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European Market Update: Asia/Europe July Manufacturing PMI Data Paints A Mixed-To-Soft Picture

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The USD was consolidating after losses late last week following disappointing US. GDP growth data which reduced prospects for Fed tightening. Asia/Europe July manufacturing PMI data painted a mixed-to-soft picture. Overall the Euro zone data contrasted sharply with the picture being painted by post-Brexit vote survey data out of the[​IMG]

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