US-China Tensions Resurface Putting A Wrench To Recent Risk-On Sentiment

<p>Notes/Observations Geopolitical Tensions simmer after China stated the US ordered it to close its consulate in Houston citing issues over intellectual property Asia: Japan July Preliminary PMI Manufacturing 42.6 v 40.1 prior (15th straight contraction) Australia Jun Preliminary Retail Sales M/M: 2.4% v 16.3% prior; Y/Y 8.2% v 5.3% Coronavirus: Total global cases 14,906,602 (+1.7% [&#8230;]</p>
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