Macro Briefing | 25 July 2019

N. Korea fires short-range missiles into sea, raising doubts for nuclear talks: BBC
US warship sails through Taiwan Strait, raising tension with China: Reuters
Mueller’s testimony disappoints Trump’s critics: Politico
Mueller says Russia still meddling in US elections: CNN
Boris Johnson unveils new cabinet appointments on first day as PM: BBC
Is the ECB preparing to cut rates? MW
New US home sales rebounded sharply in June: CNBC
Europe’s mfg downturn weighs on economic trend in July: IHS Markit
German business sentiment continues to deteriorate in July: Reuters
Has the boom in US auto sales peaked? NY Times
US economic output ticked up in July but remains subdued: IHS Markit