Nikkei Japan manufacturing PMI for July ... flash reading at 51.4
- expected 50.5
- prior was 50.1 in June
Amy Brownbill, economist at Markit:
"Operating conditions in the Japanese manufacturing sector improved in July. Production rose at the quickest rate since February, while new order growth was the second-strongest this year so far. Subsequently, employment rose at the fastest rate since December 2014 and buying activity growth resumed. "Meanwhile, reports of the falling yen against the dollar led to greater cost pressures, as input price inflation was the strongest in three months. That said, the rate of inflation remained weak in the context of historical data."
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We have the China flash manufacturing PMI due up at 0145GMT