Stocks and bonds also slid as voters flirted with a return to interventionist economics by snubbing President Mauricio Macri and his market-friendly approach in primary voting. Source: NYT > Business – Reuters
Argentine Peso Collapses as Macri’s Re-election Chances Drop
Stocks and bonds as voters flirted with a return to interventionist economics by snubbing market-friendly President Mauricio Macri. Source: NYT > Business – Reuters
Trade War Worry Hits Stocks, as Central Banks Cut Rates
A rush to safer investments pushed government bond yields to lows not seen since 2016. Source: NYT > Business – Matt Phillips
Global Markets Hit Pause After Wall Street’s Trade-Driven Rout
Shares in Asia recovered some of their losses after the Chinese central bank indicated that it was not ready to weaponize the renminbi just yet. Source: NYT > Business – Alexandra Stevenson
Global Stocks Slide After China Lets Currency Dip, Raising Tensions With U.S.
Tension between the world’s largest economies ratcheted higher, adding to concerns about the global economy. Source: NYT > Business – The New York Times
Trump Threats and Trade Worries Rattle Global Investors
Investors in Asia and Europe continued Wall Street’s slide as clashes between some of the world’s biggest economies cast a chill on markets. Source: NYT > Business – The New York Times