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[Reuters] Wall St. slightly lower on Trump legal woes [Reuters] Trump legal woes and trade talks cause nerves while EM enjoys respite [Reuters] Dollar remains on defensive, U.S.-China trade talks awaited [Reuters] U.S., China to resume trade talks in Washington amid low expectations [CNBC] Trump: We are going to put a 25% tariff on every […]
Qatar gives Turkey a $15 billion bandaid Argentina raises interest 5% in one week & 45% interest is not enough! South African leader takes away farms from owners The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick DO ROBOT TRADERS DREAM OF FLEECED INVESTOR SHEEP? August 22, 2018 “This is where you have to […]
[BloombergQ] U.S. Stocks Edge Higher; Dollar Pares Drop: Markets Wrap [CNBC] Dollar heads lower a day after Trump rips Fed and calls China and EU currency manipulators [Reuters] Exclusive: Trump demands Fed help on economy, complains about interest rate rises [Reuters] Exclusive: Trump doesn’t expect much from China trade talks this week [Reuters] China says […]
[BloombergQ] U.S. Stocks Track Gains Across Europe, Asia: Markets Wrap [Reuters] Trade war puts new strains on America Inc’s factories in China [Reuters] Exclusive: China shifts to Iranian tankers to keep oil flowing amid U.S. sanctions – sources [Reuters] Italy’s Salvini says government will stand up against market attacks [CNBC] Don’t expect a ‘grand bargain’ […]
[BloombergQ] Big Questions on Global Economy Hang Over Jackson Hole Gathering [Reuters] China regulator asks financial institutions to support infrastructure investment [Reuters] Tough talks, no agreements at Merkel, Putin meeting near Berlin [WSJ] As Euro Crisis Ends, Italy Stokes Fear of a Revival [WSJ] Venezuela Devalues Currency and Hikes Wages, Stoking Fears About Instability [FT] […]
[Reuters] Turkey’s Erdogan says to challenge ‘games’ on the economy [Euromoney] Italian banks a bigger risk than Turkey [BloombergQ] Gold Trading Volumes Double in Turkey Amid Currency Crisis [Reuters] China complains about Pentagon report, says it is ‘pure guesswork’
With the Turkish lira down another 6.6% in Monday trading, global “Risk Off” market Instability was turning acute. The U.S. dollar index jumped to an almost 14-month high Monday, as the Turkish lira, Argentine peso, Indian rupee and others traded to record lows versus the greenback. The South African rand “flash crashed” 10%, before recovering […]
[BloombergQ] Stocks Drop in Turbulent Week; Turkish Lira Falls: Markets Wrap [Reuters] Turkey’s lira weakens more than 6 percent on threat of more U.S. sanctions [Reuters] Trump says the US ‘will pay nothing’ to Turkey for the release of detained pastor [BloombergQ] Powell to Discuss Economy and Monetary Policy at Jackson Hole [Reuters] Turkish court […]
