Todays Markets

Bloomberg: Stocks in Asia Decline; Oil Jumps on Hurricane: Markets Wrap
Stocks in Asia fell as investors assessed the outlook for global growth with no end in sight for trade tensions. Oil prices jumped as a potentially devastating hurricane headed for the American east coast. [more...]

Bloomberg: Florence Gets Bigger as It Heads Toward North Carolina Coast
Florence is expanding on its relentless advance toward North Carolina, promising to deliver days of drenching rain from what may be the most powerful hurricane to hit the state in 64 years. [more...]

Bloomberg: China Stocks Near Four-Year Low as Support Attempts Lack Punch
China’s policy makers are stuck with the most bearish equity market in years as their attempts to lift sentiment fail to gain traction. The Shanghai Composite Index slid Wednesday to within 10 points of its lowest intraday level since 2014. [more...]

Bloomberg: As Emerging Markets Sneeze, Developed World Immunity Now Doubted
As the sell-offs in Turkey and Argentina spread to other emerging markets, doubts that developed markets can retain their immunity are getting louder. [more...]

Bloomberg: Trump Tariffs Spark Industry Campaign to De-Escalate Trade War
Trade associations representing farmers, retailers and manufacturers are joining forces in a new multi-million-dollar campaign to oppose President Donald Trump’s tariffs, in the latest attempt by U.S. business to stop an escalating trade war. [more...]

Bloomberg: Rupee at Record Low Puts RBI Under Pressure to Curb Rout
India has a currency problem and it’s not going away anytime soon. A current-account deficit at a five-year high, elevated oil prices and an emerging-market sell-off conspired to push the rupee to below 72 per dollar last week, taking its decline since the beginning of the year to almost 12 percent, the worst performer in Asia. [more...]

Bloomberg: Brazil Assets Slump as Left Advances One Month Ahead of Election
Brazilian markets dropped as a poll showed left-wing candidates gaining support while those favored by investors stalled out with less than a month to go until the presidential election. [more...]

Reuters: As Trump embraces more tariffs, U.S. business readies public fight
After months of waging a behind-the-scenes war against President Donald Trump’s trade tariffs that have escalated far beyond what business groups once imagined, more than 60 U.S. industry groups are launching a coalition on Wednesday to take the fight public. [more...]

Reuters: EU's Juncker wants bigger global role for euro
European Commission President Jean-Claude Juncker will call for the EU to promote the euro as a global currency to challenge the U.S. dollar as he presents his annual program to the European Parliament on Wednesday, a senior EU official said. [more...]

CNBC: Apple will probably lower iPhone prices on Wednesday — here's why
Apple made a big bet last year that it could convince you to spend $1,000 or more on a new iPhone. It sounded like a crazy move after people spent 10 years spending $650 or so on a new device, but Apple's gamble worked. [more...]

CNBC: Asia markets fall, spooked by an escalation of trade tensions between the US and China
Asia markets fell to 14-month lows on Wednesday afternoon on the back of news that China will be making a request to the World Trade Organization to impose sanctions on the U.S. [more...]