Morning Brief – August 11th 2020

Americas

#Trump says considering cutting capital gains tax, income taxes for middle-income families – Reutershttps://t.co/MTGIe2snRP

— Christophe Barraud (@C_Barraud) August 11, 2020

Chinese firms that fail U.S. accounting standards to be delisted as of 2022: Mnuchin – Reutershttps://t.co/iftVxHitpm

— Christophe Barraud (@C_Barraud) August 11, 2020

#Trump Aims Next U.S. Tariff Barrage at European Distillers – Bloomberghttps://t.co/j7pNoFDJUz

— Christophe Barraud (@C_Barraud) August 11, 2020

Asia

#HongKong goods to be labelled ‘Made in #China’ for export to the US, opening door to #tradewar tariffs – SCMPhttps://t.co/PSXUf1Nh3D

— Christophe Barraud (@C_Barraud) August 11, 2020

#Japan Inc. profit set to sink 36% this year, but rebound on way – Nikkeihttps://t.co/Nx3Y3BV7Ah

— Christophe Barraud (@C_Barraud) August 11, 2020

Europe

#Euro Renaissance Emerges From an EU Deal That Changed Everything – Bloomberg
*Net long positions on euro the highest on record: CFTC data.
*Link: https://t.co/0ryaIFgPVj pic.twitter.com/JC8OjgINWd

— Christophe Barraud (@C_Barraud) August 11, 2020

Merkel to visit Macron at summer residence around August 20 – source – Reuters
*The meeting between Macron and Merkel is another sign of renewed vigour for the Franco-German engine.https://t.co/9wewBLLCy2

— Christophe Barraud (@C_Barraud) August 11, 2020

#UK Business output continues its resurgence, but rate of recovery begins to slow – BDOhttps://t.co/HexGXAYMEF

— Christophe Barraud (@C_Barraud) August 11, 2020

BoE’s Ramsden: Will ‘Step Up QE’ If Economy Struggles Again – Times https://t.co/kQ24476GD6

— LiveSquawk (@LiveSquawk) August 10, 2020

UK PM Johnson Blocks Plan To Invite Scotland’s Sturgeon To Cabinet Meetings – FT https://t.co/yhGMle9wWB

— LiveSquawk (@LiveSquawk) August 11, 2020

#Brexit | Macron Is the Wild Card in the U.K.’s Attempt to Get an EU Deal – Bloomberghttps://t.co/0Vf9l0458P

— Christophe Barraud (@C_Barraud) August 11, 2020