UK DATA: Manufacturing Optimism Falls Sharply; Orders Down – CBI
–UK CBI Monthly Trends: Jul total orders -10% vs 1% in Jun
–UK CBI: Jul Expected output volumes +6% vs +13% in Jun
–UK CBI Ind. Trends: Jul avg. output prices +4% vs +27% Jun
–UK CBI: Jul Quarterly business optimism -16% vs +9% Apr
–UK CBI Jul qtrly volume of expected output +6% vs +22% Apr