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Emerging markets have steadied following the sell-off that brought them to the brink of a bear market.

The lira was slightly stronger, even after U.S. Treasury Secretary Steven Mnuchin said Turkey would face more sanctions unless it released an American pastor: https://www.wbca.st/fCEfP5w

Elsewhere: –

Europe’s stocks held on to Thursday’s gains –

Asian markets rose, though China’s shares underperformed –

The U.S. dollar declined –

Oil headed for a weekly loss