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Turkey is the epicentre of the latest financial crisis – weekly update 13 August
A look back over macroeconomic and market events for the week ending 10 August 2018. An escalating economic crisis in Turkey drove risk-off sentiment at the end of the week. On the macro side, UK second-quarter GDP provided few surprises, but data out of Japan were surprisingly strong. There are some mid-ranking economic data due this week, including UK inflation, wages and retail sales.
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