Oil prices, the dollar, sanctions, trade tensions, trips to the International Monetary Fund and shock election results. Take your pick and financial markets felt turbulence this week with ramifications for the world economy. Emerging markets face the biggest test and that’s the central theme in our weekly wrap-up of what’s going on in the
News
Europe Stocks Edge Up After Asia Gains; Oil Slips
European stocks opened higher as Asian peers headed for their biggest weekly gain since February, after easing U.S. inflation removed some pressure from the Fed to step up the pace of monetary tightening. The dollar steadied after dropping the most since March on Thursday. Basic materials and technology companies led gains in the Stoxx Europe