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UK July CIPS Manufacturing PMI Slows; Export Orders Fall Back
UK July manufacturing PMI 57.3
HSBC H1 profit $11.1 bln
UK Forecasts: July Manufacturing PMI: Median 57.0
Japan MOF Minezaki: Doesn’t see yen rise as too rapid as of today
Euro zone July final manufacturing PMI 56.7
French July final manufacturing PMI 53.9
Italy July manufacturing PMI 54.4
EUR/GBP: This is what I’m hearing
USD/CAD touch lower; talk of barrier option interest
EUR/GBP trips stops
Thai July core CPI +1.2% y/y
Bank of Korea may have bought around $300-500 mln to curb won’s strength Monday – Dealers
Swedish PMI 64.2 in July
GBP/USD ticks higher in early European trade
USD/JPY touch firmer in early European trade
India July manufacturing PMI rises to 57.6 from 57.3 in June
Hot political Summer as China throttles rare metal supply and claims South China Sea
Japan July New Vehicle Sales Slow To +15.0% Y/Y; June +20.6%
Germany Data: MNI Survey Of Econ Data Forecasts, Aug 5

UK July CIPS Manufacturing PMI Slows; Export Orders Fall Back

Posted:

--UK July CIPS Manufacturing PMI 57.3 Vs June 57.6 - Reuters --UK July CIPS Manufacturing Above Median 57.0 Forecasts ...

UK July manufacturing PMI 57.3

Posted:

Better than median forecast 57.0. June revised to 57.6 from original 57.5. Cable up around 1.5800. Where's the Reserve Bank of India? They gotta be champing at the bit to sell some.

HSBC H1 profit $11.1 bln

Posted:

Better than median forecast of $9.1 bln. HSBC shares up around 4% post release. If there was 1.5800 barrier option interest in cable (and looks like there was given price action), then it just got popped by this news. 1.5801 posted.

UK Forecasts: July Manufacturing PMI: Median 57.0

Posted:

...

Japan MOF Minezaki: Doesn’t see yen rise as too rapid as of today

Posted:

Say's he won't comment on fx level. Oh go on, you know you want to!! USD/JPY steady around 86.70.

Euro zone July final manufacturing PMI 56.7

Posted:

Up marginally from flash estimate of 56.5.

French July final manufacturing PMI 53.9

Posted:

From flash 53.7. German July final manufacturing PMI 61.2, unchanged from flash estimate.

Italy July manufacturing PMI 54.4

Posted:

Versus 54.3, highest read since May 2007. Wow!!!

EUR/GBP: This is what I’m hearing

Posted:

A certain Spanish bank is said to have been notable seller (SELLER!!, strewth I need to wake up) of EUR/GBP in this latest leg lower. Talk is it's related to this. Take it for what you will.

USD/CAD touch lower; talk of barrier option interest

Posted:

USD/CAD down at 1.0253 from early 1.0270. Just being told there's apparently barrier option interest at 1.0250. Will it give out, or are we about to see a robust defence. Riveting stuff!!! I really can't contain my excitment.

EUR/GBP trips stops

Posted:

Through .8300, presently at .8285. Cable has gotten its' marginal lift, presently at 1.5762. I'd hazard a guess barrier option interest up at 1.5800. The sell-off in EUR/GBP has helped pressure EUR/USD which is down marginally at 1.3060. I'm marginally less bored. But it's only very marginal. If EUR/GBP now bounces back above .8300 I'm ...

Thai July core CPI +1.2% y/y

Posted:

In line with median forecast. Got me thinking about steaming bowl of phad thai. Yummy. Little update on EUR/USD; Talk of sell orders up at 1.3090/00 to go along with stops through 1.3100 and further sell orders at 1.3115.

Bank of Korea may have bought around $300-500 mln to curb won’s strength Monday – Dealers

Posted:

Guess we can expect the Bank of Korea to turn up on the bid in EUR/USD at some early juncture. EUR/USD whizzing around all over the shop. Yer right. Presently at 1.3073.

Swedish PMI 64.2 in July

Posted:

Better than median forecast of 62.5. Got me thinking about a lovely steaming bowl of Swedish meat balls. Yummy. EUR/USD sits at 1.3075, doing precious little of anything so far. Well it's Monday, what did you expect? Time for some toast.....

GBP/USD ticks higher in early European trade

Posted:

Up at 1.5740 from 1.5720 when I arrived. Risk on backdrop helping support. EUR/GBP at .8305. Talk of stops below .8300. If they come into play could give cable further boost. 08;30 GMT: UK manufacturing PMI for July, expected down at 57.0 from previous 57.5.

USD/JPY touch firmer in early European trade

Posted:

USD/JPY up at 86.60. Garnering much-needed marginal support from "risk on" backdrop. Talk buy orders clustered 86.10/20, sell orders 86.80/00, smallish stops through 87.00.

India July manufacturing PMI rises to 57.6 from 57.3 in June

Posted:

More good news. India's main stock index extends gain to 1%. Indian manufacturing expansion picked up, driven by new orders, stronger factory output and rising prices even as hiring stagnated. It's the 16th consecutive month this key index of manufacturing has been above 50, the pivot point between expansion and contraction.