Macro Briefing | 24 July 2020

Trump cancels parts of Republican convention, citing coronavirus: CNBC
China orders US consulate in Chengdu to close–retaliation for Houston: CNN
US Covid-19 deaths above 1,100 for third straight day: Reuters
Senate GOP will delay release of coronavirus relief plan to next week: CNBC
US fighter jet came dangerously close to Iranian passenger plane over Syria: BBC
US dollar on track for weakest month since start of 2018: Bloomberg
Gold, copper and silver–unusually–are rising together this year: The Economist
PMI data: Eurozone economic output grew in July–first rise since Feb: IHS Markit
UK economy rebounds in July via PMI data–biggest increase in 5 years: IHS Markit
US Leading Econonmic Index continued to rise in June but pace slowed: MW
US jobless claims turned higher last week–a new warning for the economy: CNBC