This year’s rally in stocks has left no major region of the world untouched by animal spirits. But the appetite for risk is strongest in Eastern Europe/Russia, closely followed by the United States, based on year-to-date returns via a set of exchange-listed products that represent the main economic regions on the planet.

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China warns that military can be used to contain Hong Kong protests: NY Times
Boris Johnson, Britain’s new prime minister, takes office today: BBC
US-China trade talks will resume next week: WSJ
US Dept of Justice announces antitrust review of Big Tech: CNBC
China says US is undermining global stability: Bloomberg
Robert Mueller scheduled to testify in Congress today: CNN
FBI director: Russia intent on interfering in US elections: Reuters
Eurozone growth remained muted in June, falling to 3-month low: IHS Markit
German mfg sector slumped to worst performance in 7 years in June: IHS Markit
Manufacturing is contracting in the mid-Atlantic states for July: Richmond Fed
US existing home sales fell in June and continued to slide in annual terms: MW