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Global Markets: Turkish turmoil, rouble woes knock euro, riskier assets

Reuters  |  SHANGHAI 

By Andrew GalbraithSHANGHAI (Reuters) - Worries over the plunging Turkish lira and Russian rouble pulled the euro lower on Friday and rippled through riskier assets worldwide, sending stock markets lower and buoying safe haven assets such as U.S. Treasuries.The euro fell to its lowest level since July 2017 and the dollar rallied as Washington piled pressure on Ankara and Moscow. The lira went into free-fall, sinking more than 10 percent to all-time lows.European stocks looked set to start well in the red, following losses in Asia and U.S. futures.Spreadbetters indicated London's FTSE was set ...

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First Published: Fri, August 10 2018. 12:08 IST
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