Turkish crisis influenced stock markets around the world: Market News

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Turkish crisis influenced stock markets around the world: Market News

August 13, 2018 - 12:30
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According to Bloomberg, there is a general decline on global markets today as deepening economic crisis in Turkey leaves its trace everywhere. All-Country World Index MSCI declined by 0,5%. Dollar and yen are growing.

Photo © Gerd Altmann, CC0 1.0

According to Bloomberg, there is a general decline on global markets today as deepening economic crisis in Turkey leaves its trace everywhere. All-Country World Index MSCI declined by 0,5%.

Dollar and yen are growing. Bloomberg Dollar Spot Index gained 0,3%. Yen rose by 0,4% to 110,36 per dollar.

Turkish lira lost another 6% to 6,8451 per dollar.

Banks show the biggest decline in Stoxx Europe 600 index that fell by 0,4%. Euro lost 0,3% to $1,138. Futures of Dow, S&P 500 and Nasdaq fell after large declines in Asian markets. S&P 500 index declined by 0,3%. MSCI Index for Emerging Markets fell today by 1,7%.

Gold price is getting closer to $1200 per ounce. Other commodities are losing positions as well. Oil is traded below $68 per barrel. LME copper lost 1,1% and costs $6121 per ton. Bloomberg Commodity Index fell by 0,6%.