The politics of how the US is taking an increasingly belligerent stance across a number of its international relations is having a broadening impact on financial markets. Aside from the escalation of the China trade dispute, the US is looking to impose sanctions on Russia for the chemical weapons attack on the UK, and diplomatic efforts to resolve an issue with Turkey have come to nought. Subsequently the Russian ruble has slumped and the Turkish lira has come under renewed selling pressure. This is having an increased contagion across financial markets now. These increased tensions have all has added up to a ... (full story)