Russia lags EMEA on weak oil prices; Turkey’s lira rises
Russian stocks and currencies were laggards in Europe, the Middle East and Africa (EMEA) on Tuesday due to weak oil prices, while most other regional markets gained on the back of improving U.S. economic data.
The rouble fell about 1% to the dollar, while stocks were weighed down by losses in major energy firms.
Oil prices retreated amid concerns that a...
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