Turkey Needs to Get Cracking to Avoid a Meltdown: Economy Week Ahead
By Jamie Murray
August 24, 2018, 11:21 AM GMT+2 Updated on August 24, 2018, 6:28 PM GMT+2
The devil makes work for idle traders – a paucity of central bank meetings and major data releases means there will be plenty of time for investors to think about emerging markets next week. And so they should. Turkey’s economy is threatening a meltdown, Russia could be slammed with fresh sanctions and South Africa has found itself in President Donald Trump’s crosshairs. Not forgetting that the trade skirmish between the U.S. and China will rumble on, too.
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