Latest data released by Destatis – 30 July 2020
That said, just take note that from the Saxony report, there was a heavy skew in terms of a drop in food prices that is causing a drag on inflation this month. That may have been a factor but regardless, the trend in general will keep ECB

The pound is the only currency outperforming the dollar so far today
The pair moved to a low of 1.2945 earlier in the session but held on to near-term support close to 1.2950 before rebounding to its best levels on the day now. Buyers are looking to keep a break above 1.3000 and that will be

Kyodo News with the headline
This is pretty much expected after the record daily rise seen in Tokyo earlier . That should bring the total active cases across the country to nearly 10,000 at the end of the day. For some context, Japan had „only“ ~1,000 active cases as of 30 June.

China’s Politburo comments after a work meeting to discuss its economic goals and plans for the second half of the year
The work meeting earlier was chaired by China president Xi Jinping and it looks like they will continue to keep their current policies into 2H 2020 at least, to try and bolster the economy and

Latest data from the Mortgage Bankers Association for the week ending 24 July 2020
–  +4.1%
– Market index 841.9 vs 848.8 prior
– Refinancing index 3,955.9 vs 3,973.3 prior

Forex news from the European trading session – 29 July 2020
Headlines:
Markets:
– GBP leads, NZD lags on the day
– European equities mixed; E-minis up 0.1%

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BOE chief economist, Andy Haldane, had a series of online meetings with businesses and community groups in Northeast England
He also pointed out that estate agents have said they had seen a rapid rebound in activity since the reopening in May, probably reflecting pent-up demand.

Some key developments yet to play out in the trading day ahead
Gold and silver aren’t doing much and equities are pretty much stalled as we wait on the Fed for more clues in the day ahead. So, what are the things to watch out for?

Fauci says that he has not misled the public under any circumstances
This comes after Trump retweeted posts yesterday calling Fauci a fraud and that he has misled the public on the whole virus situation.