U.S. Cases Rise 1.9% (4 p.m. NY) – Bloomberg
*Coronavirus cases in the U.S. increased 1.9% as compared with the same time Thursday to 4.07 million.
*The increase was above the average 1.7% daily gain over the past week.
*Link: https://t.co/DxYfSDKEZ4 pic.twitter.com/oNOKyDZdR7— Christophe Barraud (@C_Barraud) July 25, 2020
#Fed hoped to skirt a second virus wave. Small businesses may sink in it – Reuters
*Link: https://t.co/JhtlH4YJjg➡ More HF indicators confirmed recovery has stalled since late June: https://t.co/D2VWl9lTqr ⚠ pic.twitter.com/BGT00sygEI
— Christophe Barraud (@C_Barraud) July 25, 2020
The U.S.-#China #Trade Deal Risks Falling Victim to Spiraling Ties – Bloomberghttps://t.co/z0V0HqVokU
— Christophe Barraud (@C_Barraud) July 25, 2020
#China’s #Xinjiang province suspends buses and subways in the capital city #Urumqi, after the latest coronavirus outbreak, Ministry of Transport says in statement.
– Buses from other cities in Xinjiang to Urumqi are also suspended.
*Link (Chinese): https://t.co/pBJpS1ahiF— Christophe Barraud (@C_Barraud) July 25, 2020
#SouthKorea reports 113 new coronavirus cases, most since March – Reutershttps://t.co/4jxYNJ3jVV
— Christophe Barraud (@C_Barraud) July 25, 2020
These Are All the Major Flashpoints Between #China and the U.S. – Bloomberghttps://t.co/6bc1FRcz2A
— Christophe Barraud (@C_Barraud) July 25, 2020
#Spain Increases Restrictions as #Coronavirus Cases Rise – WSJ https://t.co/1aUT2g6nqw
— Christophe Barraud (@C_Barraud) July 25, 2020
#Ukraine reports highest daily number of #coronavirus cases in a month – Reutershttps://t.co/MhWHTydmTI
— Christophe Barraud (@C_Barraud) July 25, 2020
Bubble Angst Rears Its Head in #Nasdaq, Striking Fear Into Bulls – Bloomberg
*Link: https://t.co/FVpvbxJOCN pic.twitter.com/3KuojP2L6G— Christophe Barraud (@C_Barraud) July 25, 2020
The Smart Money Doesn’t Like #Stocks But Loves #Gold – Bloomberg
*Sovereign funds are shunning equities and increasing their investments in the precious metal.
*Link: https://t.co/gYMiOcZZIK pic.twitter.com/XlmFVmdkp7— Christophe Barraud (@C_Barraud) July 25, 2020
Insiders seem to have, um, ramped up their selling. pic.twitter.com/uypRQreEG2
— Helene Meisler (@hmeisler) July 25, 2020
Stunning speculation in gold and silver:
SLV (silver ETF) call volume is at an ALL-TIME HIGH, higher than even in 2011
GLD (gold ETF) call volume is near one of the highest levels ever
*see charts below: pic.twitter.com/f2mx2vxJZ1
— Troy Bombardia (@bullmarketsco) July 25, 2020
Phillips curves in the US (lhs), Euro zone (middle) and Japan (rhs). Obviously, the COVID-19 shock is hitting everyone and pushing core inflation down across the board. But what stands out is the Euro zone Phillips curve, unlike the US or Japan, looks like it has shifted down… pic.twitter.com/tddI2t7NtX
— Robin Brooks (@RobinBrooksIIF) July 25, 2020