Trump speaks in an interview with Fox Business
– USPS, mail-in funds the main holds ups in talks
– Democrats‘ demand for election funding also an issue holding up talks
Just a couple of token remarks by Trump so far, nothing for markets to really go on. The stalemate continues and will likely stay that way ahead of

Further comments by Trump
It is funny how he has come around on the dollar policy after having complained about the Fed and the ’strong‘ dollar up until . But as we look towards the election phase, it is all about public opinion and boasting, if you will.

Cable moves towards a test of the 1.3100 handle again
The risk mood is still rather tepid in European morning trade, with European indices a touch lower and US futures keeping closer to flat levels for the time being. Elsewhere, gold and silver remain higher but not really doing a whole lot since the start of

The next round of Brexit talks will take place in Brussels next week
Negotiators will kick things off with a dinner on 18 August at 1700 GMT, before talks continue through the week and they will wrap things up on 21 August. After that, we can generally expect the usual press conferences from Frost and Barnier.

Forex news from the European trading session – 12 August 2020
Headlines:
Markets:
– CHF leads, NZD lags on the day
– European equities a little higher; E-minis up 0.7%

Comments by UK international trade secretary, Liz Truss
The remarks above comes after the third negotiating round between the two countries. There’s not too much specifics but it is yet another slow and steady process in trying to get something done before the end of the year. The full update can be found .

EUR/USD inches towards a session high of 1.1775
The dollar is trading at the lows for the day as it pares gains across the board, with EUR/USD rising to a session high of 1.1775. AUD/USD is also nearing flat levels on the session in a move to 0.7140 from around 0.7120-30 earlier.

Latest data from the Mortgage Bankers Association for the week ending 7 August 2020
–  -5.1%
– Market index 852.8 vs 798.8 prior
– Purchase index 306.6 vs 300.7 prior
The long-term mortgage rate falls to a new record low in the latest survey, and that is fueling the sharp jump in refinancing activity – highest levels since April.

Latest data released by Eurostat – 12 August 2020
Nonetheless, this pertains to Q2 data and it is pretty much a quarter that is written off at this point. The data over the next few months will offer a better indication of the recovery process and how sustainable that will be towards the end of the

White House adviser, Kellyanne Conway, confirms with Fox News
Just a heads up in case we see unwavering optimism in the headlines later in the day.