Headlines Aug 10

​US senate votes 50 to 49 to proceed with debate on $3.5 trillion budget plan.

US crude output to fall 160,000 bpd to 11.12 million bpd in 2021 (vs fall of 210,000 bpd forecast last month) - EIA.
$1 trln infrastructure bill has secured enough votes to pass in US Senate.
Senator Lummis: I hope crypto tax reporting proposal becomes law this year.
German ZEW Economic Sentiment Actual 40.4 (Forecast 55, Previous 63.3) Euro weakened