Broadly defined commodities topped last week’s performance ledger for the major asset classes – by a wide margin, based on a set of exchange-traded funds. Most of the gain was linked to higher oil prices, which rose due to a perfect storm of several bullish factors last week.
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China warns it will cut ties to US companies selling arms to Taiwan: Reuters
China’s GDP growth slips to 6.2% pace, lowest since 1992: SCMP
Commodities data is positive sign for China’s economic outlook: Bloomberg
Trump is considering removing Commerce Secretary Wilbur Ross: NBC
July survey of economists: US Q2 GDP growth set to decelerate to +1.9%: WSJ
China arrests another Canadian: Time
House considers barring tech firms from offering financial services: CNBC
US retail spending’s 1yr trend for June appears set to dip slightly to +3.0%: