equities, overshadowing data highlighting a strong U.S. labor market......»»

Bitcoin is printing gains amid coronavirus-led risk-aversion in the traditional markets......»»

Global equity markets slid on Tuesday and the yield on 10-year U.S. Treasuries fell below 1% for the first time after the Federal Reserve cut interest rates in an emergency move to shield the U.S. economy from the impact of the fast-spreading coronavirus......»»

Coronavirus is a risk to growth in two ways as it pushes up the value of the currency to a four-month high against other currencies......»»

Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»

Wall Street indexes hit new record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»

Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war between Washington and Beijing......»»