In MACRO, OIL & JOBS NEWS, 130 countries agree on a global minimum corporate tax rate and oil prices jump while signing bonuses become the norm for US job-seekers and European unemployment falls. In RETAIL NEWS, H&M shuts down stores, Primark wins, Euro2020 boosts sales of wine coolers and TVs while Boots picks up. In FINANCIALS-RELATED NEWS, the ECB paves the way for banks to pay dividends, private equity firms book $500bn-worth of deals and Robinhood's losses mount. In MISCELLANEOUS NEWS, Nissan makes a Sunderland announcement, US car sales stay hot, Lookers looks good and Haribo has issues. AND FINALLY, I bring you the joys of an American lady trying to make tea...
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