Stocks Digest Turkish Troubles as Lira Extends Rally

  1. Stocks Digest Turkish Troubles as Lira Extends Rally  Wall Street Journal
  2. Turkey ramps up US spat with huge tariffs on cars and other goods  CNNMoney
  3. Turkish lira rebounds for a second session in a row, but dollar index extends its own rally  MarketWatch
  4. Worried About Turkey’s Economic Problems? China’s Could Be Worse.  New York Times
  5. Turkey currency crisis: What it means for stock market and 401(k)s  USA TODAY
  6. Full coverage


Source: Google News

Stocks Fall With Euro on Turkey Contagion Concerns: Markets Wrap

  1. Stocks Fall With Euro on Turkey Contagion Concerns: Markets Wrap  Bloomberg
  2. Euro slips after reports the ECB is concerned about exposure to Turkey  CNBC
  3. Dollar index jumps to around one-year high as Turkey’s lira gets rocked  MarketWatch
  4. Turkey’s Problems Run Beyond the Central Bank  Wall Street Journal
  5. Turkish lira plunges as crisis mounts  Financial Times
  6. Full coverage


Source: Google News

Russian Stocks, Ruble Take Hit on Uncertainty Over US Sanctions

  1. Russian Stocks, Ruble Take Hit on Uncertainty Over US Sanctions  Wall Street Journal
  2. Russia denounces new US sanctions as illegal, mulls retaliation  Reuters
  3. Pound steadies but Brexit fears remain, as Russian sanctions send rouble sliding – as it happened  The Guardian
  4. Imposition of Chemical and Biological Weapons Control and Warfare Elimination Act Sanctions on Russia  US Department of State
  5. Russia slams ‘unpredictable’ US after new sanctions  Financial Times
  6. Full coverage


Source: Google News

US stocks resilient after tepid jobs report as consumer staples rally

  1. US stocks resilient after tepid jobs report as consumer staples rally  MarketWatch
  2. Meet the Company That Beat Apple to a $1 Trillion Market Cap  Motley Fool
  3. Tim Cook to Apple staff: $1TR in shareholder value isn’t what drives us  TechCrunch
  4. Big Tech’s Path to $4 Trillion  Wall Street Journal
  5. SpaceX, China and Iran, Fuel Inefficiency: CEO Daily for August 3, 2018  Fortune
  6. Full coverage


Source: Google News

Asian stocks creep higher, but weak growth worry caps gains

Asian stocks creep higher, but weak growth worry caps gainsBy Andrew Galbraith SHANGHAI (Reuters) – Asian stocks inched higher on Thursday as the United States and Europe agreed to negotiations to ease barriers on trade, but ongoing concerns about the outlook for global growth weighed on investor sentiment. A warning of slowing growth from Facebook Inc, which saw the company’s stock fall as much as 24 percent in after-hours trading on Wednesday, highlighted risks for investors and businesses in the current earnings season. Detroit automakers General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV (FCA) also lowered their full-year profit forecasts on Wednesday, in an indication that trade war worries are far from over.


Source: Yahoo! News

Tariffs ding Detroit automakers' profit forecasts, stocks hit

Tariffs ding Detroit automakers' profit forecasts, stocks hitBy Nick Carey and Ben Klayman DETROIT (Reuters) – Detroit automakers General Motors Co , Ford Motor Co and Fiat Chrysler Automobiles NV (FCA) lowered their full-year profit forecasts on Wednesday due to escalating tariffs, hitting their stocks as investors bet that escalating trade disputes would hurt margins and sales. GM cited higher steel and aluminum costs for its 2018 profit forecast reduction as a result of tariffs imposed by U.S. President Donald Trump’s administration.


Source: Yahoo! News

Protecting tropical forest carbon stocks may not prevent large-scale species loss

As the world seeks to curb human-induced climate change, will protecting the carbon of tropical forests also ensure the survival of their species? A study suggests the answer to this question is far from straightforward. Forests with the greatest carbon content do not necessarily house the most species, meaning carbon-focused conservation can miss large swathes of tropical forest biodiversity.
Source: Science Daily