matt: pendulum merkel is reminding president erdogan he has a potential ally in his country's biggest economic partner. of finance ministers on a phone call yesterday. she has had her issues with erdogan and now, it looks like she is offering him an olive branch. >> a line from german officials, please -- people close to angela merkel that there is no aid on offer. nothing like $15 billion from erdogan's friends in qatar. even anything much less, but there is a notion of an olive has huged germany also economic ties with turkey. >> president erdogan dispatched his treasury and finance minister. also, his son-in-law to calm investors on a conference call this morning. >>, he was defensive about the economy, talked about the strength of the banks, roll up capital controls. he said turkey will now address its vulnerability does -- vulnerabilities and put plans together to shore up inflation and to address the fiscal imbalances of the country. trade talks between the u.s. and china are back on. the reaction from wall street, cautious optimism. it is talks about reopening more substantive