• MARKETS: Small biz owners ecstatically optimistic, July export prices post surprise drop
    Yahoo Finance Video11 hours ago

    MARKETS: Small biz owners ecstatically optimistic, July export prices post surprise drop

    Yahoo Finance's Jared Blikre joins Alexis Christoforous from the floor of the New York Stock Exchange to break down the latest market moves.

  • The Wall Street Journal28 minutes ago

    Sinking Turkish Lira, Indian Rupee Fuel Fears of Contagion

    Sharp declines in the Turkish lira, Indian rupee and other currencies have raised the prospect of a self-reinforcing flight from riskier emerging markets. Across the world, the Argentine peso fell another 2.1%, even after an emergency increase in interest rates to 45% from 40%. In recent days, world equity markets have traded down, and currencies from Mexico, South Africa and Indonesia sold off, despite minimal economic links to Ankara.

  • Fear-based selling behind bitcoin slump, says one analyst
    MarketWatch4 hours ago

    Fear-based selling behind bitcoin slump, says one analyst

    After holding support at $6,000 over the weekend, that line for the No.1 digital currency finally gave way late Monday.

  • Swashbuckling Dollar Powers to Nearly 18-Month Highs as Euro Slumps
    Investing.com5 hours ago

    Swashbuckling Dollar Powers to Nearly 18-Month Highs as Euro Slumps

    Investing.com - The dollar rose against its rivals to an 18-month high Tuesday, supported by a slump in the euro as concerns over Turkey's vulnerable economy persisted despite a rebound in the lira.

  • U.S. Dollar Surges as Turkish Economic Worry Wanes
    Investing.com6 hours ago

    U.S. Dollar Surges as Turkish Economic Worry Wanes

    The U.S. dollar was stronger against other currencies on Tuesday, as political tensions eased and the Turkish lira recovered. The Turkish lira rallied on Tuesday, breaking a 5-day losing streak after the country's central bank pledged to provide liquidity in response to a meltdown that has unsettled global markets. Turkish Finance Minister Berat Albayrak is expected to hold a conference call with investors from the U.S., Europe and the Middle East on Thursday, his first since assuming the post almost two months ago.

  • Gold Price Prediction – Gold Consolidates Experienced Dead Cat Bounce
    FX Empire7 hours ago

    Gold Price Prediction – Gold Consolidates Experienced Dead Cat Bounce

    Import prices were nearly unchanged and should continue to face headwinds as a stronger dollar reduces the cost in other currencies. Gold prices traded sideways as traders where unwilling to take a stab they would move higher. Momentum has turned negative as the MACD (moving average convergence divergence index) line generated a crossover sell signal.

  • Why Turkey’s crisis doesn’t spell doom for all emerging-market currencies
    MarketWatch7 hours ago

    Why Turkey’s crisis doesn’t spell doom for all emerging-market currencies

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

  • Gold Rallies as Dollar Softens and Turkish Lira Recovers
    Investing.com8 hours ago

    Gold Rallies as Dollar Softens and Turkish Lira Recovers

    Gold prices recovered from an 18-month low on Tuesday, as the U.S. dollar softened, . Comex gold futures for August delivery rose 0.47% to $1,204.50 a troy ounce as of 10:37 AM ET (14:37 GMT). Gold fell to an 18-month low on Monday, after economic turmoil in Turkey caused the Turkish lira to plunge to an all-time low of 7.1289.

  • European stocks close little changed; Turkey’s lira stabilizes
    MarketWatch8 hours ago

    European stocks close little changed; Turkey’s lira stabilizes

    The pan-European index registers its first advance in three sessions — just barely — as Turkey’s currency meltdown shows signs of steadying.

  • Stocks - Wall Street Rises as Turkish Lira Rebounds
    Investing.com9 hours ago

    Stocks - Wall Street Rises as Turkish Lira Rebounds

    In commodities, gold futures rose 0.33% to $1,202.90 a troy ounce, while crude oil futures increased 1.44% to $68.17 a barrel. The U.S. dollar index, which measures the greenback against a basket of six major currencies, rose 0.07% to 96.23.

  • Bitcoin Plunges in Crypto Sell-Off
    Investing.com9 hours ago

    Bitcoin Plunges in Crypto Sell-Off

    Investing.com - Cryptocurrencies slumped in a massive sell-off on Tuesday, with Bitcoin falling to its lowest level since November.Bitcoin plunged 6.59% to $6,071.00 on the Bitfinex exchange, as of 8:50 AM ET (12:50 GMT), but still remained near a three-and-a-half-week low.The price of digital coins had risen in the end of July over rumors that the U.S. Securities and Exchange Commission could approve the first crypto exchange traded fund. But prices plunged after the agency postponed its decision to September.Cryptocurrencies overall lost almost $24 billion in the last 24 hours. ...

  • Stocks- U.S. Futures Rise as Investors Shrug Off Turkey’s Economic Woes
    Investing.com11 hours ago

    Stocks- U.S. Futures Rise as Investors Shrug Off Turkey’s Economic Woes

    Investing.com – U.S. futures were higher on Tuesday as investors shrugged off economic uncertainty in Turkey.The S&P 500 futures rose 11 points, or 0.39%, to 2,836.50 as of 6:45 AM ET (10:45 GMT) while Dow futures were up 97 points, or 0.38%, to 25,312.0. Meanwhile tech heavy Nasdaq 100 futures increased 39 points, or 0.53%,to 7,456.25.The Turkish lira rallied on Tuesday, breaking a 5-day losing streak after the country's central bank pledged to provide liquidity in response to a meltdown which has unsettled global markets.The struggling currency sank to an all-time low of 7. ...

  • Top 5 Things To Know In The Market On Tuesday
    Investing.com13 hours ago

    Top 5 Things To Know In The Market On Tuesday

    Investing.com - Here are the top five things you need to know in financial markets on Tuesday, August 14:

  • Reuters13 hours ago

    India not worried about weak rupee if other currencies depreciate - finmin official

    India would not be concerned if the rupee currency fell to 80 against the dollar after hitting an all-time low of 70.1 on Tuesday, as long as other currencies also depreciated, a senior finance ministry official said. The rupee, which has fallen more than 8 percent this year, has pushed up prices of imported items such as petroleum products, commodities, electronics and engineering equipment, creating a headache for Prime Minister Narendra Modi ahead of a general election due early next year. Subhash Chandra Garg, economic affairs secretary at the finance ministry, said the rupee was still performing better than some other currencies and the country had sufficient foreign exchange reserves.