Outside
The last US military aircraft left Afghanistan an uncertain future under theTaliban, while President Joe Biden faces criticism at home for chaotic withdrawal.The Taliban called for good ties with the US after the 20-year conflict that killed dozens ofthousands of Afghans and nearly 2,400 Americans, costing more than $1 trillion. OneState Department official said yesterday that the recognition of a newgovernment in Kabul would not happen anytime soon. China seems to be a great source ofinternational recognition for the regime, while Beijing looks to mineral wealthfrom the country
Better
A study that directly compared immune responses found that the vaccinemanufactured by Moderna Inc. developed more than twice the antibodies of the vaccinePfizer Inc. and BioNTech SE Covid. Moderna’s shares fell, however, asthat Japan was investigating the deaths of two people who received the vaccine. The HouseBranca is pushing for the start of booster vaccines planned from 20 MarchSeptember, a target that already looks ambitious as health adviserspublic companies follow a cautious path. With the persistently high number of cases, theEU acted yesterday to restrict US travel. Covid may have killed up to 4.5 million ofpeople in India, ten times the official total, according to the National Bureau of EconomicResearch
To jump
Aluminum recovery over a year accelerated this morning, with an increase in3%, reaching the highest level in a decade. Metal supplies are becomingtighter as Beijing seeks to reduce pollution from the process.energy-intensive metal production. Analysts at Goldman Sachs Group Inc.increased their target price for aluminum along with nickel and zinc. Whilethis, the oil market is focused on tomorrow’s OPEC+ meeting, which shouldfulfill its plan to increase production by 400,000 barrels a day.
Markets go up
Global equities are rising again, with Asia shaking off weak dataChinese, while yesterday’s record Wall Street close is helping the moodin Europe. Overnight, the MSCI Asia Pacific index added 1.1%, while the indexJapan’s Topix closed 0.5% higher. In Europe, the Stoxx 600 Index was 0.1% higher at7:16 am, Brasília time. The S&P 500 futures pointed to a higher open, the10-year treasury yield was at 1.28% and gold was higher
Arriving
The FHFA House Price Index and S&P CoreLogic home prices for June are at 10 am. MNIChicago PMI is at 10:45 am and a consumer confidence reading is at 11:00 am. the earningsinclude Designer Brands Inc., American Woodmark Corp., Anaplan Inc., Ambarella Inc.,PVH Corp.
Source:https://wintrademarkets.com/
