Oil prices jump to high of the day, up more than 4%, after Trump says Iran made a ‘very big mistake’
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Germany ZEW Aug survey show strong bounce in expectations to 71.5 vs 55.8 forecast, while current situation index deteriorated to -81.3 vs -69.5 forecast. Markets more interested in forward-looking component which is at highest level since 2003, pointing to GDP growth north of 5%
“As far as I know, this morning the first vaccine against the novel conoravirus infection in the world was registered this morning,” Putin said Tuesday. More via @business
Bankruptcies in Japan edge down in July from a year earlier, suggesting government measures may be helping keep businesses afloat
Credit Suisse 1/3: Chart of the Day: The #USD extends its consolidation phase following its relentless sell-off and we view this as a healthy development, unwinding the oversold condition to leave the bear trend in a better condition to eventually resume.
Let’s just forget about due process: “Even though none of them have faced court yet, a Chinese Government spokesman said those arrested should be severely punished.”