Euro-zone PMI manufacturing for the month of August slowed to
55.0 from 56.7 the month prior amid economists' expectations of
56.1, while the services index cooled to 55.6 from 55.8 in July,
Markit Economics said today.
The S&P 500 gained 3.15% in August after a shaky start that saw the index decline as much as 1.3%.
It’s the best month
The euro had company in the dog house as the pound matched its decline in August.
FX returns vs USD in August
Given the data this week the market seems to be looking for the ECB to take a step closer to QE.
Fasten your seat belts … its Truckometer day!
New Zealand ANZ Truckometer for July, prior was -0.8%.
Yes, the Truckometer,
Economic data due from China today, coming up at 0145GMT:
On the weekend we got
And last week we got:
Happy RBA day!
At 0430GMT we get the announcement from the board meeting.
Highlights of the ISM manufacturing index for July:
The key sub-indexes are especially strong.
ISM manufacturing July 2014
Maserati reported that its sales were up 315%in July.
Based on my 30-seconds of internet research I’ve learned that Masera
Morningstar reports that PIMCO’s flagship Total Return Fund lagged 89% of peers in July.