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Futures Rise As Oil Plunge Helps Yields Ease From Nosebleed Highs; All Eyes On Yentervention
['Tyler Durden']
ZeroHedge News
Today’s macro data focus is opn the final July reading of S&P Global manufacturing PMI due at 9:45 a.m.
Today's US economic data calendar includes July final S&P Global US manufacturing PMI (9:45am), July ISM manufacturing and June construction spending (10am).
Thereafter, Germany’s final Manufacturing PMI was unrevised, and showed an “impressive start” to Q3.
Ahead, the space looks to its own Final Manufacturing PMI before the ISM print and then an AtlantaFed update, in addition to Treasury financing estimates.
3M LME copper trades within a narrow 13,800.60- 13,903.00/t range, with gains capped as participants also digested disappointing Chinese RatingDog Manufacturing PMI data.