Qatar

The big story in emerging markets was Qatar which was suddenly completely isolated by other nations in the region. The chart below shows how much trade Qatar has with the countries taking action against it:

Qatar

Equity Markets

Has the S&P 500 finally broken through the 2,400 resistance level as it hits another record?

S&P

Turkey

Turkey’s constitutional referendum polls are in dead heat. Most analysts think the referendum will pass, effectively making Tayyip Erdogan a dictator (with significant control over all three branches of the government).

referendum

Nonetheless, investors love the cheap valuations of Turkish shares and are pushing the market higher.

Borsa