US stock indices updated highs and the S&P 500 closed above 2.900. Long-term bonds showed a yield of 2.9%, while shares of technology and construction companies grew.
The international rating agency Moody's downgraded the rating of 20 Turkish financial institutions after the Turkish lira lost over 40% of its value since the beginning of the year. This fall is due to strained relations with the US and the imposition of sanctions on Turkey due to the detention of an American pastor by the Turkish authorities.
Japanese stocks fell under the sell-off and stock indices declined. According to the Japanese Exchange Group, since August 17 the total capitalization has decreased by 34.7 billion dollars, which is the biggest drop since 1987.
Against the backdrop of Iran's "ultimatums," oil prices continue to rise, despite record production in the US.
Bitcoin was able to overcome the mark of 7.000 by giving hope to investors and gave the market a boost.
