The contagion in Turkey appears to be spreading to Brazil, with the Brazilian Real hitting new lows. The US economy continues to hum along with rate hikes on track despite emerging market woes and the strong dollar. The US markets continue to trade near record highs despite developing divergences. These and other stories from some of the best asset managers, market commentators, financial analysts and CMT's of today:
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Diamond Leader De Beers Will Be Sold If BHP Acquires Anglo American
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BHP’s share-swap takoever bid for mining industry rival Anglo American will
struggle to succeed but if it does De Beers will be sold.
11 minutes ago