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Trump trade comments drive down carmaker stocks

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Emergency rise in rates on Wednesday has helped the lira, but strain still evident

10-year sovereign bond yields fall and stocks rise

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Tail Risk Roger Blitz

In recent days the peso has stabilised while the lira continues to plumb new depths

Authers' Note John Authers

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Another problem for staples is a notable shift in consumer tastes

Market has strong domestic ownership and refinancing risk is low

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