GLOBAL MARKETS-Europe thrown into turmoil as Swiss let franc soar
* Markets rocked as Switzerland abandons three-year-old franc cap
* Franc soars 30 percent, European shares yo-yo, yields tumble
* Wall Street futures turn positive, dollar make ground after data
* Copper reclaims some ground, oil bounces back after slide again
By Marc Jones
LONDON, Jan 15 (Reuters) - Global markets were thrown into turmoil on Thursday as a shock move by Switzerland to abandon its more than three-year-old cap on the franc sent the currency soaring and Europe's shares and bond yields tumbling.
The franc jumped by almost 30 percent in a chaotic few minutes after the 1.20 per euro cap in place since late 2011 was lifted, surging past parity to trade as high as 0.8052 francs per euro.
It had settled back at 1.02600 as the start of trading on Wall Street approached having shattered any hopes investors had had of a calming of the recent market volatility.
Oil prices continued to whip-saw around, staging an early afternoon rally in Europe along with bruised metals markets while Wall Street also opened 0.4 percent higher have turned around earlier expectations of a fall. Continuación...