Norway Holds, Turkey in Spotlight, U.K. Retail Sales: Eco Day

(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

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