Hello and welcome to the working week.

The next seven days are not all about the US, just mostly. The headline act will be the Democratic National Convention, which officially kicks off at the United Center in Chicago on Monday with more than 50,000 people expected to attend over the following few days, including FT colleagues.

The DNC is an act of choreography to make an Olympic opening ceremony look like the Gloucester cheese-rolling contest, with momentum gradually building over the week. This year will feature speeches by President Joe Biden, then former presidents Barack Obama and Bill Clinton before the arrival on Thursday of Kamala Harris for her coronation address.

Since Biden stepped aside to allow Harris to take the nomination, the party mood has been transformed, providing a momentum that has enabled her to pull ahead of Republican rival Donald Trump in the critical battleground states of Michigan (+1.4 points) and Wisconsin (+0.6 points), according to the (free to view) FT poll tracker.

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