Fresh Covid cases dent sentiment in Asia as Turkish lira surges


Source: world-news-monitor.com world-news-monitor.com

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Fresh Covid cases dent sentiment in Asia as Turkish lira surges Irish Times | May 17, 2021 at 12:49 PM Turkey’s lira recovered from near record lows on Monday, as the country lifted some Covid-19 restrictions, while gains in most other emerging market assets were capped by concerns over rising virus cases in Asia, and disappointing Chinese data. The currency was set for its best day since early April. Chile’s stocks and the peso were widely expected to open lower, after the country’s centre-right ruling coalition suffered a shock loss as voters backed independents for the body that will draft...