World Markets Roiled As Turkey Currency Crisis Goes Global

While the world remains focused on ground zero of the latest emerging markets crisis, Turkey, and whether contagion from its plunging currency will further pressure global asset.....»»

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......»»

U.S. stocks fall early Friday, with Wall Street tracking a global equity retreat fueled by the mounting currency crisis in Turkey, which raised the alarm for possible contagion into other markets......»»

A new air of cautiousness is hanging over markets, and it could continue in the week ahead as investors navigate Turkey's currency collapse and the fallout across global markets......»»

A new air of cautiousness is hanging over markets, and it could continue in the week ahead as investors navigate Turkey's currency collapse and the fallout across global markets......»»

Turkey's currency nosedived again Monday as fears deepened about the country's ability to deal with a crisis that has rattled markets around the world......»»

The Turkish lira dropped again Monday as the country wrestled with a crisis that has rattled markets around the world......»»

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......»»

World markets shuddered on Monday, as Turkey's worsening currency crisis .....»»

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......»»

Global markets were mostly steady Friday, capping a rocky week driven by a crisis in Turkey, a selloff in Asian technology shares and concerns about world trade......»»

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......»»

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)......»»

A new breed of trading algorithms has deftly navigated the turbulence in currency markets caused by the coronavirus pandemic, driving up demand for robots and potentially reshaping the world of foreign-exchange dealing beyond the crisis......»»

Investors have been hoarding cash at a rate not seen since the immediate aftermath of the attack on the World Trade Center in Sept 2001, BofA's April fund manager survey showed, as the coronavirus roiled global financial markets......»»

Global stock markets fell in volatile trading on Tuesday, and the economic damage from the coronavirus pandemic left the MSCI benchmark of world equities with its biggest quarterly decline since the financial crisis of 2008......»»

Global stock markets dipped in volatile trading on Tuesday as investors assessed the economic damage from the coronavirus pandemic, while the MSCI benchmark of world equities was on pace to finish its worst quarter since the financial crisis of 2008......»»

Global stock markets slid on Tuesday as investors continued to assess the economic damage from the coronavirus pandemic, leaving the MSCI benchmark of world equities on pace to finish its worst quarter since the financial crisis of 2008......»»

The U.S. Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars in a bid to combat the coronavirus pandemic that has roiled markets and paralyzed large parts of the world economy......»»

On the last day of a historic week for global markets, there’s little sign of an end to the volatility that roiled bonds and currencies and sent stocks to their steepest plunge since the depths of the global financial crisis......»»