Advertisements


World Markets Roiled As Turkey Currency Crisis Goes Global

For once it's not about trade wars... but the alternative is hardly better. European stocks tumbled most in a month, following Asian shares lower following contagion fears that Turkey’s economic problems will spill .....»»

Category: blogSource: zerohedgeAug 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

Italy Gives ECB An Ultimatum: "Guarantee" Bond Spreads Or "Euro Will Be Dismantled"

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.....»»

Category: blogSource: zerohedgeAug 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: reuters21 hr. 7 min. ago

Global Markets Steady After Choppy Week

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......»»

Category: topSource: wsj22 hr. 37 min. ago

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

World stocks hit one-month low as Turkish rout spreads

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

Category: videoSource: reutersAug 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

Turkey"s currency crisis rages on as lira sinks again

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

Category: topSource: cnnAug 13th, 2018

Turkey"s currency crisis gets worse with fresh 11% plunge

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......»»

Category: topSource: cnnAug 13th, 2018

Week ahead: Markets watch for fallout from Turkey currency crisis

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......»»

Category: topSource: moneycentralAug 12th, 2018

Week ahead: Markets watch for fallout from Turkey currency crisis

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......»»

Category: topSource: moneycentralAug 12th, 2018

NewsWatch: Stocks fall as Turkey’s currency crisis spotlights global risks

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......»»

Category: topSource: marketwatchAug 10th, 2018

Global stocks edge higher as Turkey worries offset U.S.-China trade talks

NEW YORK - Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would resolve concerns over trade tariffs......»»

Category: topSource: reuters14 hr. 22 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

Turkey"s Albayrak tells investors the country will emerge stronger

Turkish Finance Minister Berat Albayrak hosted a conference call with global investors on Thursday in a bid to reassure them that policymakers are able to tackle the worst currency crisis the country has suffered since 2001......»»

Category: topSource: reutersAug 16th, 2018

One trader lost $19 million on the Turkey turmoil — here are the winners and losers from the crisis

Reuters; Reuters The collapse of the Turkish lira is the big story in global markets. A big winner has been Deutsche Bank's CEEMEA de.....»»

Category: topSource: businessinsiderAug 16th, 2018

In eye of the storm, Turkey"s new finance chief faces credibility test

Turkish Finance Minister Berat Albayrak faces a key credibility test on Thursday when he hosts a conference call with global investors to reassure them that policy makers can contain the country's worst currency crisis since 2001......»»

Category: topSource: reutersAug 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

Market Extra: Turkey’s woes won’t trigger a full-blown crisis across emerging markets, economist says

Turkey’s currency crisis is sending ripples through global financial markets, but analysts say it isn’t necessarily a death sentence for all emerging-market currencies......»»

Category: topSource: marketwatchAug 16th, 2018

Asian Markets Bet on Success in Trade War

Asia stocks opened sharply lower on Thursday, joining a global sell-off on concerns over Turkey’s financial crisis but later pared losses on news that China and the US wo.....»»

Category: topSource: livetradingnewsAug 16th, 2018