10 things you need to know before the opening bell

"The Central Bank will closely monitor the market depth and price formations and take all necessary measures to maintain financial stability, if deemed necessary," the Central Bank of the Republic of Turkey said Monday. The Turkish lira is down 7% versus the dollar on Monday and has lost 40% of its value in August.

North Korea and South Korea are getting together for another summit. The two Koreas have agreed to meet in the truce village of Panmunjom, in the Demilitarized Zone, in September to hold more talks about ending North Korea's nuclear weapons program, Reuters reports.

The cargo ship that's been drifting off the coast of China with $20 million of soybeans has finally docked. Peak Pegasus docked in Dalian, China, on Sunday with 70,000 tonnes of US soybeans on board, making its cargo one of the first shipments to incur the new tariffs, Reuters says.

Russia says it will continue to trim its holding of US securities. Russian Finance Minister Anton Siluanov said his country would rely more on other currencies, including the euro, in response to new sanctions on Moscow, the RIA state news agency reports.

A $1 trillion question is hanging over stocks. There have been $1 trillion in stock buybacks authorized this year, and they could ultimately determine the fate of the bull market, according to the Goldman Sachs strategist David Kostin.

Saudi Arabia is reportedly looking to invest big in Tesla. Saudi Arabia's sovereign wealth fund, Public Investment Fund, has built a 5% stake in the electric-car maker and is looking to become a significant investor, Bloomberg says.
Source: https://www.businessinsider.com

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