Dow industrial average down for the 2nd consecutive day
The final numbers are showing:
For the week, the Dow led the way, while the NASDAQ index ended the week in the red. The final numbers are showing:

California reports an increase in cases

A couple of token remarks from Bailey
here

Fink says that investors are ’scrambling‘ looking for a place to put their money
He is commenting in an interview with CNBC after the firm reported earnings earlier, which beat out analyst forecasts with revenue topping estimates as well – a similar narrative to other financials that have reported earlier in the week.

Forex news from the European trading session – 17 July 2020
Headlines:
Markets:
– CHF leads, JPY lags on the day
– European equities mixed; E-minis up 0.4%

Comments by UK prime minister, Boris Johnson
– We are publishing framework for containing future virus outbreaks
– Local authorities will be given new powers from tomorrow
He also reaffirms that the national lockdown was undoubtedly the right thing to do at the time. For now, things are looking better but complacency is the real threat to a

Boris Johnson says that the government is aiming to review the remaining restrictions in November
– From October, we intend to bring audiences back into stadiums
The part on large gatherings in sports stadiums will be tricky to pilot surely, and that will be a real risk if precautionary measures are not handled diligently. But in any

Raab announces details into investigation of the leak of UK-US free trade agreement
The UK-US free trade agreement was leaked to Reddit and the UK is out with a report. It concludes that it is „almost certain“ that Russian actors sought to interfere in the UK election with the report. They also note that the documents

Lots of central bank news and top-tier data
The ECB decision at 1145 GMT is still to come but shortly afterwards the focus will shift to North American trade and the latest economic data.

ECB continues to reiterate stands ready to adjust all of its instruments
There are no changes here whatsoever. The euro chopped around 1.1400 on the release but has ticked up to 1.1410 since.