joining us is maike currie, who's the investment director at fidelity international.n the fear factor creeping in at the start of a new trading week, certainly in asia. they are all down, is that because of the trade spat concerns? if you have got the while's two biggest economy is going head—to—head in something as fundamental as trade, it is not good for investor sentiment and it is not good for the market and that is what we are seeing playing out in the global markets. we have seen the japanese yen strengthen and it is seen as a safe haven currency. in turmoil times investors flocked to the yen. there are rumours that the treasury department in the united states will heightened scrutiny of chinese investments in sensitive us industries and an emergency law could be in the wings. it is more and more means to an end. in addition to the trade tariffs, donald trump has said he will look into chinese companies and limit how much they can invest in us companies from everything including robotics to aerospace. china has retaliated, accusing the us of bullying tactics. it

with me is maike currie.t is interesting to see how the turkish media is interpreting all of this. there is a lot of conversation about how free the media is in turkey anyway. this is a president erdogan supporting tabloid paper that supports his victory. there was a lot of talk about how controlled the media was by the president and cabinet. 100 journalists in turkey are injail. many question marks over the broadcasting and newspapers, are they representing a fair election and giving the opposition some space? there are questions over whether the election has been free and fair. so many questions about that. whatever people think about this, he is in power and will be for a long time. because he had the referendum in 2017, that has given him sweeping powers. it has changed the whole construct from parliamentary majority to presidential. there is no prime minister. it raises questions over democracy in turkey. absolutely. something that is being unpacked by correspondence in istanbul. they are talking to peop

with me is maike currie.l of this. there is a lot of conversation about how free the media is in turkey anyway. this is a president erdogan supporting tabloid

maike currie, investment director at fidelity personal investing joins me now.ossible trade war that it could have on its economy. absolutely. if you look at the date it is scheduled to have —— happen on the fifth ofjuly, the day before president trump's trade tariffs come in against china. what this will do it will boost liquidity, a cash injection into the economy at a time where there are other concerns the ikonomidis lowing and we have seen this in the market. this is the beauty of china, it is about scale. china is such a big country with degree sources, unlike other countries that perhaps wouldn't fare so countries that perhaps wouldn't fare so well if it were not facing huge paris. absolutely. and the amount they are injecting is about three times the impact of those trade tariffs. what it will do is it will free up a lot of money for small and medium companies, china has been explicit that it shouldn't be used for the zombie companies and it will be interesting to see how this unfolds as president trump and up the rhetoric for china. —— amps. banks are c