Global stocks get slammed and major currencies go haywire on a wild Friday in markets
|08/10/2018||Posted by BusinessMediaguide.Com under General World News||
- Global markets were in turmoil on Friday, with a historic plunge in the Turkish lira at the center of the chaos.
- The lira’s decline capped a week of political news that unnerved investors, as the US ramped up sanctions on Turkey and Russia and as the United Kingdom fretted over a so-called no-deal Brexit.
- US investors shifted focus from strong corporate earnings to the rout in Europe, sending the major stock-market indexes lower.
- Watch the lira trade in real time here.
A slew of unnerving headlines this week from the United Kingdom, Russia, and Turkey culminated in a wild read more >>>