International Economic
Cryptocurrencies tumble as 'panic' motivated sell-off continues
Bitcoin’s value dipped below $6,000 on Tuesday while other cryptocurrencies such as Ethereum continued to sink amid a continued sell-off in digital currencies.
US import prices flat in July, despite higher fuel costs
Fuel costs continued to push US import price inflation higher last month.
US small business confidence near highest since 1983 in July, NFIB says
Small business confidence in the States jumped past forecasts in July, amid solid readings for the labour market and business investment and indications for stable prices going forward.
Europe midday: Stocks hold higher, but only just
Stocks on the Continent are holding higher - but only just - alongside a bounce in the Turkish currency, the lira, and gains in Italian sovereign debt.
Chinese economic data for July prints well below forecasts
A raft of economic indicators released overnight in China printed below forecasts, pointing to sustained weakness in growth in the Asian giant until mid-2019, economists said.
Likelihood of capital controls in Turkey rising, Jefferies says
The likelihood that Turkey will impose some degree of capital controls is rising with each passing minute, given President Recep Tayyip Erdogan's refusal to allow the central bank to hike interest rates, analysts at Jefferies said.
German economic sentiment improves in August as EU-US tensions ease
German economic sentiment improved in August as trade tensions between the EU and the US eased, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Turkish lira rebounds but strong dollar still a threat for emerging markets
Turkey's lira bounced back on Tuesday morning but after jitters spread to India, Argentina and South Africa analysts warned that emerging markets would continue to be tested by the strong dollar.