The markets were a little calmer in the first half of today’s session as the Turkish lira finally stopped falling, while the pound staged a short-lived bounce in the aftermath of mixed-bag UK data. The dollar was little changed, rising most notably against the yen thanks to the slight reduction in risk aversion. Stocks rebounded but were again coming under pressure at the time of writing. Oil prices rose but gold and silver remained near yesterday’s lows following their big slide.
From:: Resource Investor