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Forget About Trump-Putin, Look at the Dollar-Yuan

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Synopsis

Despite all the media attention, there is little of consequence for markets in the Trump-Putin meeting. That is a function of Russia’s current, protracted economic weakness. Ironically, the biggest long-term economic threat to Russia right now may be the U.S.-China trade war. A falling yuan can take the Russian economy down with it.Learn more about your ad choices. Visit megaphone.fm/adchoices