Macro Briefing | 20 August 2020

China’s commerce ministry: US and China will hold trade talks: CNBC
Fed minutes: Fed staff lowers economic growth outlook for rest of 2020: MW
Earnings surge for big retailers, including Target and Walmart: NYT
Are stocks increasingly vulnerable to currency risk? BBG
Apples becomes first company to reach $2 trillion market cap: CNET
10yr-3mo Treasury yield curve remains in a tight range, settling at 0.58% on Wed:

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