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15 Aug

Stocks - Tesla Hit Hard Midday After SEC Report

Stocks - Tesla Hit Hard Midday After SEC Report

Tesla (NASDAQ:TSLA) stock sank midday on a report that the Securities and Exchange Commission is moving forward in an investigation about Elon Musk’s tweets about potentially taking the company private.

15 Aug

South Africa's Rand Plunges as Moody's Warns on Fiscal Deficit

South Africa's Rand Plunges As Moody's Warns On Fiscal Deficit

(Bloomberg) -- South Africa’s rand plunged against the dollar after Moody’s Investors Service said the pace of fiscal consolidation will be slower than government forecasts as weaker-than-expected economic growth and a rising public sector wage bill act as fiscal headwinds.

15 Aug

Dollar hits 13-month high as Turkey crisis rumbles on

Dollar Hits 13-month High As Turkey Crisis Rumbles On

LONDON (Reuters) - The dollar rose on Wednesday to its highest levels in over a year as a crisis in the Turkish lira that has spread to emerging markets fed demand for the greenback as a safe-haven asset.

15 Aug

Forex - Dollar near 13-Month Highs, Turkish Lira Rallies

Forex - Dollar Near 13-Month Highs, Turkish Lira Rallies

The dollar was trading near 13-month highs against a currency basket on Wednesday amid fears over contagion effects from Turkey's financial crisis, while the Turkish lira rallied after Ankara hit the U.S. with fresh tariffs.

14 Aug

Forex - Turkish Lira Rebounds 8% As Risk Sentiment Returns

Forex - Turkish Lira Rebounds 8% As Risk Sentiment Returns

The Turkish lira rallied on Tuesday, as the currency found its footing following two days of intense selling after the country's central bank pledged to provide liquidity in response to a meltdown which has unsettled global markets.

14 Aug

Forex - Turkish lira Rebounds 6% As Risk Sentiment Returns

Forex - Turkish Lira Rebounds 6% As Risk Sentiment Returns

The Turkish lira rallied on Tuesday, as the currency found its footing after two days of intense selling after the country's central bank pledged to provide liquidity in response to a meltdown which has unsettled global markets.