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Friday, August 17

17th Aug - Still about emerging markets



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EUROPE
EU capital markets plan faces delay, Brussels warnsFT
Project aiming to improve cross-border investment at risk due to slow progress by governments

How vulnerable is Europe to the Turkish havoc?Danske Bank

Will Turkey's Currency Crisis Send Millions of Refugees Into Europe and Threaten Merkel's Fragile Coalition?Newsweek


OTHER
Aaron Brown: Flat Yield Curves Are No Reason to Sell Stocks BB
This may be the best time to invest in equities based on the bond market.

Turkey: lessons from the 90sFT

Emerging Market ContagionKevin Muir
Why the sudden panic out of emerging markets? It’s actually really easy to explain. It’s the exact same situation as 2010 - only in reverse. While in 2010 emerging market countries were complaining about too much US dollar liquidity, today there is nowhere near enough.

After Edging Away From Abyss, Turkey Faces New U.S. ThreatsFT
Turkey managed to stabilize lira with regulatory actions * U.S. warnings of punitive action risks resumption of turmoil

U.S. Signals It Could Sanction China Over Iran Oil ImportsWSJ
Secretary of state says U.S. strategy aims to change Tehran’s behavior

China, Unsure of How to Handle Trump, Braces for ‘New Cold War’BB
Beijing sees hidden motive in trade war to thwart China’s rise * ‘Mr. Trump put a knife on our neck. We will never surrender’


REGULARS
EU Open RundownRANsquawk

FirstFT Daily BriefingFT

WSJ EconomicsWSJ
The U.S. Labor Market Looks Great. The Housing Market Not So Much.

Danske Daily Danske Bank

Daily Market CommentMarc Chandler
Dollar Limps into the Weekend

Brussels PlaybookPolitico
Poland judicial, electoral and visa dramas — Commission finds its voice — Brexit paranoia

Five Things You Need to Know to Start Your DayBB
https://www.bloomberg.com/search?query=five%20things%20you

US OpenZH
Selling Returns As Turkish Lira Suddenly Tumbles, China Stocks Slide To New 2 Year Low

US Open RundownRANsquawk

AamukatsausNordea
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