Greetings,
The United States: New home sales were softer than expected last month.
The Eurozone: As we saw yesterday, the July PMI report points to a stalling recovery.
China: China unexpectedly cut the 1-year lending facility rate by 20 bps.
India: The PMI report indicated another robust month for India’s business activity. Here is manufacturing.
Commodities: Copper continues to struggle as inventories climb.
Credit: Blackstone’s mortgage REIT dropped sharply after cutting its dividend.
Food for Thought: The average family size in the US:
Edited by William Villacis
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