Friday, August 10, 2018

Friday Evening Links

[Reuters] Wall Street ends lower as Turkey woes hit banks

[CNBC] Turkey fallout could continue to hit global markets, as Erdogan 'hangs tough' 

[BloombergQ] Turkey’s Meltdown Ripples Across Emerging Markets: Inside EM

[BloombergQ] Trump Embraces Market Pain With Little Concern of Contagion

[CNBC] US budget deficit increases 21%, on track for biggest gap in six years

[Reuters] Russia tells Washington curbs on its banks would be act of economic war

[Reuters] China says business ties with Iran no harm to any other country

[WSJ] Turkish Crisis Rattles Global Markets Amid Escalating Spat With U.S.

[FT] Turkey’s deepening crisis triggers retreat from equities

[FT] Turkey delivers August crisis for markets

Friday's News Links

[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