Japan’s manufacturing activity grew faster in July. This was revealed today by Markit Economics and Caixin. The manufacturing index rose from 52.4 in June to 53.0 in July. The index has now been pointing at growth for six months in a row. An index reading greater than 50 indicates growth, while less than 50 indicates contraction.
China’s manufacturing industry grew slightly in July, Markit Economics published today. The manufacturing index fell from 51.3 in June to 50.3 in July. That is the lowest level in 15 months and only narrowly points to growth. Over the weekend, the Chinese government set its own reading for the industrial index at 50.4, from 50.9 in June, a growth slowdown that has continued for four months.
German retail sales rose in June. This was revealed today by the German statistical office Destatis. On a monthly basis, June sales increased by 4.2%, adjusted for inflation. This means that the growth is significantly stronger than the 1.8% that economists had foreseen in advance.
The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.07% compared to previous business day.
In the attachment, today’s market data on money and capital market rates as well as other rates are presented.
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