Fri, 14 Sep 2018 10:10
Asian markets build on trade talks rally, Turkish lira holds up
Asian markets extended their gains Friday on hopes for China-US trade talks, while Turkey's lira held up after a shock hike in the country's interest rate and a dip in US inflation.
Mon, 03 Sep 2018 14:36
Turkey inflation surges to 15-year high in August
Inflation in Turkey rose again in August to nearly 18 percent, official statistics showed on Monday, a record since late 2003 and coming after the Turkish lira dramatically weakened against the US dollar last month.
Fri, 31 Aug 2018 07:06
Stocks rally hits pause, peso and lira tumble
Stock markets dropped Thursday on profit-taking after a recent run higher on optimism on trade deals, and news on more US tariffs on China, while Argentina's peso and the Turkish lira tumbled.
Wed, 15 Aug 2018 06:56
Equities enjoy breather as Turkish lira rebounds
Turkey's lira recovered steadily Tuesday, taking the pressure off stock markets, with European bourses finishing little changed and Wall Street pushing higher.
Wed, 15 Aug 2018 06:48
Turkish lira dip spells trouble for Asian markets
Concerns over US tariffs on Turkish steel and aluminum sent destabilizing ripples across the region