In Asian Equity Markets In Japan, the Nikkei 225 shed 0.44 percent after the last session’s near 500-point bounce. Most sectors traded lower, with the oil and coal products sector leading losses as oil prices slipped, while financials and technology also recorded declines. Among heavyweights, SoftBank Group dropped 1.29 percent and Fast Retailing slipped 0.27 percent. The Shanghai Composite was around 0.7 percent lower, with most major insurers, such as Ping An Insurance Group, trading more than 1 percent lower.

In Currency Markets the US dollar held firm near a 13-month high against a basket of major currencies on Wednesday after safe-haven demand on fears over fallout from the Turkish lira’s recent decline boosted the U.S. currency. The greenback’s strength was bolstered by the euro’s fall, which has been dogged by concerns over the exposure of European banks to financial turmoil in Turkey. The euro edged down a tad to $1.1339, close to a 13-month low of $1.1330 reached the previous day.

In Commodities Markets oil prices fell on Wednesday, pulled down by a report of increased U.S. crude inventories and as a darkening economic outlook stoked expectations of lower fuel demand. Front-month Brent crude oil futures were at $72.14 per barrel, down by 32 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down 34 cents, or 0.5 percent, at $66.70 per barrel. U.S. crude stocks rose by 3.7 million barrels in the week to Aug. 10, to 410.8 million barrels API said.

In US Equity Markets stocks rose in a broad rally on Tuesday after four straight days of losses on a strong set of earnings from retailers and as bank stocks rebounded after the Turkish lira snapped a three-week slide. All 11 major S&P sectors were trading higher, with financials out-performing. The S&P 500 gained 0.67 percent, to 2,840.86 and the Nasdaq Composite added 0.59 percent, to 7,865.75. Advance Auto Parts Inc reached a one-year high, rising 7.6 percent after beating quarterly profit estimates and announcing a new share buy-back program.

In Bond Markets U.S. Treasury yields rose on Tuesday in line with the European bond market as global sentiment brightened after equities worldwide stabilized and the Turkish lira came off recent record lows against the dollar. U.S. yields’ advance continued for a second straight session after having fallen to four-week lows early on Monday. U.S. 10-year yields were up at 2.894 percent, from 2.877 percent late on Monday. U.S. 30-year yields were also higher at 3.061 percent from Monday’s 3.045 percent.