Trump, trade and Turkey weigh on emerging markets

Icons for the smartphone apps TikTok and WeChat are seen on a smartphone screen in Beijing, Friday, Aug. 7, 2020. President Donald Trump has ordered a sweeping but unspecified ban on dealings with the Chinese owners of the consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. (AP Photo/Mark Schiefelbein)

NEW YORK: A trio of risks confronts emerging markets following a period in which prices have stuck to the August script, with implied currency volatility increasing in the five days through Friday by the most since the March rout.

Donald Trump’s executive actions announced Saturday will likely provide the initial focus for traders.