Global Economic Outlook: Yuan, Dollar and Commodities

The week features a busy calendar with manufacturing data from several major economies, as well as several central banks making rates statements. China manufacturing came in lower than expected and the market watches US unemployment figures as the countdown to a September Fed rates hike continues.

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Economic Indicators

World Indexes and Forex Rates





In the Calendar This Week

Sun 2 August
China Caixin Final Manufacturing PMI (actual: 47.8 expected: 48.3 previous: 48.2)

Mon 3 August
UK Manufacturing PMI (expected: 51.6 previous: 51.4)
US ISM Manufacturing PMI (expected: 53.6 previous: 53.5)
US Trade Balance (expected: -3.06B previous: -2.75B)

Tue 4 August
Australia RBA Rate Statement
UK Construction PMI (expected: 58.6 previous: 58.1)

Wed 5 August
UK Services PMI (expected: 58.1 previous: 58.5)
US Non-Farm Employment Change (expected: 218K previous: 237K)
Canada Trade Balance (expected: -2.8B previous: -3.3B)
US Trade Balance (expected: -42.6B previous: -41.9B)

Thu 6 August
UK Official Bank Rate (expected: 0.50% previous:

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