Roundups
News roundup – Between
The Hedges
The 6am Cut London – alphaville
/ FT
Emerging Markets
Headlines – beyondbrics
/ FT
Asia Morning MoneyBeat: Sleepy Market Nudges Dow to
New High – WSJ
Europe Morning MoneyBeat: Small Gains Expected, PMIs
Key – WSJ
MORNING BRIEFINGS
Flash PMI estimates
for Germany’s services and manufacturing sectors are
scheduled today, followed by reports on the UK CBI Industrial Trends Orders
Index and the first estimate of the US Manufacturing PMI for July.
European markets are
likely to open firmer Wednesday. With today's data revealing a
more-than-expected contraction in China’s manufacturing activity, the manufacturing
PMIs across Europe and the US due later today will be eyed for further
direction.
Danske Daily – Danske
Bank (pdf)
Euro area PMIs
are expected to improve for a third consecutive month in July... ECB will release its quarterly bank lending survey...Chinese HSBC Flash manufacturing
PMIs released overnight showed another decrease down to 47.7 in July from 48.2
in June.
Bond yields rise
– equities see modest pressure * More worrying data from China – stimulus
measures now closer? * Spanish GDP contraction continues to moderate * Modestly
hopeful news from France * Euro-zone PMIs and ECB’s lending survey important * 5-year
auction and new home sales in store from the US
Aamukatsaus – Nordea
Kohti uusia
elvytystoimia? * Odotukset Kiinasta loivat nousupaineita korkoihin
Aamukatsaus – Tapiola
(pdf)
Outokumpu laskee loppuvuoden tulosnäkymiään ja
Konecranesin tulos odotuksia heikompi kesäkuun tulosvaroituksen jälkeenkin. Markkinan
suunta: Kiinan alustava ostopäällikköindeksi osoittaa teollisuuden supistumisen
kiihtyneen. Tänään julkaistaan alustavat mielenkiintoiset alustavat
ostopäällikköindeksit myös muualta. Euroalueen kuluttajien luottamus hieman
odotuksia parempi.
Osakefutuurit nollassa, indikoiden tasaista
avausta OMX HEX:iin.
ASIA
PMI disappoints but
order-inventory balance points to stabilization – Danske
Bank (pdf)
China July Flash HSBC
PMI falls to 11-month low – Reuters
China Manufacturing Weakens Further as Slowdown Deepens – BB
China PMI Plunges To 11-Month Low, Employment Weakest In Over 4 Years – ZH
China Manufacturing
PMI Declines at Quickest Pace Since Last August – Mish’s