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Tuesday, August 14, 2018

Asia tries to find its footing after Turkish tremo

Asian share markets tried to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed a little and Wall Street proved resilient to the shockwaves.
Japan’s Nikkei led the early running with a gain of 1.0 percent, while Australia added 0.4 percent.
MSCI’s broadest index of Asia-Pacific shares outside Japan was flat having found support above the July low of 525.52. Emini futures for the S&P 500 edged up 0.2 percent, while 10-year Treasury yields held at 2.88 percent.
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