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The RBA, Stats, and Capitol Hill Put the Aussie and U.S Dollar in Focus

It’s a relatively quiet day on the economic calendar. That leaves the RBA, stats from the U.S, and progress towards the U.S stimulus package in focus.
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The Crypto Daily – Movers and Shakers – August 2nd, 2020

It’s a mixed start to the day for the majors. For Bitcoin, a move back through Saturday’s high would bring $12,000 levels into play.
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European Equities: Geopolitics and Earnings in Focus

With no economic data from the Eurozone, the focus will be on U.S stats, Capitol Hill, and corporate earnings.
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US Stock Market Overview – Stock Rally Led by the Nasdaq; Microsoft and Semis Drive the Gains

ISM manufacturing accelerates in July
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Euro Area Safe Assets to Rise by Almost EUR 2.5trn Over Coming Years, Boosting the Euro’s Standing

The EU’s forceful crisis-response will increase supply of highly rated euro-denominated government and supranational bonds, which could weaken the sovereign-banking nexus and bolster the euro’s international role.
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The Week Ahead – COVID-19, Economic Data and US Politics in Focus

It’s a busy week ahead for the markets. Economic data, COVID-19 updates, and political wrangling on Capitol Hill are just a few of the things to consider.
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