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Norway Holds, Turkey in Spotlight, U.K. Retail Sales: Eco Day
Norway Holds, Turkey in Spotlight, U.K. Retail Sales: Eco Day
16 Aug 2018, 05:11 PM IST
(Bloomberg) -- Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your Thursday started:
- Norway’s central bank kept its key interest rates unchanged, setting policy makers up for the first tightening in seven years next month
- Turkey remains in the spotlight, with the emerging world bracing for a bear market, the U.S. refusing to blink on Turkey tariffs, Qatar lending a hand and Germany trying to bring some calm to the situation
- Help get a grip on the overload of Turkey talk here, with a collection of Bloomberg Economics analysis on the contagion risk
- U.K. retail sales bounced back strongly in July as warmer weather and extended discounts at stores encouraged shoppers to open their wallets
- There are five sticking points preventing a Trump-Xi deal, and Trump’s car tariffs are putting a Korea pact in jeopardy
- Meanwhile, Americans are getting crazy about their restaurant spending -- perhaps too crazy
- Finally, here’s a look at how one pro-Brexit coastal town is starting to worry
To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net
To contact the editor responsible for this story: Paul Gordon at pgordon6@bloomberg.net
©2018 Bloomberg L.P.
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