Comments by Japanese prime minister, Shinzo Abe
– Coronavirus cases are rising, government is watching closely
It is clear that the virus situation across the country is not getting any better as the curve is steepening as the days go by. Japan reported a single day record of 980 new virus cases yesterday, with infections also picking

The risk mood is keeping more defensive in European morning trade, but market sentiment isn’t as dire as it was at the start of the session
US futures are seen down by ~0.3% and off earlier lows, with European indices also seeing over 1% losses still but are a little higher than their low points today.

Forex news from the European trading session – 24 July 2020
Headlines:
Markets:
– JPY leads, AUD lags on the day
– European equities lower; E-minis down 0.3%

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Comments by UK prime minister, Boris Johnson
– We have done very well, but the virus is still there
– We should rely on the common sense of the British people (on the topic of masks)
Well, for starters relying on common sense and hope is not really a good game plan to try and prevent a secondary

US secretary of state Mike Pompeo is to speak about China later today

Silver and Gold are moving at different speeds

Further comments by Barnier
– We are willing to negotiate to the last moment
– Neither UK nor EU has considered abandoning talks
On the issue of abandonment, Barnier says that „it is very stimulating to read the British press but you shouldn’t believe everything you read“. Sure, sure. They’re not abandoning talks but then they’re also not

Forex news from the European trading session – 23 July 2020
Headlines:
Markets:
– CHF leads, GBP lags on the day
– European equities higher; E-minis up 0.3%

No surprises as talks continue to go nowhere for now
– There was no progress on level playing field, fisheries
– The past few weeks, UK has not shown readiness to find solutions
That basically sums up the situation. Both sides are still not budging as they would much rather maintain their red lines until crunch time later