Gold-backed ETFs closed H1 with a record US$40bn of net inflows. In June #goldETFs added 104t, taking global holdings to all-time highs of 3,621t. Explore our latest monthly data and commentary: https://t.co/E4l80jrSQY pic.twitter.com/Zb30l3f1xk

— World Gold Council (@GOLDCOUNCIL) July 7, 2020

Passive Investors are dominating the market- Exhibit 1 https://t.co/9RW7hYeegC

— Michael Lebowitz, CFA (@michaellebowitz) July 7, 2020

EU Commission has slashed its forecast for EU economy this year to a 8.3% from May estimate of 7.4%. In order of severity (%):
🇮🇹 -11.2
🇪🇸 -10.9
🇭🇷-10.8
🇫🇷-10.6
🇵🇹 -9.8
🇬🇷-9.0
🇸🇰-9.0
🇧🇪-8.8
🇮🇪-8.5
🇨🇿-7.8
🇪🇪 -7.7
🇨🇾-7.7
🇧🇬 -7.1
🇱🇹-7.1
🇦🇹-7.1
🇱🇻-7.0
🇸🇮-7.0
🇭🇺-7.0
🇳🇱-6.8
🇩🇪-6.3

— mehreenkhn (@MehreenKhn) July 7, 2020

Two Europes? https://t.co/NLd0vy6FIw

— Ulrich Speck (@ulrichspeck) July 7, 2020

Europe's recession will be deeper & longer than previously expected: European Commission https://t.co/tOX7DftLxY pic.twitter.com/n3xEYOxcfN

— Lisa Abramowicz (@lisaabramowicz1) July 7, 2020

#Germany #industrial production: despite teh sharp rebound, still no better than when the #euro was first launched.

The Lost Millennium!#coronavirus pic.twitter.com/a6ZWrtCceH

— Cantillon Consulting (@CantillonCH) July 7, 2020