Scheduled economic news and data quieter today
Deutsche Bank – announces restructuring and job losses over the next 2-3 years
Japan – Bank of Japan governor speech
Germany – industrial production, exports, imports and trade balance data due at: 07:00 (BST)
U.S. – consumer credit data due at: 19:00 (BST)
UK – retail sales data due
Ongoing – U.S. & China trade war – talks progress update awaited. Fed interest rate cut (July rate cut speculation continues however, better than expected U.S. job data has dampened speculation. Geopolitical tensions (U.S. & Iran). UK Brexit. Potential global economic slowdown concerns linger.
And Trump’s tweet today is…