The hopes for the situation turning for the better have gone to worse as Turkey has worsened the situation with the USA by Erdogan stating the turkey is going to drop purchasing iPhones which will inevitably lead to the drop in Apple sales. Stocks across Asia and Europe have mixed performance with more losses than gains.
Shanghai Composite dropped 1.7 percent.
Topix declined 0.8 percent.
Hang Seng lost 1.7 percent.
S&P 500 futures lost 0.1 percent.
Stoxx Europe 600 went up 0.05 percent.
MSCI All-Country World dipped 0.3 percent.
MSCI Emerging Market fell 1 percent to the lowest point in more than a year.
Equities are pressured by the growing greenback that had a little setback yesterday but seems to have bounced back just fine.
Dollar gained 0.1 percent against the six major currencies and that successfully brought it back to the 14-months-high position.
Euro declined 0.2 percent - $1.1322 which is the weakest position for the European currency in more than a year.
Lira recovered 4 percent – 6.1065 for dollar.
Commodities are still in shock from the dollar as strong as it is right now.
WTI oil lost 0.97 percent - $66.39.
Brent shed 0.87 percent - $71.83 per barrel.
Natural gas lost 0.41 percent - $2.95 per MMBtu.
Gold decreased 0.67 percent - $1.192.70 per ounce.
Silver follows gold on the down-way and loses 1.28 percent for the ounce. The price is $14.86.
Corn lost 0.6 percent - $374.25 per bushel.
Metric ton of cocoa lost 0.33 percent - $2.143.00.