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Holiday Hangover Seen Gripping EM Assets as Turks Return to Work

Holiday Hangover Seen Gripping EM Assets as Turks Return to Work

Last week’s gains may turn into yet another short-lived reprieve as Turks return to work after a long holiday and anxiety over elections in Brazil grows. There are other reasons for investors to shun riskier assets. The trade skirmish between the U.S. and China may get uglier.