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Global Markets: Asian shares, euro trampled as Turkish rout spreads

Reuters  |  SYDNEY 

By Wayne ColeSYDNEY (Reuters) - Turkey's lira recouped some of its losses as the country's central bank took steps to stem the currency's freefall while Asian shares were a sea of red as investors fled to safer assets such as the dollar, Swiss franc and yen.The run from risk dragged MSCI's broadest index of Asia-Pacific shares outside Japan down 1.5 percent to a near one-year low. Japan's Nikkei lost 2.0 percent with every bourse in the region in the red.EMini futures for the S&P 500 were off 0.3 percent, while 10-year Treasury yields dipped further to 2.85 percent. Spreadbetters pointed to a ...

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First Published: Mon, August 13 2018. 13:03 IST
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