The news out of China from the weekend was of supportive policy moves: A snippet from UBS, analysts there are optimistic on the developments. On more broader moves from Chinese policy makers: China’s broader package of response measures is starting to take shape. This latest round of measures adds to a growing list of steps
EURO AREA PMI KEY POINTS: Germany Manufacturing PMI Flash at 39.1. Forecasted Figure 38.7. Business Activity Fell the Most in Over 3 Years. German Services PMI at 47.3. Forecasted Figure 51.5. Flash Euro Area Composite Output Index at 47 (July: 48.6). 33-Month Low. Flash Euro Area Services PMI Activity Index at 48.3 (July: 50.9). 30-Month
