Todays Markets

Bloomberg: Stocks in Asia Head for One-Year Low, Yen Advances: Markets Wrap
Stocks in Asia dropped, with a regional benchmark heading for the lowest close in a year, as investors contemplate the risk of weaker growth thanks to woes in emerging markets. The yen gained. [more...]

Bloomberg: Little Relief in Sight as Emerging Stocks Slide Near Bear Market
The rout in emerging markets showed few signs of abating, even as some of the worst-hit currencies took a breather, as an index of stocks slipped toward bear territory and a basket of currencies traded near its lowest since May 2017. [more...]

Bloomberg: U.S. Tech Shares Tumble; Emerging Currencies Slide: Markets Wrap
Most U.S. stocks fell, with FANG shares tumbling as executives of the tech heavyweights faced scrutiny on Capitol Hill. The selloff in emerging market assets deepened, adding to the risk-off tone on global financial markets. [more...]

Bloomberg: JPMorgan, BlackRock Warn Contagion Hitting Emerging Markets
First came the Argentine selloff. Then Turkey. And before long, assets from South Africa to Brazil and Indonesia were getting hit in a selling stampede across emerging markets. [more...]

Bloomberg: Bitcoin Falls Off Another Cliff as Cryptocurrency Slump Deepens
Cryptocurrencies dropped sharply for the second time in less than 24 hours, sinking toward a nine-month low amid concern that broader adoption of digital assets will take longer than some anticipated. [more...]

Bloomberg: Best IPO of 2018 Is a Two-Month Old Pot Purveyor
Less than two months after going public, a Canadian cannabis stock has surpassed nearly 200 other companies to become the year’s best performing initial public offering on U.S. exchanges. [more...]

Bloomberg: Wall Street Analysts Split on How to Trade ‘Overvalued’ Dollar
By many conventional measures, the dollar is increasingly overvalued. Yet what investors should do with that information is becoming less clear. The greenback is surging, trading more than 11 percent above its 10-year average in real effective terms as of July. [more...]

Reuters: NAFTA talks make progress; U.S., Canadian officials to work into night
The United States and Canada have made progress in talks to revise the North American Free Trade Agreement, and officials from the two sides will work together into the night to flesh out areas for further discussion, Canadian Foreign Minister Chrystia Freeland said on Wednesday. [more...]

Reuters: Oil dips on emerging market woes, but looming Iran sanctions support
Oil prices dipped on Thursday as emerging market woes weighed on sentiment, while a deadline neared for a potential new round of U.S. tariffs on another $200 billion of Chinese goods. [more...]

CNBC: Turkey begins constructing site for Russian missile system — despite US warnings
Turkey is in the process of constructing a site for a Russian missile system despite warnings from the United States to not buy the platform, according to a source with firsthand knowledge of an intelligence report covering the subject. [more...]

CNBC: Cryptocurrencies widely plunge after report Goldman is rolling back plans
Bitcoin prices continued to take a hit on Thursday morning Asia time, following a report that Goldman Sachs was dropping its plans for opening a trading desk for cryptocurrencies. [more...]