MARKET NEWS / CREDIT BUBBLE DAILY

Friday, August 10, 2018

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, August 10, 2018
Doug Noland Posted on August 9, 2018

[Reuters] Turkey turmoil sends ripples across world stock markets, euro falls

[CNBC] Turkish lira plunges 20% versus dollar after Trump authorizes doubling metals tariffs on Turkey

[Reuters] Currency volatility gauges ignite as Turkish lira turmoil spreads

[Reuters] Russian rouble sinks to lowest since June 2016

[Reuters] Trump doubles tariffs on Turkish steel and aluminum, says relations ‘not good’

[Reuters] Erdogan tells Turks to buy plunging lira as Trump doubles metals tariffs

[BloombergQ] Highest Core Inflation in Decade Flattens Real U.S. Wage Growth

[BloombergQ] Turkish Meltdown a Test for Global Leaders: Balance of Power

[BloombergQ] Erdogan Answers Lira’s Pleas With an Ottoman Slap

[Reuters] China expects its U.S. agricultural imports to fall sharply

[Reuters] China paper rebuts trade war criticism, says ‘an elephant can’t hide’

[Reuters] Japan’s economy rebounds on brisk spending but trade rifts cloud outlook

[BloombergQ] Asia’s $184 Billion Debt Wall to Spark Buybacks, Bond Swaps

[NYT] As Chinese Investors Panic Over Dubious Products, Authorities Quash Protests

[WSJ] Turkish Crisis Rattles Currency Markets

[WSJ] Parts Shortages Crimp U.S. Factories

[FT] ECB concerns grow over EU banks’ Turkey exposure as lira slides

[FT] Erdogan calls on Turks to buy lira in ‘economic war’

[FT] Why is Turkish lira falling?

[FT] Currencies in focus as Turkish lira plumbs new low

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