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Turkish Lira Recovers

The Turkish lira jumped more than 1.5 percent on Tuesday in its biggest rally since mid-June, recovering from its biggest-ever drop the previous day, as Ankara and its Western allies weathered a potential diplomatic crisis. Ten foreign embassies said on Monday that they are committed to foreign agreements of non-interference …

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Market Drivers – Asian Session 26-10-2021

The trading session was quiet for most of the Asian session. The Nikkei average rose on Tuesday, boosted by optimism about corporate business results, and after overnight gains in US stocks pushed the Dow Jones Industrial Average and S&P 500 indexes to record levels. The Nikkei closed up 1.8 percent …

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Gold Hovers Near $1800 an Ounce

Gold fell in Tuesday morning trading in Asia. While the dollar, which usually moves in reverse with gold, rose 0.07% on Tuesday, recovering from a one-month low hit during the previous session. Gold futures were also down 0.07% at $1,805.55 by 11:15 PM ET as investors await this week’s key …

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