Currency Crisis: Saudi Arabia and Emerging-Market Gains

currency crisis: While the US dollar's mini-bounce off two-week lows checked emerging-market gains, they were supported by easing tensions between Saudi Arabia and the United States, as well as signs that Turkey's currency crisis had been laid to rest, according to Nine News Australia. A pan-European equity index rose 0.15 per cent to a one-week high. To improve your experience update it here News World World stocks extend rise after US earnings8 19pm Oct 17, US company earnings improved the mood on world equity markets, as Asian and European shares put aside concerns on global growth and trade and took their cue from Wall Street's best one-day rise in eight months. Earlier, MSCI's ex-Japan share index added 0.6 per cent while Japan's Nikkei jumped 1.3 per cent. They are set for another strong session, equity futures signalled. The gains follow a scintillating New York session where the three major indexes tallied their biggest one-day percentage gains since March, rising more than 2 per cent each. (news.financializer.com). As reported in the news.