Two main concentrations today, both in the US.
First, although the headlines from May's JOLTS job openings were unspectacular, the recovery in hirings, and - just as importantly - the recovery in 'quits' make this a very encouraging account of labour markets. This was more evidence against the fear that coronavirus will leave a 'scarring' on US labour markets.
Second, there was a very different picture from July's IBD/TIPP economic optimism index, which relapsed unexpectedly to the weakest since 2016. Is this coronavirus redux, or is it responding to the broader deterioration of the political environment?
I also briefly note dissapointments in Germany's May industrial data, France's trade and current account deficits, and Australia AiG services PMI.
