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Currencies – King Dollar devastates emerging markets currencies The British pound fell below 1.30 last week as investors were horrified by another Tory revolt

Gold has fallen to 1231 an ounce. The Chinese yuan has depreciated to 6.76 and triggered a Black Death in emerging market currencies. Copper has fallen 18% in the past month. Emerging market equities/debt markets are in free fall. The US Treasury debt yield curve has flattened alarmingly since the beginning of 2018. The financial […]

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