The Traderszone Network

Tukish deputy PM out on Bloomberg 18 July 2016
– no need for panic
– Turkey’s stability gained strength
– central bank, treasury, economy management took all measures
Simsek trying to reassure markets in the wake of Friday’s attempted military coup

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In the 10 years since NBA star Yao Ming promised to stop eating shark’s fin soup, attitudes have changed. But perhaps not enough.

Forex news for Asia trading Monday 18 July 2016
Monday
Weekend
With news of the failure of the Turkish coup filtering in over the weekend markets opened more steadily on Monday in Asia. Late US sell offs in ‘risk’ were pretty much unwound either on the open or soon thereafter.

Amid low rates, REITs are prey in the global hunt for yield, said Sheila Patel, International CEO at Goldman Sachs Asset Management.

This piece in the UK Telegraph will likely be a taking point as Europe and the UK begin to get active this morning
It says the bad loans situation in Italy is nearing a a political crisis with implications across the EU.

The failed coup attempt in Turkey has fueled a sharp conflict with Washington over the fate of a Turkish cleric in the U.S., while posing a broader challenge to the West’s efforts to fight terror and promote liberal democracy.
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