Emerging market stocks began the second quarter with strong gains on Thursday as data signalled a steady global economic recovery from a coronavirus-driven recession, while currencies eased under pressure ... Read More
European stocks were flat Monday morning, after stronger-than-anticipated jobs data on Wall Street tempered expectations for a Federal Reserve rate cut. The pan-European Stoxx 600 was little changed from ... Read More
European stocks finished Monday’s session higher, as investors awaited the outcome of trade talks between the world’s two largest economies, due to take place later this week. The pan-European ... Read More
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of ... Read More
Emerging market currencies tumble; U.S. futures trade lower; Turkish lira extends drop despite limits to swaps transactions. Stocks declined in Asia alongside the euro and emerging-market currencies, while Treasuries ... Read More
The pound stayed fragile on Tuesday after falling to an 11-month low against the dollar overnight on worries over a ‘hard’ Brexit from the European Union, while simmering U.S.-China ... Read More
The dollar fell to a two-week low against the yen on Monday as a latest flare-up in global trade concerns dented investor risk appetites and drove down U.S. yields. ... Read More
The Turkish lira rose against the U.S. dollar Monday, partially recovering from its largest one-day drop in nearly eight years as Turkey’s government reasserted control of the country after a failed ... Read More
The Turkish lira lagged an emerging market recovery on Tuesday, staying under pressure after a deadly bomb blast in central Istanbul rattled investors but failed to cause sharp losses. ... Read More
The Turkish lira and the Istanbul stock market rose sharply on Monday after the surprise win by the ruling Justice and Development Party (AKP) on Sunday. The lira was ... Read More
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