Todays Markets

Bloomberg: Asian Stocks Decline as Trade Concerns Resurface: Markets Wrap
Stocks in Asia fell with emerging-market currencies after the latest U.S. move to place a further tranche of tariffs on Chinese goods and amid signs some central banks are struggling to stabilize their currencies. The dollar maintained gains. [more...]

Bloomberg: The Emerging Market Rout Is Nearing a Turning Point, Templeton Says
Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom, though reckons there are still countries that will suffer, like the Philippines. [more...]

Bloombetg: Five Things You Need to Know to Start Your Day
Hong Kong’s stock market will open Monday after Typhoon Mangkhut leaves a trail of destruction, stocks on edge as Trump threatens further tariffs and China is said to rebuff overtures for more talks. Here are some of the things people in markets are talking about today. [more...]

Bloomberg: Goldman Sachs Doesn't Share Wall Street Fears of 2020 Recession
While Bridgewater Associates Inc. and JPMorgan Chase & Co. are starting to fret that tighter fiscal and monetary policies will create problems for the world’s biggest economy in two years’ time, Goldman Sachs sees just a 36 percent chance of recession over the next three years. That risk is below the historical average. [more...]

Bloomberg: Goldman Says India's World-Beating Stock-Market Run Is Over
Goldman Sachs Group Inc. has called time on the world-beating surge in Indian stocks. The nation’s equity market looks less favorable amid elevated valuations, a potential slowdown in economic growth and upcoming elections. [more...]

Bloomberg: Credit Suisse Ordered to Boost Money Laundering Checks by Finma
Credit Suisse Group AG made “some substantial” improvements in its anti-money-laundering controls and avoided a fine as Switzerland’s financial regulator concluded a pair of enforcement proceedings against the nation’s second-biggest bank. [more...]

Bloomberg: Pound Volatility Premium Over Euro to Persist on Brexit Concerns
Buying protection over fluctuations in the pound will remain a relatively costly exercise as Brexit headlines gather momentum and central banks slowly tighten policy. [more...]

Reuters: High U.S. stock valuations hinge on inflation, interest rates
Investors are banking on tame inflation and interest rates to support U.S. stock prices and help counter any concerns over an anticipated slowdown in corporate earnings growth next year. [more...]

Reuters: China may reject new trade talks if more tariffs imposed: WSJ
The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese goods, the Wall Street Journal reported on Sunday, citing Chinese officials. [more...]

CNBC: The next crisis could be triggered by the US-China trade war, interest rates: Sovereign wealth chief
Economic troubles in emerging markets and the ongoing trade war between the United States and China could potentially increase the risk of the next financial crisis, according to the chief executive officer at South Korea's sovereign wealth fund. [more...]

CNBC: Trump is 'a symptom and not the cause' of the trade war with China
Escalating trade tensions between the United States and China would have manifested with or without Donald Trump, experts said at the Singapore Summit on Saturday. [more...]