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Daily Insights 

August 3, 2015
 

China concerns weigh and Greek exchange reopens

  • Asian equities fell and the USD bounced back as China’s official manufacturing PMI fell to a five-month low of 50. The breakdown of China’s July PMI reflects weak demand conditions at home and abroad. The SHCOMP Index was down 2.5% in the morning session following the 14% fall in July, which was its steepest monthly decline in six years. Indian equities bucked the trend to close marginally positive
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