Despite a flurry of seemingly bad news equity indices remain in the champagne mood. A mix of US-China tensions and escalating street riots in US cities did little to change stock market sentiment. Monday is a public holiday in Germany but DE30 has managed to recoup all the morning losses and has just climbed to the highest level since 6 March. This market is nearly 49% up from the pandemic low and is testing local lows from October 2019.

Daily summary: Weak US data drags markets down, precious metals under pressure again!
US Open: Wall Street rises despite weak retail sales
US2000 near record levels 🗽 What does NFIB data show?
Chart of the day 🗽 US100 rebound continues as US earnings season delivers