Value, small caps are important moving forward: Northwestern Mutual's Schutte

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EURUSD is trading higher and jumped more than 40 pips on upbeat German IFO. The German IFO rose to 92.6 in Aug compared to estimates of 92 and Current assessment index jumped to 87.9 slightly above expectations of 87. The COVID-19 vaccine hopes and optimism in US, China trade deal is supporting Euro at lower levels.

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Trump's policies have been like rocket fuel to the economy, " Mr Trump said during his speech, praising his father's leadership. But his most powerful lines were not about the president; they were swipes at Joe Biden, the Democratic nominee for the presidency.

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