Harris officially accepts Democratic presidential nomination

In the U.S. Kamala Harris officially accepts the Democratic presidential nomination at the DNC in Chicago. She took aim at ‘unserious’ Republican rival Donald Trump during her historical address. U.S. Treasury yields are up and equities in the red as investors await Fed Chair Jerome Powell’s big Jackson Hole speech this afternoon with policy makers considering a rate cut in September. Meanwhile in Japan, inflation moves higher as BoJ governor Kazuo Ueda signals rates will be raised again should data stay on track. And Nestlé CEO Mark Schneider steps down from the helm of the world’s largest food and beverage producer following poor recent performance. The company is due to install insider Lauren Freixe as soon as next month.

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