Germany: Flash PMI manufacturing rises to 52.9 in July

FXStreet (Łódź) - The preliminary German PMI manufacturing showed an increase to 52.9 in July, from 52 in June, according to data released today by Markit. Analysts expected the indicator to remain unchanged.

Services PMI grew to 56.6 from 54.6, against forecasts of falling to 54.5.

GBP/USD followed the euro, but rebounded

GBP/USD opened the day at 1.7039, slid to 1.7021, but recovered to 1.7045 area soon.
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China’s PMI keeps improving – Danske Bank

The recent release of the Chinese manufacturing PMI for the month of July points to further improvement in the sector, noted Jens Pedersen, Analyst at Danske Bank....
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