GLOBAL MARKETS-Stocks, dollar pause their climbs; lira locked in tailspin - NewsBreak
By Austine in Business
Updated 2 years ago
* Turkish currency near collapse as cenbank poised to cut rates. * European gas prices consolidate 60% surge this month. * Graphic: Global asset performance tmsnrt.rs/2yaDPgn. LONDON/SYDNEY, Nov 18 (Reuters) - World stock markets and the dollar rally stalled on Thursday, oil skidded on talk of a coordinated release of reserves, while Turkey's lira tumbled again on bets its central bank would defy economy logic later and slash interest rates.