Sydney — Asia share markets skidded and the euro hit one-year lows on Monday as a renewed rout in the Turkish lira infected the rand and drove demand for safe harbours, including the dollar, the Swiss franc and the yen. The run from risk dragged MSCI’s broadest index of Asia-Pacific shares outside Japan down 1.3% to a five-week low. Japan’s Nikkei lost 1.6% with every bourse in the region in the red. E-mini futures for the S&P 500 were off 0.4%, while 10-year treasury yields dipped further to 2.85%. China’s blue-chip index shed 1.4%, while Hong Kong stocks lost 1.6% as the local dollar fell to the limits of its trading band. Much of the early action was in currencies with the euro gapping lower as the Turkish lira took another slide to record around 7.2400. The lira found just a sliver of support when Turkish finance minister Berat Albayrak said the country had drafted an action plan to ease investor concerns and the banking watchdog said it limited swap transactions. Yet the dollar...
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