Emerging Market MELTDOWN Continues as Argentina Currency Down 52%! China, Turkey, Indonesia!

Emerging markets continue their plunge as tensions turn to turmoil. Currencies have fallen significantly throughout 2018 versus the US dollar and continue to slide with no end in sight. This doesn’t seem to be concentrated to one geographic area. It seems like the whole world is falling, leaving just a few bright spots in the US remaining. Will the contagion makes its way back around?

Argentina Currency Crisis Pain Is Spreading - Bloomberg
https://www.bloomberg.com/news/articles/2018-08-30/what-s-a-peso-worth-all-bets-are-off-as-argentina-pain-spreads
000001.SS 2,725.25 -12.49 -0.46% : SSE Composite Index - Yahoo Finance
https://finance.yahoo.com/quote/000001.ss?ltr=1
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Rupiah Falls to Asian Crisis Low as Emerging Market Pain Spreads - Bloomberg
https://www.bloomberg.com/news/articles/2018-08-31/rupiah-falls-to-asian-crisis-low-as-emerging-market-pain-spreads
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PM Modi Launches India Post Payments Bank; Calls It An “Unparalleled” Service In Country’s History - BloombergQuint
https://www.bloombergquint.com/business/2018/09/01/pm-modi-launches-india-post-payments-bank-calls-it-an-unparalleled-service-in-countrys-history#gs.NeK3U8U
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Exclusive: Five companies to deliver oil through Shanghai crude futures contract for September - sources | Reuters
https://www.reuters.com/article/us-china-oil-futures-delivery-exclusive/exclusive-five-companies-to-deliver-oil-through-shanghai-crude-futures-contract-for-september-sources-idUSKCN1LE0W0?rpc=401&