Italian health minister rules out another lockdown despite rising virus cases 0 (0)

Italy says no to another lockdown
This is via comments from Italian health minister, Roberto Speranza, speaking to Bloomberg in an interview. As mentioned before, this is all very much a political exercise and public expectations have very well changed from the beginning of the pandemic.

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It is all about keeping up appearances when it comes to US-China trade talks 0 (0)

The actual trade figures don’t matter and have not mattered for a while now
China soybean imports from Brazil surged in July, according to customs data, as China brought in 8.18 million tonnes of soybeans from Brazil last month – the figure is up by 27% from the 6.42 million tonnes imported in July 2019.

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German finance minister says signs are showing that economy is developing better than expected 0 (0)

Comments by German finance minister, Olaf Scholz
the ‚debt brake‘ issue
A potential market concern is that the economy may be moving in the right direction, so lawmakers choose not to suspend the ‚debt brake‘, but that in itself may hinder the path towards a quicker and more sustained recovery down the road.

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Forexlive European FX News 24 Aug: Risk on sentiment session on vaccine hopes 0 (0)

Positive sentiment, but for how long?
Other markets
The USD has shown broad weakness on the session as risk on sentiment has dominated. 
The session started very slowly with narrow ranges across the major pairs. The general sentiment was positive on news from the handover that the US is planning to allow emergency use of plasma in the

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Tech leads the way as Alibaba beats estimates 0 (0)

Via Reuters
The role of tech leading the way through COVID-19 was once again confirmed last week when Alibaba beat estimates. Here was the headlines: 
Alibaba’s stock has risen 23% this year as a ’stay at home‘ stock which investors have been backing as winners in a COVID-19 shut down world. Alibaba is also seen as a

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