China
official PMIs for July from the National Bureau of Statistics (NBS):
Manufacturing 49.3, remained in contraction for the fourth straight month
- vs. expected 49.2, prior 49.0
Non-manufacturing 51.5
- vs. prior 53.2
Composite 51.1
- prior 52.5
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There will be more stimulus announced for China later today:
This article was written by Eamonn Sheridan at www.forexlive.com. Source