The Turkish lira sank 13.7% in chaotic Friday trading. The lira’s 21.0% “worst week in 17 years” collapse pushed y-t-d losses to 41.1%. [...]
[Reuters] Turkey turmoil sends ripples across world stock markets, euro falls [CNBC] Turkish lira plunges 20% versus dollar after Trump authorizes doubling [...]
This week we discuss the market conditions of gold, silver, the DOW, US Dollar index, the Euro and more looking back at 2008 VS today. What are the main [...]
[BloombergQ] Stocks Mixed Amid Trade Salvos; Dollar Advances: Markets Wrap [Reuters] U.S. sanctions whack Russia’s rouble, Turkey’s lira free-falls [...]
[Reuters] World shares hold at one-week high, sterling’s slide gathers pace [Reuters] China shares resume skid as fresh US tariffs overshadow stimulus [...]
Financial Times: “Passive investing could trigger next global downturn” Iranians purchase 60 tons of gold coins Gold up 3.1 million % this year in [...]
[Reuters] China bounce pushes world shares toward six-month high [Reuters] Dollar posts biggest drop in a week as rally fades [Reuters] Turkey’s lira, [...]
[BloombergQ] Dollar Climbs as Trade Gloom Lingers; Stocks Mixed: Markets Wrap [Reuters] China’s stocks, yuan slide as Beijing, Washington step up trade [...]
[Reuters] Trump says tariffs are working, U.S. and China are talking [BloombergQ] Trump Says U.S. Now Has the Upper Hand on China in Tariff [...]
[Reuters] China won’t accept U.S. trade ‘blackmail’: state media [Reuters] China’s Wang says response to U.S. trade measures necessary, [...]
The renminbi traded at 6.8935 in early-Friday trading, with intensified selling pushing the Chinese currency to its lowest level (vs. the $) since May 26, [...]
[Reuters] Trade worries keep lid on stocks, Italian bonds sell off on government tensions [Reuters] U.S. job growth slows in July, unemployment rate dips [...]
The Federal Reserve leaves interest rates unchanged for August, but going against Trump, plan for another hike in September with possibly one more hike later [...]
[BloombergQ] Stocks Slump as Trade Fears Return; Dollar Climbs: Markets Wrap [Reuters] Trade tensions roil emerging stocks, U.S. sanctions hit Turkey [Reuters] [...]
[BloombergQ] Treasuries Drop Before Fed; Trade Weighs on Stocks: Markets Wrap [CNBC] US 10-year Treasury yield hits 3% for first time since June after strong [...]